List of banks in Bulgaria
Typically for Eastern European countries, Bulgarian banking sector is characterized by relatively small size, small number of banks with wide business focus, high degree of concentration and high share of foreign capital.
The most commonly used ratio to measure the size of a banking sector, namely the ratio of consolidated banking assets to gross domestic product, for Bulgaria shows that its banking sector is roughly the same size as its national economy (the ratio is 107.09%). Most of the banks operating in Bulgaria are universal banks providing products and services in retail and corporate banking. Although there are no pure direct banks in Bulgaria, several banks offer their products via the Internet.
Bulgaria is also part of the Single Euro Payments Area (SEPA).
The following is a list of banks in Bulgaria.
Central bank[]
Development banks[]
Commercial banks[]
Аll amounts are in BGN thousand.
Rank
(2021) |
Name | SWIFT (BIC) | Assets June 2020[1] | Assets Sept 2020[2] | Assets Dec 2020[3] | Assets Mar 2021 | Assets Jun 2021 | Assets Sep 2021[4] | Shareholders - over 10% (Jun 2021) |
---|---|---|---|---|---|---|---|---|---|
1. | UniCredit Bulbank | UNCRBGSF | 21 877 486 | 23 099 082 | 24 107 528 | 24 820 810 | 24 497 767 | 25 020 631 | UNICREDIT S.P.A., Republic of Italy – 99.45% |
2. | DSK Bank | STSABGSF | 21 948 681 | 22 330 990 | 22 808 868 | 23 265 250 | 23 534 802 | 24 031 832 | OTP Bank RT, Hungary – 99.91% |
3. | United Bulgarian Bank | UBBSBGSF | 11 646 597 | 11 655 267 | 12 797 159 | 13 068 886 | 13 590 977 | 14 148 668 | KBC BANK N.V., Kingdom of Belgium – 99,92% |
4. | Eurobank Bulgaria (Postbank) | BPBIBGSF | 10 974 934 | 11 416 236 | 12 103 849 | 12 545 602 | 13 078 264 | 13 939 300 | Eurobank Ergasias S.A., Greece – 56,14%
ERB New Europe Holding B.V., Kingdom of the Netherlands – 43,85% |
5. | First Investment Bank (Fibank) | FINVBGSF | 9 998 352 | 10 476 617 | 10 782 868 | 11 036 780 | 10 827 722 | 11 169 935 | Tzeko Todorov Minev, Republic of Bulgaria – 27.33%
Ivaylo Dimitrov Mutafchiev, Republic of Bulgaria – 27.33% Bulgarian Development Bank, Republic of Bulgaria - 18.35% |
6. | Raiffeisenbank, Bulgaria | RZBBBGSF | 9 369 139 | 9 713 798 | 9 625 566 | 9 788 970 | 9 995 619 | 10 523 001 | Raiffeisen Bank International AG (Raiffeisen SEE Region Holding GmbH), Republic of Austria – 100% |
7. | Central Cooperative Bank | CECBBGSF | 6 254 882 | 6 303 005 | 6 641 168 | 6 868 790 | 6 859 569 | 7 117 326 | CCB Group EAD, Republic of Bulgaria – 61.05% |
8. | Allianz Bank Bulgaria | BUINBGSF | 3 054 222 | 3 094 519 | 3 285 384 | 3 140 883 | 3 382 094 | 3 881 860 | Allianz Bulgaria Holding JSC, Republic of Bulgaria – 99.89% |
9. | Bulgarian Development Bank | NASBBGSF | 3 511 067 | 3 649 742 | 4 006 854 | 3 979 335 | 3 809 332 | 3 528 440 | Ministry of the Economy, Republic of Bulgaria – 100% |
10. | ProCredit Bank, Bulgaria | PRCBBGSF | 2 573 932 | 2 828 832 | 2 920 323 | 3 046 966 | 2 934 451 | 2 992 086 | ProCredit Holding AG, Federal Republic of Germany – 100% |
