July 25 (SeeNews) - Bulgarian banks' outstanding loans to the non-government sector grew by 4.2% year-on-year in June, after posting a 4.7% increase in the previous month, reaching 52 billion levs ($30.9 billion/26.56 billion euro), central bank data showed on Tuesday.
Corporate lending increased by an annual 2.1% to 30.9 billion levs as of end-June, while lending to households rose 6% to 19.3 billion levs, data from Bulgarian National Bank's monthly monetary statistics report indicated. In May, corporate lending rose by 3.3% on an annual basis while household lending added 5.8%.
As at end-June, loans to financial corporations were 26.5% higher year-on-year, at 1.86 billion levs.
Details follow (in billions of levs, nominal change in percent):
Bulgarian banks' loans in June |
in bln levs |
y/y change |
Loans to non-govt sector |
52 |
4.2 |
-non-fin corporations |
30.9 |
2.1 |
-households |
19.3 |
6.0 |
--overdraft |
1.3 |
-10.7 |
--housing loans |
9.0 |
4.4 |
--consumer loans |
7.6 |
4.6 |
--other loans |
1.3 |
69.8 |
-financial corporations |
1.86 |
26.5 |
Source: BNB
(1 euro = 1.95583 levs)