BULGARIAN POST BANK WITH 72% CREDIT GROWTH

Business | April 10, 2002, Wednesday // 00:00

The credit portfolio stands at BGN 310 M for FY2001, 72 percent up from last year’s BGN 180 M, board member Atanasios Petropulous said, quoted by Pari Daily. According to him, this ranks the Bulgarian Post Bank fourth among the crediting institutions in Bulgaria. “For the first quarter BPB’s credit portfolio has grown further by 10 percent. By the end of 2002, we plan to raise by another 50 percent the credit portfolio. Some 95 percent of the loans have been extended to Bulgarian companies,” Petropulous said.
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