Bad loans jumped by more than half a billion

Expectations that the crisis will lead to a significant increase in problem loans, already starting to come true. Bad loans to individuals and companies have increased by 512 millionleva for one months – in June, shows monetary statistics of the BNB. This is their biggest increase since the beginning of the year, although still the level of these loans remains relatively low – 4-5%, and does not violate the stability of the banking system.

To be considered bad loans, on which notice is over 90 days. In June increase their amount is 512 million euro by euro 295 million of them are business loans, 106 million euro – residential loans and 86 million euro – consumer.

From January to May the increase was on average about 200 million per month.

Problem loans to businesses were 4.13% of all loans granted to companies to June 30, show more data of the BNB. Bad consumer loans were 7.57 percent, and housing – 4.79%.

„These levels of bad loans are normal, given that the country’s economy is in crisis,“ commented before Sega podupravitelyat BNB Rumen Simeonov. Chief „Postbank“ Assen Yagodina also explained that he sees nothing to worry about the system. In neighboring countries, the proportion of bad loans is 3-4% higher. We are still very far from the two-digit values of this share to the level they consider to be dangerous, „added Jagodina.

In the middle of m.g. level of bad loans was much lower. For example, only 1.76 percent of loans the company had problems with their return, this percentage in the money represented EUR 488 million at the end of June they are 1.25 billion BGN This makes bad loans increased business by 158% and during the same time given loans to companies have only 10% growth.

„BNB data are evidence that the crisis is deeper, that to be difficult months. Exercise for now not visible,“ said the chief of the consulting company KreditTsentar „Tihomir Toshev.

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