11. | Investbank | IORTBGSF | 1 969 892 | 2 044 345 | 2 200 670 | 2 320 906 | 2 477 588 | 2 479 379 | Festa Holding JSC, Republic of Bulgaria – 52.77%
Adil Said Ahmed Al Shanfari, Sultanate of Oman – 28.04% Petia Ivanova Barakova-Slavova, Republic of Bulgaria – 10.55% |
12. | Municipal Bank PLC | SOMBBGSF | 2 044 862 | 1 969 063 | 2 058 213 | 2 211 545 | 2 269 538 | 2 117 766 | NOVITO OPPORTUNITIES FUND AGMVK, Principality of Liechtenstein – 95.50% |
13. | Bulgarian-American Credit Bank | BGUSBGSF | 1 673 940 | 1 757 269 | 1 869 029 | 1 951 321 | 1 989 959 | 2 093 664 | CSIF JSC, Republic of Bulgaria – 45.67%
LTBI HOLDINGS LLC, USA – 33.43% |
14. | International Asset Bank | IABGBGSF | 1 607 119 | 1 610 860 | 1 780 961 | 1 789 386 | 1 800 247 | 1 854 515 | Dynatrade International Ltd, Republic of Bulgaria – 33% |
15. | Citibank Europe, Bulgaria Branch | CITIBGSF | 1 168 667 | 1 424 295 | 1 174 623 | 1 238 197 | 1 033 663 | 1 329 438 | Citibank Europe Plc., Republic of Ireland – 100% |
16. | TBI Bank | TBIBBGSF | 944 933 | 996 878 | 1 027 862 | 1 139 102 | 1 137 963 | 1 249 413 | TBIF Financial Services B.V., Kingdom of the Netherlands – 100% |
17. | ING Bank N.V., Sofia Branch | INGBBGSF | 1 060 141 | 1 134 864 | 989 154 | 1 192 223 | 1 311 169 | 1 235 095 | ING Bank N.V., Kingdom of the Netherlands – 100% |
18. | D Commerce Bank | DEMIBGSF | 1 068 569 | 1 060 053 | 1 160 962 | 1 209 492 | 1 165 352 | 1 213 889 | Fuat Güven (Fuat Hyusniev Osmanov), Republic of Bulgaria – 55.52%
FORTERA EAD, Republic of Bulgaria – 44.48% |
19. | BNP Paribas Personal Finance S.A. - Bulgaria Branch | BNPABGSX | 713 078 | 688 428 | 689 877 | 697 062 | 700 447 | 742 078 | BNP Paribas Personal Finance S.A., Republic of France – 100% |
20. | BNP Paribas S.A. – Sofia Branch | BNPABGSX | 892 929 | 932 324 | 901 799 | 927 302 | 878 102 | 702 697 | BNP Paribas S.A., Republic of France – 100% |
21. | Texim Bank | TEXIBGSF | 380 063 | 446 782 | 462 623 | 467 827 | 495 858 | 509 803 | Web Finance Holding AD, Republic of Bulgaria – 18.88% |
22. | Tokuda Bank | CREXBGSF | 380 734 | 381 757 | 396 799 | 408 389 | 416 395 | 426 705 | Tokushukai Incorporated, Japan – 99.94% |
23. | T.C. Ziraat Bank, Sofia Branch | TCZBBGSF | 161 878 | 206 355 | 210 021 | 246 987 | 253 185 | 261 417 | T.C. Ziraat Bank, Ankara, Republic of Turkey – 100% |
24. | Varengold Bank AG, Sofia Branch | VGAGBGSF | 145 | 129 | 156 | 33 963 | 81 041 | Varengold Bank AG, Federal Republic of Germany – 100% | |
25. | Bigbank AS, Bulgaria Branch | 979 | 1 240 | Bigbank AS, Estonia – 100% |
References[]
- ^ "Банките в България - Юни 2020" (PDF).
- ^ "Банките в България - Юли - септември 2020 г." (PDF).
{{cite web}}
: CS1 maint: url-status (link) - ^ "Banks in Bulgaria - Oct - Dec 2020" (PDF).
{{cite web}}
: CS1 maint: url-status (link) - ^ "Банките в България - Юли – септември 2021" (PDF).
- Lists of banks by country
- Banks of Bulgaria
- Lists of companies of Bulgaria
- Lists of banks in Europe