Bulgaria's Biggest Banks

Bulgaria's top three banks in terms of assets are Unicredit Bulbank, DSK Bank and United Bulgarian Bank, according to statistics of the Bulgarian National Bank.
These three also make the highest profits, accounting for 54.58% of the total bank earnings.
According to unaudited data, the banking systems' 2007 profit totals 1.144 bln leva (584.9 million euros), or 336 million leva (41.6%) up from 2006.
Unicredit Bulbank tops the chart with assets in the amount of 9 billion leva (4.60 billion euros), or 15.38% of the total for the banking system. The lender's 2007 profit came to 253.7 million leva (129.7 million leva), or 22.2% of total earnings of Bulgarian banks.
DSK Bank and United Bulgarian Bank posted similar earning figures last year – around 185 million leva (94.58 million euros). DSK Bank's assets, though, exceed those of UBB by some 1.7 billion leva.
First Investment Bank is sixth, which makes it the highest ranking public creditor. With assets in the amount of 4.2 billion leva FIB is also the biggest Bulgarian-owned bank.
The average ROA of Bulgarian banks stands at 1.94%. BACB has the highest (7.41%), which is largely attributed to the specifics of the sector it operates in.
The only Bulgarian bank to end 2007 at a loss is Emporiki.
At the end of December 2007, assets of the banking system totaled 59.1 billion leva (30.2 billion euros).
Assets rose by 7.2 billion leva (13.8%) in Q4, adding 4.1 billion just in December. The y/y increase came to 16.9 billion leva (40%).
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