Corporate loans reached 19.0 USD bil in 2017 in Bulgaria, according to the National Central Bank. This is 15.6 % more than in the previous year.
Historically, corporate loans in Bulgaria reached an all time high of 24.7 USD bil in 2013 and an all time low of 0.803 USD bil in 1997. When compared to Bulgaria's main peers, corporate loans in Greece amounted to 98.3 USD bil, 10.3 USD bil in Serbia and 393 USD bil in Turkey in 2017.
Bulgaria has been ranked 30th within the group of 75 countries we follow in terms of corporate loans, 8 places above the position seen 10 years ago.
Corporate loans are loans made to businesses for a specific business purpose.