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
(2020) |
Name | SWIFT (BIC) | Assets June 2019[1] | Assets Sept 2019[2] | Assests Dec 2019[3] | Assests Mar 2020[4] | Assets June 2020[5] | Assets Sept 2020[6] | Shareholders - over 10% (Sept 2020) |
---|---|---|---|---|---|---|---|---|---|
1. | UniCredit Bulbank | UNCRBGSF | 19 581 814 | 20 475 437 | 21 639 060 | 21 122 995 | 21 877 486 | 23 099 082 | UNICREDIT S.P.A., ![]() |
2. | DSK Bank | STSABGSF | 15 429 850 | 15 922 173 | 15 902 565 | 17 222 226 | 21 948 681 | 22 330 990 | OTP Bank RT, ![]() |
3. | United Bulgarian Bank | UBBSBGSF | 11 674 452 | 11 642 586 | 12 172 265 | 11 607 375 | 11 646 597 | 11 655 267 | KBC BANK N.V., Kingdom of Belgium – ![]() |
4. | Eurobank Bulgaria (Postbank) | BPBIBGSF | 8 838 135 | 9 217 319 | 11 183 700 | 10 940 968 | 10 974 934 | 11 416 236 | Eurobank Ergasias S.A., ![]() ERB New Europe Holding B.V., |
5. | First Investment Bank (Fibank) | FINVBGSF | 9 538 493 | 9 626 378 | 10 200 031 | 10 146 647 | 9 998 352 | 10 476 617 | Tzeko Todorov Minev, ![]() Ivaylo Dimitrov Mutafchiev, Bulgarian Development Bank, |
6. | Raiffeisenbank, Bulgaria | RZBBBGSF | 8 030 170 | 8 518 101 | 8 817 765 | 9 017 879 | 9 369 139 | 9 713 798 | Raiffeisen Bank International AG (Raiffeisen SEE Region Holding GmbH), ![]() |
7. | Central Cooperative Bank | CECBBGSF | 5 722 713 | 5 866 767 | 6 105 407 | 6 172 151 | 6 254 882 | 6 303 005 | CCB Group EAD, ![]() |
8. | Bulgarian Development Bank | NASBBGSF | 2 844 206 | 2 721 577 | 3 173 535 | 3 277 405 | 3 511 067 | 3 649 742 | Ministry of the Economy, ![]() |
9. | Allianz Bank Bulgaria | BUINBGSF | 2 860 997 | 2 932 443 | 2 884 167 | 2 880 415 | 3 054 222 | 3 094 519 | Allianz Bulgaria Holding JSC, ![]() |
10. | ProCredit Bank, Bulgaria | PRCBBGSF | 2 217 226 | 2 364 795 | 2 498 527 | 2 465 418 | 2 573 932 | 2 828 832 | ProCredit Holding AG, ![]() |
11. | Investbank | IORTBGSF | 1 982 976 | 1 929 475 | 1 898 475 | 1 912 400 | 1 969 892 | 2 044 345 | Festa Holding JSC, ![]() Adil Said Ahmed Al Shanfari, Sultanate of Petia Ivanova Barakova-Slavova, |
12. | Municipal Bank PLC | SOMBBGSF | 2 168 014 | 2 013 673 | 2 045 623 | 2 062 251 | 2 044 862 | 1 969 063 | NOVITO OPPORTUNITIES FUND AGMVK, ![]() |
13. | Bulgarian-American Credit Bank | BGUSBGSF | 1 460 594 | 1 543 933 | 1 670 726 | 1 603 802 | 1 673 940 | 1 757 269 | CSIF JSC, ![]() LTBI HOLDINGS LLC, |
14. | International Asset Bank | IABGBGSF | 1 504 520 | 1 550 024 | 1 547 567 | 1 563 719 | 1 607 119 | 1 610 860 | Dynatrade International Ltd, ![]() |
15. | Citibank Europe, Bulgaria Branch | CITIBGSF | 838 387 | 962 654 | 996 329 | 1 225 048 | 1 168 667 | 1 424 295 | Citibank Europe Plc., ![]() |
16. | ING Bank N.V., Sofia Branch | INGBBGSF | 895 923 | 932 425 | 922 679 | 1 103 924 | 1 060 141 | 1 134 864 | ING Bank N.V., ![]() |
17. | D Commerce Bank | DEMIBGSF | 899 520 | 991 519 | 1 017 535 | 1 060 949 | 1 068 569 | 1 060 053 | Fuat Güven (Fuat Hyusniev Osmanov), ![]() FORTERA EAD, |
18. | TBI Bank | TBIBBGSF | 808 141 | 831 308 | 871 843 | 912 478 | 944 933 | 996 878 | TBIF Financial Services B.V., ![]() |
19. | BNP Paribas S.A. – Sofia Branch | BNPABGSX | 766 306 | 807 084 | 816 604 | 956 631 | 892 929 | 932 324 | BNP Paribas S.A., ![]() |
20. | BNP Paribas Personal Finance S.A. - Bulgaria Branch | BNPABGSX | 662 378 | 680 658 | 727 782 | 748 041 | 713 078 | 688 428 | BNP Paribas Personal Finance S.A., ![]() |
21. | Texim Bank | TEXIBGSF | 333 764 | 344 580 | 363 236 | 372 919 | 380 063 | 446 782 | Web Finance Holding AD, ![]() |
22. | Tokuda Bank | CREXBGSF | 392 152 | 383 904 | 392 941 | 381 045 | 380 734 | 381 757 | Tokushukai Incorporated, ![]() |
23. | T.C. Ziraat Bank, Sofia Branch | TCZBBGSF | 146 295 | 125 138 | 145 853 | 152 190 | 161 878 | 206 355 | T.C. Ziraat Bank, Ankara, ![]() |
24. | Varengold Bank AG, Sofia Branch | VGAGBGSF | 145 | Varengold Bank AG, ![]() |