Sat, Feb 11 2012

Bulgarian banks top by asset growth in CEE

Thu, Oct 29 2009 10:36 CET

byDnevnik.bg

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Bulgarian banks top by asset growth in CEE

Photo: Юлия Лазарова

Banks in Bulgaria, Hungary and Slovakia achieved the fastest growth in assets among their peers in Central and Eastern Europe in 2009, according to a survey by global research outfit Research and Markets.

Banking assets in each of the three markets have surged by at least 16 per cent year-on-year.

Polish banks enjoyed the heftiest assets of 250 billion euro, accounting for 25 per cent of the region’s total banking assets.

According to Bulgarian National Bank, the combined assets of Bulgarian banks amounted to almost 70 billion leva in 2008, up from slightly more than 59 billion leva in 2007. They have seen a marginal decline since January 2009, falling just more than one per cent to 69.1 billion leva at the end of August.
 
Source: Dnevnik.bg

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