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
(2019) |
Name | SWIFT (BIC) | Assets Sept 2018[1] | Assests Dec 2018[2] | Assets Mar 2019[3] | Assets June 2019[4] | Assets Sept 2019[5] | Assests Dec 2019[6] | Shareholders - over 10% (2019) |
---|---|---|---|---|---|---|---|---|---|
1. | UniCredit Bulbank | UNCRBGSF | 19 150 098 | 19 413 598 | 20 144 382 | 19 581 814 | 20 475 437 | 21 639 060 | UNICREDIT S.P.A., ![]() |
2. | DSK Bank | STSABGSF | 12 864 724 | 14 451 306 | 15 110 409 | 15 429 850 | 15 922 173 | 15 902 565 | OTP Bank RT, ![]() |
3. | United Bulgarian Bank | UBBSBGSF | 10 893 800 | 11 270 401 | 11 585 978 | 11 674 452 | 11 642 586 | 12 172 265 | KBC BANK N.V., Kingdom of Belgium – ![]() |
4. | Eurobank Bulgaria (Postbank) | BPBIBGSF | 8 158 975 | 8 207 481 | 8 525 838 | 8 838 135 | 9 217 319 | 11 183 700 | Eurobank Ergasias S.A., ![]() ERB New Europe Holding B.V., |
5. | First Investment Bank (Fibank) | FINVBGSF | 9 233 602 | 9 237 837 | 9 321 556 | 9 538 493 | 9 626 378 | 10 200 031 | Tzeko Todorov Minev, ![]() Ivaylo Dimitrov Mutafchiev, |
6. | Raiffeisenbank, Bulgaria | RZBBBGSF | 7 496 869 | 7 777 436 | 7 907 414 | 8 030 170 | 8 518 101 | 8 817 765 | Raiffeisen Bank International AG (Raiffeisen SEE Region Holding GmbH), ![]() |
7. | Central Cooperative Bank | CECBBGSF | 5 593 443 | 5 617 235 | 5 726 863 | 5 722 713 | 5 866 767 | 6 105 407 | CCB Group EAD, ![]() |
8. | Bulgarian Development Bank | NASBBGSF | 2 844 543 | 3 023 793 | 2 895 760 | 2 844 206 | 2 721 577 | 3 173 535 | Ministry of the Economy, ![]() |
9. | Allianz Bank Bulgaria | BUINBGSF | 2 702 454 | 2 755 280 | 2 797 627 | 2 860 997 | 2 932 443 | 2 884 167 | Allianz Bulgaria Holding JSC, ![]() |
10. | ProCredit Bank, Bulgaria | PRCBBGSF | 2 079 670 | 2 164 437 | 2 211 390 | 2 217 226 | 2 364 795 | 2 498 527 | ProCredit Holding AG, ![]() |
11. | Municipal Bank PLC | SOMBBGSF | 1 958 996 | 1 892 839 | 2 043 980 | 2 168 014 | 2 013 673 | 2 045 623 | NOVITO OPPORTUNITIES FUND AGMVK, ![]() |
12. | Investbank | IORTBGSF | 2 204 192 | 2 122 039 | 2 022 815 | 1 982 976 | 1 929 475 | 1 898 475 | Festa Holding JSC, ![]() Adil Said Ahmed Al Shanfari, Sultanate of Petia Ivanova Barakova-Slavova, |
13. | Bulgarian-American Credit Bank | BGUSBGSF | 1 344 073 | 1 420 311 | 1 438 726 | 1 460 594 | 1 543 933 | 1 670 726 | CSIF JSC, ![]() LTBI HOLDINGS LLC, |
14. | International Asset Bank | IABGBGSF | 1 404 046 | 1 438 893 | 1 502 662 | 1 504 520 | 1 550 024 | 1 547 567 | Dynatrade International Ltd, ![]() |
15. | D Commerce Bank | DEMIBGSF | 793 289 | 831 948 | 860 018 | 899 520 | 991 519 | 1 017 535 | Fuat Güven (Fuat Hyusniev Osmanov), ![]() FORTERA EAD, |
16. | Citibank Europe, Bulgaria Branch | CITIBGSF | 785 883 | 799 868 | 890 435 | 838 387 | 962 654 | 996 329 | Citibank Europe Plc., ![]() |
17. | ING Bank N.V., Sofia Branch | INGBBGSF | 818 093 | 742 981 | 873 935 | 895 923 | 932 425 | 922 679 | ING Bank N.V., ![]() |
18. | TBI Bank | TBIBBGSF | 773 038 | 740 237 | 774 413 | 808 141 | 831 308 | 871 843 | TBIF Financial Services B.V., ![]() |
19. | BNP Paribas S.A. – Sofia Branch | BNPABGSX | 878 107 | 795 566 | 862 777 | 766 306 | 807 084 | 816 604 | BNP Paribas S.A., ![]() |
20. | BNP Paribas Personal Finance S.A. - Bulgaria Branch | BNPABGSX | 632 242 | 662 378 | 680 658 | 727 782 | BNP Paribas Personal Finance S.A., ![]() | ||
21. | Tokuda Bank | CREXBGSF | 398 103 | 402 569 | 395 117 | 392 152 | 383 904 | 392 941 | Tokushukai Incorporated, ![]() |
22. | Texim Bank | TEXIBGSF | 269 420 | 301 649 | 316 614 | 333 764 | 344 580 | 363 236 | Web Finance Holding AD, ![]() |
23. | T.C. Ziraat Bank, Sofia Branch | TCZBBGSF | 124 270 | 116 610 | 110 543 | 146 295 | 125 138 | 145 853 | T.C. Ziraat Bank, Ankara, ![]() |