Bigbank AS Posts Record Loan and Deposit Growth in July 2026
Event summary
- Loan portfolio grew by €112 million in July, driven by business loans (+€86M), home loans (+€17M), and consumer loans (+€9M).
- Deposit portfolio surged by €230 million, with savings deposits accounting for €207 million of the growth.
- Net interest income increased by 18% year-over-year due to loan portfolio expansion and rising Euribor rates.
- Credit quality remained strong, with non-performing loans decreasing from 3.9% to 3.8% of total loan receivables.
- Net profit for July was €3.6 million, but year-to-date net profit declined by 5% compared to 2025.
The big picture
Bigbank AS's record growth in loans and deposits reflects broader trends of increasing demand for business and consumer financing. The bank's ability to expand its portfolio while maintaining strong credit quality positions it favorably in a competitive market. However, rising operational costs and the need to sustain profitability amid fluctuating interest rates present strategic challenges.
What we're watching
- Sustainable Growth
- Whether Bigbank can maintain its rapid loan and deposit growth without compromising credit quality.
- Cost Management
- The impact of rising personnel and administrative expenses on future profitability.
- Market Dynamics
- How changes in Euribor rates will affect net interest income in the coming months.
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