Raiffeisenbank (Bulgaria) AD was established in June 1994 under the Bulgarian Law for Banking and Credit Activities and has a full banking license for domestic and international banking activities. It started operations on January 3, 1995 and is the first wholly owned subsidiary of a Western bank to commence operations in Bulgaria. Raiffeisen Zentralbank Oesterreich AG (RZB-Austria), Vienna:
Bulgarian National Bank
MISSION The Bulgarian National Bank, which was found in 1879, is the Central Bank of the Republic of Bulgaria. Its primary objective is to maintain price stability through ensuring the stability of the national currency and conducting monetary policy adequate to that purpose. The Bank assists in establishing and functioning of efficient payment systems and oversees them. The BNB has the exclusive right to issue banknotes and coins in the country. The BNB acts as the fiscal agent and depository of the State by virtue of concluded contracts at market conditions and prices of services. The Bulgarian National Bank regulates and supervises other banks’ activities in the country for the purpose of ensuring the stability of the banking system and protecting depositors’ interests.
Alpha Bank opened its first office in Sofia in 1995. At the end of Year 2006 are opened 45 offices and the trend is for increasing the number up to 80 at the end of 2007 and up to 110 at the end of 2008.
Central Cooperative Bank
On March 28th, 1991, Central Cooperative Bank was registered as a limited liability company by Resolution of the Sofia City Court. Initially the BNB Managing Board issued CCB a license for banking activity in Bulgaria only. The Bank's Founders ?re the Central Cooperative Union, regional cooperative unions and more than 1100 cooperative organisations. At the offset, the Bank's key mission was to bring together the financial resources of Bulgaria's cooperative network and to assist towards its development.
Citibank Bulgaria offers on-the spot advice and assistance to multinational subsidiaries, local companies and international investors who require the products and services of an international bank.
EIBANK is a universal commercial bank, its subject of activity being: public attraction of deposits and utilization of the funds attracted to provide loans and for investments on its own account and at its own risk. EIBANK issued the first public issue of mortgage-backed securities, whose offer prospectus was endorsed by Resolution No. 322 - ? of the State securities Commission dated October 18, 2001. The bonds from the issue were registered to be traded on Bulgarian Stock Exchange - Sofia JSC.
First Investment Bank
First Investment Bank was founded in 1993 under the Bulgarian Law for Banks with a full banking license for domestic and international operations. In 2001, FIBank launched the first "Virtual Bank Branch" in Bulgaria. It has been very successful, attracting over 2,000 regular clients. The Internet site of the Branch has been visited by persons and companies in some 40 countries. In 2002, transactions carried out through FIBank's Virtual Branch amounted to over BGN 155 million
The bank has been granted a full banking license issued by the Central Bank (BNB).It develops as a universal commer- cial bank orie ntated at serving a wide range of clients-from corporates to individuals. Hebrosbank has been appointed as a primary dealer participating in the government securities auctions organized by the BNB and has been entered as an investment broker in the Register of the Committee for Securities and Stock Exchanges. This extends its opportunities for dealing with securities.
Postbank is a leading universal Bulgarian Bank. Throughout the broad network of 29 branches and 89 offices and presence in 2300 post offices we provide best quality services to our clients:
SG Express Bank
products, and to provide impeccable service. At the same time high targets for profitability, efficiency, and growth are set. SG Expressbank acknowledges its important responsibility to shareholders to generate a good return on equity, while keeping a conservative attitude towards risk. To foster development SG Expressbank pursues modern banking practices, notably by implementing new technologies and instituting staff training programs.
Private Entrepreneurial Bank TEXIM (Teximbank), the oldest operating Bulgarian private bank, was launched on September 2, 1992 as a successor to the Marine Trade Bank. An entirely private bank servicing small and medium businesses, financially and politically independent, TEXIMBANK has performed as a reliable and stable financial institution in the years following its foundation, despite the complex macroeconomic situation in Bulgaria
In the annual ranking for The Bank of the Year 2000, announced by the national business daily, “PARI Daily”, Unionbank takes first position in IV Group of banks as the best performing and with the highest quality indicators Bulgarian financial institution.
UniCredit Bulbank is the largest bank of Bulgaria. Before 1994, the bank was known as the Bulgarian Foreign Trade Bank or BFTB. UniCredit Bulbank was formed in 2007 as a merger between Bulbank, Biochim, and Hebros Bank, all of them owned by the UniCredit Group.
DSK Bank— State Savings Bank) is a major Bulgarian bank. It has been owned by the Hungarian OTP Bank since 2003, being transformed into a joint-stock company in 1999, and was founded in 1951 as the country's savings bank.
HVB Bank Biochim
HVB Bank Biochim, founded in 1986, was merged into UniCredit Bulbank in 2007.HVB Bank Biochim, member of UniCredit Group, is a leading bank in Bulgaria with total assets of BGN 2.7 billion (about EUR 1.4 billion) as of the end of the second quarter of 2006. HVB Bank Biochim is a subsidiary of Bank Austria Creditanstalt (BA-CA), a member of UniCredit Group. BA-CA is Austria’s largest bank with shareholders’ equity of more than 7 billion euros