December 27 (SeeNews) - The assets of Bulgarian commercial banks totalled 54.957 billion levs ($40.776 billion/28.132 billion euro) at the end of November, up 37.4% from a year earlier, central bank data showed.
End-month details follow (in millions of levs):
|
Nov'07 |
Oct'07 |
Nov'06 |
LOANS AND RECEIVABLES (INCLUDING FINANCIAL LEASES) |
42,072.578 |
40,310.484 |
n.a. |
- Debt instruments |
16.074 |
15.963 |
n.a. |
- Loans and advances |
42,056.504 |
40,294.521 |
n.a. |
TOTAL ASSETS |
54,957.565 |
53,210.528 |
39,985.901 |
FINANCIAL LIABILITIES MEASURED AT AMORTISED COST |
48,132.521 |
46,582.547 |
n.a. |
- Total deposits |
45,608.620 |
44,378.457 |
31,371.066 |
- Deposits from credit institutions |
9,018.483 |
8,850.123 |
51,92.170 |
- Deposits (other than from credit institutions) |
36,590.137 |
35,528.334 |
26,178.896 |
TOTAL EQUITY |
6,044.957 |
5,899.292 |
4,217.727 |
BULGARIAN BANKS' NET PROFIT |
1,048.151 |
964.460 |
675.433 |
The biggest Bulgarian bank by assets at the end of October was UniCreditBulbank, the Bulgarian unit of Italian banking group UniCredit, formed after the merger of its domestic units, Bulbank, HVB Bank Biochim and Hebros Bank. Second came DSK Bank, owned by Hungarian banking group OTP, followed by United Bulgarian Bank, majority-owned by the National Bank of Greece.
Bulgaria has 24 domestically-registered banks and five branches of foreign lenders.
NOTE: The figures for 2007 are not fully comparable with those for 2006 because in January the central bank introduced a new consolidated financial reporting framework for supervisory purposes (CFRF), applicable to European Union credit institutions. Bulgaria joined the EU in January.
(1 euro=1.95583 Bulgarian levs)