The loans and advances extended by Bulgarian banks came to 52.49 bln leva as at the end of the first half of the year. A total of 22.08 bln leva of the loans are denominated in local currency, while 28.43 bln leva of the loans are euro-denominated. Loans for a total of 1.98 bln leva are extended in other currencies.

Corporate clients whose loans amount to 29.27 bln leva account for the biggest share of the borrowers, followed by retail loans, which stand at 15.45 bln leva (8.3 bln leva consumer loans and 7.15 bln leva mortgage loans) and credit institutions with 6.84 bln leva.

More than 58% of the funding was extended by five banks. These are: UniCredit Bulbank, DSK Bank, UBB, Raiffeisenbank and Eurobank EFG.

Piraeus Bank and First Investment Bank have each extended loans for over 3 bln leva, while SG Expressbank, Alpha Bank, EIBank, KTB, Allizna Bank Bulgaria, CCB and Unionbank have extended loans for over 1 bln leva each.

The total value of the assets in the banking system stood at 65.745 bln leva as at the end of June 2008, which represents an increase of 11% compared to March, as well as 39.24-percent year on year increase.

The combined profit of the banks stood at 728.5 mln leva in the first half of the year, up by 238.19 mln leva (48.57%), compared to the year-ago period.

BankLoans ('000 leva)UniCredit Bulbank8 132 448,00DSK bank7 049 340,00UBB6 207 711,00Raiffeisenbank5 173 265,00Eurobank EFG4 037 512,00Piraeus Bank3 592 788,00FIBank3 108 617,00SG Expressbank1 735 242,00Alpha Bank1 643 670,00Eibank1 496 650,00KTB1 279 902,00Allianz Bank Bulgaria1 233 938,00CCB1 108 410,00MKB Unionbank1 072 658,00ProCredit Bank866 060,00BACB728 979,00BNP Paribas654 151,00Investbank639 884,00Municipal Bank 635 904,00Citibank381 159,00International Asset Bank378 562,00Emporiki Bank 252 830,00ING Bank 239 071,00Tokuda Bank 224 834,00West East Bank 193 562,00Encouragement Bank 193 162,00D Bank160 510,00Texim Bank 38 976,00TG Ziraat Bankasi32 329,00Total52 492 124,00

Data: BNB

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