Bulgarian banking system and the housing finance market.
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Bulgarian banking system and the housing finance market.

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Published by Office of Housing and UrbanPrograms in Washington, D.C .
Written in English


Book details:

Edition Notes

SeriesWorking paper / United States. Office of Housing and Urban Programs
ContributionsUnited States. Office of Housing and Urban Development.
ID Numbers
Open LibraryOL20845001M

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the Bulgarian banking system is characterised by a higher impairment coverage ratio of gross non-performing loans and advances (with the impairment inherent to this category) 3 compared to the average coverage ratio in EU countries. Individual banks in the Bulgarian banking sector reported both a higher share of non-performing loans. Bulgarian banking system is characterized by relatively high concentration: competition between the major banks is making it difficult for other banks to compete. Another feature of the Bulgarian banking system is a prominent share of foreign capital. Major Banks. UniCredit Bulbank AD. Bulgarian Banking Sector, April 5 Banking capital is withstanding the bad loans Chart 5: Capital Adequacy Source: Bulgarian National Bank Capital adequacy remainswithin stable limits The capital adequacy of the banking system remains within stable limits, as there is even an increase in Tier onecapitaladequacy ratiodue to a rise in a. At the end of , there were 25 banks operating in Bulgaria, five of which were foreign bank branches. The top five banks held approximately % of all assets in the banking system. At the end of the market share of domestic banks was 22% and the share of EU subsidiaries was %.

The Bulgarian Property Market during the Socialism At that time building and construction, property prices, housing finance and rentals were all state-controlled. The property rights were arranged through a special Law for Ownership of the Citizens. According to this law, the members of a family or a single person could possess only 1. Financial System Development. Financial System , 86th out of countries. According to World Economic Forum's Global Competitiveness Report , financial market development in Bulgaria is scored out of maximum and ranked 73rd out of Bulgarian National Bank. Bulgarian National Bank. Banking Sector Structure. Number of. In the problems of the country’s transition culminated in one of the most severe banking and currency crises in Eastern Europe – the Bulgarian financial crisis of The main objectives of this paper are to outline the structural vulnerabilities that led . Home; Personal Banking. Savings Accounts; Current Accounts; Personal Credit Facilities; Business Banking. Business Bank Accounts; Business Credit Facilities.

OVERVIEW OF THE BULGARIAN CAPITAL MARKET. securities in book-entry form. Controlled by the FSC, The Bulgarian National Bank (BNB) and the Ministry of Finance, The Central Depository organizes and maintains the systems for: and the loss of trust in the banking system;. As of the end of the total assets of the banking system rose to 8 billion and they w2% of GDP; In the banking sector recorded net profit of 1,17 BGN billion; The credit growth, the better quality of the credit portfolio, the lower. The return of the Bulgarian banking system to the market economy principles and of the BNB to the independent central bank principles became possible only in when two basic laws came into effect – the Commerce Law, which brought back the legal foundations of commercial banking, and the new Law on the BNB, which restored the Bank's. Bulgarian Development Bank: NASBBGSF 2 2 2 3 3 3 Ministry of the Economy, Republic of Bulgaria – % 9. Allianz Bank Bulgaria BUINBGSF 2 2 2 2 2 3 Allianz Bulgaria Holding JSC, Republic of Bulgaria – % ProCredit Bank, Bulgaria PRCBBGSF.