Foreign-owned banks in Bulgaria continue to get financing from their parent companies, data of the Bulgarian National Bank (BNB) for the month of February showed, as quoted by Dnevnik daily on April 2.

Most often, parent banks injected the money as deposits in their subsidiaries. In February, deposits from lenders grew by 543 million leva.

Banks' assets rose mainly due to the increase in deposits and repo-deals with credit institutions. The bulk of the resources came from the the parent companies of several big banks, BNB said.

Despite the poorer conditions on global financial markets and forecasts that parent banks would be more moderate in aiding its arms, they continue to provide substantial support, according to the central bank.

The other main source of funds is deposits from individuals. Individuals' contributions rose by two per cent on the year in February to 19.6 billion leva, which made their share in banks' total liquidity to 38.6 per cent.

Deposits of the corporate sector, on the other hand, were down by 241 million leva in February.