Investor Presentaiton
Stable and well capitalised banking system
·
The
total assets of the banking system in Bulgaria by 31 December 2022 amounted to EUR 79.5 billion, a 14.8% increase
year-on-year. At 30 June 2023, the total assets of the banking system amounted to EUR 82.4 billion.
"
As of 30 June 2023 the liquidity coverage ratio (LCR) and the net stable funding ratio (NSFR) were well above the required minimum of 100%,
standing at 226.1% and 152.5%, respectively.
The capital position of the banking sector remained strong. The level of capital exceeding the regulatory requirements and all the applicable buffers was
EUR 1.72 billion at 30 June 2023, above the 31 December 2022 level.
Banks are required to maintain a set of buffers - a capital conservation buffer (CCOB) at 2.5% of total risk exposures, a systemic risk buffer (SyRB) at
3% of domestic risk exposures and a counter cyclical capital buffer (CCYB) at 2% as of 1 October 2023 (up from 1.5% as of 1 January 2023 ), as well as
a capital buffer for 7 systemically important institutions (OSII) in the range of 0.5% to 1%, cumulative to all other buffers.
As of Q2 2023, the capital adequacy ratio and the common equity tier 1 ratio (CET 1) of the Bulgarian banking sector were 21.4% and 19.8%,
respectively.
Capital Adequacy Ratios (%)
Banking Sector Liquid Assets Ratios (%)
Source: BNB
40
400
22.0
22.0
20.6
20.2
19.3
19.7
35
350
30.6
344.7
29.2
29.6
29.2
28.1
30
27.0
26.4
300
22.7
22.6
20.4
20.4
21.0
21.4
25
293.9
278.9
269.9
274.0
250
2018
2019
Capital Adequacy
2020
2021
2022
Tier 1 Capital Ratio
20
15
Q2 2023
10
2017
Source: BNB
2018
2019
235.0
226.1
200
150
2020
2021
2022
Q2 2023
Liquidity coverage ratio (rhs)
Liquid assets to total assets ratio (lhs)
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