Българска народна банка

* The BNB Banking Supervision Department groups banks in view of outlining the dynamics of processes in the banking system. This grouping does not entail any rating element, and should not be interpreted as rating banks’ financial position. Assigning banks to groups is done based on the amount of their assets and is changed as of the end of each reporting period. The first group consists of the largest 5 banks, the second group comprises all the remaining banks, and the third group comprises the branches of foreign banks in Bulgaria.

** The data file includes also the template containing relevant references in order to inform the user about the reporting standards.

*** The information is based on Macro-Prudential form (MPF1). The file contains methodological notes.

**** To align Bulgarian legislation with the new EU regulatory framework on activity of credit institutions, created with the enactment of Directive 2013/36 EU and Regulation (EU) № 575/2013 of the European Parliament and of the Council of 26 June 2013, and with regard to the amendments and additions in the Law on credit institutions, published in State Gazette, issue 27 of 2014 the Governing Council of BNB amended and complemented ordinances in force to 1 January 2014, repealed ordinances in force to 1 January 2014 and adopted new ordinances.

The repealing of Ordinance N 8 of the BNB on capital adequacy of credit institutions and Ordinance N9 of the BNB on the Evaluation and Classification of Risk Exposures of Banks and the Allocation of Specific Provisions for Credit Risk imposed by the new EU regulatory framework has an impact on the scope, frequency and content of the disclosed data on the banking system and individual bank level.