Bulgaria’s Banks Earn 1.43 Billion Euros in Just Nine Months
In the first nine months of 2025, commercial banks in Bulgaria reported a total profit of 2.8 billion leva (approximately 1.43 billion euros)
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BGN 18.3 million in profit for the first six months of this year is reported by the Bulgarian Development Bank. The increase is 20% compared to the same period of the previous year and is a result of the activation of the credit activity, the institution announced.
The Bank's portfolio grew by 7% this semester.
2018 was the strongest in the history of the banking institution, with the largest volume of attracted funds from foreign credit institutions.
The Bank finances its activities by negotiating the attraction of resources from foreign and international credit institutions as well as investment funds.
Bulgarian Development Bank currently has 13 active contracts with 8 financial institutions. Among them is the China Development Bank (CBD), which signed a record contract for 1.5 billion euro in 2018.
A recent study by the Association for Responsible Non-Banking Lending (AONK) shows that nearly a quarter of Bulgarians have used quick loans at least once in their lives. The findings were presented by the organization’s chairman, attorney Nikolay Tsvetko
Bulgaria has effectively completed its transition to the euro, with the bulk of the leva already withdrawn from circulation.
Bulgaria’s economy expanded by 3.0% in the fourth quarter of 2025 compared to the same period in 2024, according to preliminary figures from the National Statistical Institute. On a quarterly basis, seasonally adjusted data indicate a growth of 0.8% relat
Bulgaria has effectively completed the transition period for adopting the euro, though formal legal adoption remains pending
Bulgarian National Bank Governor Dimitar Radev took part in a meeting of EU Heads of Mission held under the European Presidency of the Republic of Cyprus
As of February 27, 2026, the withdrawal of leva banknotes and coins and their replacement with euro cash is proceeding under the established legal framework and operational plans, the Bulgarian National Bank (BNB) reported.
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