BANKS PROFITS EUR 10 M FOR SEPTEMBER, 2001

Business | October 26, 2001, Friday // 00:00

The banking sector profits for September, 2001 registered again an upward trend, Bulgarian National Bank statistics showed. The banks’ total profit for September reached BGN 19, 5 M which brings the total profits for the first nine months of 2001 to BGN 275 M. Released provisions, which are now reported as profit, accounted for most of the sum. The three largest Bulgarian banks – Bulbank, United Bugarian Bank and State Insurance Institute, accounted for about 80% of the September 2001 profits.

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