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The week: Reform process stalled, EU warns of rising gov’t expenses, and a great week for business
Can the coalition live up to its promises, DIY photovoltaics and good news for "Made in BG" cargo drones
Bulgaria’s Top 10 Banks in 2021
Capital Weekly ranks financial institutions in terms of stability, profitability and dynamics
Bulgarian banks’ profit rises to 1.4 billion levs in 2021
Lower impairment costs, decreased contributions to guarantee funds and the credit moratorium boosted annual profit by 600 million levs
Bulgarian banks’ Jan-Nov profit rises 53% y/y, still below 2019 level
The last 8 billion levs of loans under credit repayment moratorium return to regular servicing
Transport companies Top 20: coronavirus weighs heavily
Transport is among the top 3 sectors of Bulgaria’s economy affected by Covid-19, with the aviation sector suffering the most
Bulgarian banks’ Jan-July profit rises to 400 mln euro
Еarnings come from growing credit portfolio, higher income from fees on operations
Bulgarian banks weather stormy year in 2020
The financial sector got a reprieve for the coronavirus crisis but risks are yet to come in 2021
Coronavirus wipes out half of banks’ profit in 2020
Weak lending and COVID-19 measures are to blame. For a second year in a row, Bulgarian banks will skip dividend
The ghost of bad loans in a COVID-hit economy
Over 4.65 billion euro worth of loans have received a deferral under Bulgaria's credit moratorium by the end of August
Coronavirus puts pressure on Bulgarian banks
In the second quarter, banks’ profits plummeted due to higher provisions and declining interest and fee income
Mortgage lending did not bend to the pandemic
The overall property loan volume in Bulgaria grew in 2020 as demand remained high even during the pandemic
The pressure below surface
Bulgarian banks remained profitable in the first three quarters of 2020 despite the coronavirus impact but with the expiry of the credit moratorium drawing nearer pressure will likely increase on profit margins in the coming months
Bulgaria’s GDP: Nowhere to go but up
The sharpest economic drop on record was expected to be followed by a quick recovery. The third quarter is not looking so good though.