site.btaHouseholds's Deposits Continue to Grow, Loans to Drop - Central Bank

Households's Deposits Continue to Grow, Loans to Drop - Central Bank

Sofia, September 23 (BTA) - At  the  end  of August 2015,
deposits of the non-governmental sector amounted to 60,594
billion leva (72.2 per cent of
GDP), which is an annual increase by 3.8 per cent, the Bulgarian
 National Bank said in a press release Wednesday.

At the end of August, deposits  of  non-financial  corporations
 amounted to 16,698 billion leva (19.9 per cent  of  GDP), up by
 4.4 per cent compared  to  the  same  month of 2014. Deposits
of financial  corporations decreased by 12.2 per cent annually
in August  2015 (16.4 per cent annual decline in July 2015),
reaching 2,973 billion leva (3.5 per cent of GDP) at the end  of
  the  month. 

Deposits  of  households  and  non-profit institutions serving
households (NPISHs)  totalled  40,923  billion leva (48.7 per
cent  of  GDP) at  the  end  of  August  2015,  increasing  by 5
 per cent from the like period of 2014.

At the end of August 2015, loans to the non-governmental sector
amounted to 50,167 billion leva (59.7 per cent of GDP), while
they totalled 50,187 billion leva in July 2015 (59.8 per cent of
 GDP).  Loans to non-financial corporations decreased by 14.5
per cent annually to 30,661 billion leva (36.5 per cent  of 
GDP) at the end of August. 

Loans  to  households  and  NPISHs  totalled 18.304  billion
leva (21.8 per cent  of  GDP), down by 1.5 per cent compared to
August 2014. Loans  for  house  purchases  were 8,682  billion
leva and  decreased  by 1.8 per cent annually. Consumer loans 
amounted to 7,362 billion leva, up by 0.1 per cent from August
2014. On an annual basis  other loans decreased by  10.5 per
cent to 737.2 million leva.

Loans granted to financial corporations totalled 1,201 billion
leva (1.4 per cent of GDP), down by 4.2 per cent compared to
August 2014.