At the end of the first quarter of 2025, amidst an uncertain geopolitical environment and increasing global trade tensions, Bulgarian-American Credit Bank demonstrated good adaptability to market conditions and maintained its growth momentum.

The bank's assets grew by 5.11% year-on-year, reaching BGN 3,027,890 thousand. The bank's credit portfolio registered an impressive growth of 20.31% at the end of March, compared to the same period in 2024, against a 12.87% growth for the banking system. This growth is attributed to increased lending activity and attractive products for new clients, which have helped the bank expand its customer base. BACB successfully manages and expands its credit portfolio, marking the highest growth during the period in consumer lending.

Consumer loans increased by 23.50%, compared to a 16.13% rise for the banking market, versus the first quarter of 2024. The number of applications submitted through digital service channels also grew. The mortgage loan portfolio grew by 18.12%, compared to 25.62% for the sector, compared to March 2024. The increase in lending in this segment is due to the bank's favourable terms and flexible financing schemes, while taking into account credit risk.

BACB showed an 11.26% growth in corporate lending at the end of March 2025, compared to the same period in 2024, with the banking sector recording a 9.10% increase. The realised growth is driven by BACB's strategy for effective risk diversification and support for sustainable economic development in Bulgaria.

Thanks to its active client base and the attraction of new customers, BACB achieved a 15.28% increase in net fee income during the first quarter of 2025, against a market growth of 12.45% for the same period. The low-interest environment, competition among banks, and significantly tightened interest rate margins contributed to the decline in net interest income. BACB demonstrates financial stability and security in terms of liquidity and capital. The bank's capital position maintains its positive dynamics, recording a growth of 15.40% compared to the first quarter of 2024. At the end of March, the CET1 on an individual basis reached BGN 322.202 million. This is a sustainable trend in recent years, supporting the bank's continued development and the achievement of its strategic goals.

The full financial statements of the Bulgarian-American Credit Bank, along with the bank's full management report, are available on the corporate website in the "Investor Relations" section.

BGN '000	Q1'24	Q1'25	delta %
Interest income	31 062	27 190	-12.47%
Ineterest expence	-3 780	-5 253	38.97%
Net interest income	27 282	21 937	-19.59%
Net interest income	3 260	3 758	15.28%
Net profit	16 332	12 235	-25.09%
Loans (net)	1 641 514	1 974 932	20.31%
Deposits	2 266 545	2 303 986	1.65%
Total borrowed funds	2 471 008	2 559 024	3.56%
Total assets	2 880 758	3 027 890	5.11%
CET1	279 215	322 202	15.40%