| Key indicators for Bulgarian banks, June 30 1997 | ||||
| Expressbank | Post Bank | Hebrosbank | Biochim | |
Number of branches |
93 |
104 |
166 |
140 |
Assets ($ million) |
144 |
160 |
98 |
172 |
Loan portfolio ($ million) |
51 |
67 |
25 |
47 |
Equity capital ($ million) |
4.3 |
8.5 |
6.0 |
9.1 |
Present government stake (%) |
98.0 |
78.2 |
97.6 |
99.3 |
Capital adequacy (%) |
12 |
21 |
9 |
5 |
Deposits ($ million) |
123 |
135 |
78 |
141 |
Most recent annual profits ($) |
1,062,230 |
7,167,673 |
1,961 |
– |
This month Bulgaria starts drafting plans to privatize Bulbank. This is the biggest and best of the six state-owned banks which the pro-market Union of Democratic Forces government slated for privatization when it took power earlier this year. The first to be sold was United Bulgarian Bank in July.
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