Suzanne
04-08-06, 03:55 PM
Mortgage lending is another segment of Bulgaria's banking system where most of the business is in the hands of a dozen players, according to the latest data released by the Bulgarian National Bank (BNB).
The brawniest competitors control 92% of the 2.58 bln lev mortgage loan total.
Domestic mortgage lending rose by 1 bln levs or 70% in the past 12 months.
Although it has seen its market share narrowed from 34% a year ago to 28.8%, DSK Bank still tops the rankings ahead of United Bulgarian Bank and Bulbank.
Similarly, UBB and Biochim also lost ground versus mid-2005.
The top 3 owned 65% of the mortgage portfolio a year ago, a share that has dropped to 59%.
The biggest gainer is Piraeus Bank which breaks into the top 10 at the no.8 spot.
Bulbank, Postbank, Raiffeisenbank (Bulgaria) EAD, DZI and Allianz Bulgaria all posted a year-on-year increase in market share.
(Dnevnik)
The brawniest competitors control 92% of the 2.58 bln lev mortgage loan total.
Domestic mortgage lending rose by 1 bln levs or 70% in the past 12 months.
Although it has seen its market share narrowed from 34% a year ago to 28.8%, DSK Bank still tops the rankings ahead of United Bulgarian Bank and Bulbank.
Similarly, UBB and Biochim also lost ground versus mid-2005.
The top 3 owned 65% of the mortgage portfolio a year ago, a share that has dropped to 59%.
The biggest gainer is Piraeus Bank which breaks into the top 10 at the no.8 spot.
Bulbank, Postbank, Raiffeisenbank (Bulgaria) EAD, DZI and Allianz Bulgaria all posted a year-on-year increase in market share.
(Dnevnik)