Fitch Ratings Confirms the Stability of ProCredit Bank Bulgaria

The international credit rating agency Fitch Ratings has affirmed the long-term credit rating of ProCredit Bank Bulgaria at “BBB-” with a Stable Outlook, both in foreign and local currency. This recognition highlights the bank’s effective risk management and ability to maintain a high quality of assets.

As of the end of 2024, the share of impaired loans in the bank’s portfolio stood at just 1.1%—significantly below the average for the Bulgarian banking sector, which is 3.7%.

Fitch also affirmed the bank’s Viability Rating at “bb,” emphasising its stable position in a dynamic financial environment.
The agency noted its expectation that the bank’s asset quality indicators will remain among the strongest in the sector.

For more information, see the published report: https://www.fitchratings.com/research/banks/fitch-affirms-procredit-bulgaria-at-bbb-outlook-stable-29-05-2025