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Bulgaria’s banking system to register record-high profits in 2016

Photo: EPA/BGNES

The profit of Bulgaria’s banks amounted to over EUR 600 million by the end of November, the Bulgarian National Bank informs. The banks’ profit is EUR 180 million higher as compared to the same period (January-November) last year. According to estimates, the Bulgarian banks will register record-high profits in 2016. The number and the volume of bank deposits increased in November. The liquidity and capital adequacy of the Bulgarian banking system remain at a very high level, BNB further informs.




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