Bulgaria’s Central Government Assets Rise by BGN 1.3 Billion

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Bulgaria’s Central Bank Releases Quarterly Data

SOFIA, January 25 - According to the Bulgarian National Bank (BNB), the central government’s assets in Bulgaria have increased by BGN 1.3 billion (8.1%) to BGN 17.2 billion over the review period.

Liquidity Buffer Structure Improves

• The total share of the three most liquid items - coins and banknotes, reserves in the central bank with an option for withdrawal, and assets with the central bank - rose from 60.5% to 61.5%.
• The liquidity buffer structure has improved, with a decrease in the share of central government assets and an increase in reserves in the central bank with an option for withdrawal.

Key Indicators

• Net liquidity outflows increased by BGN 1.9 billion (10.8%) to BGN 19.6 billion.
• The loans-to-deposits ratio (LTD) decreased to 68.2% from 69.5%.
• The credit portfolio rose by 2.5%, while deposits excluding those from credit institutions increased by 4.5%.

Banking Sector Performance

• The aggregate net stable funding ratio (NSFR) was 162.4%, with all banks in Bulgaria adhering to the minimum regulatory requirement of 100%.
• Available stable funding reached BGN 119.5 billion, and required stable funding was BGN 73.6 billion.

Methodological Notes

• The BNB’s methodology for reporting liquidity indicators has been amended, and additional information can be found on its website.
• The bank may adjust already published data where necessary to reflect changes in methodological guidelines or errors in provided data.