List of banks in Bulgaria

Head office of United Bulgarian Bank at Millennium Center, Sofia on 89B, Vitosha Blvd
Historic part of the head office of DSK Bank in Sofia on 19, Moskovska Street
Head office of UniCredit Bulbank in Sofia on 7, St. Nedelya Square

The following list of banks in Bulgaria is to be understood within the framework of the European single market and European banking union, which means that Bulgaria's banking system is more open to cross-border banking operations than peers outside of the EU.

Policy framework

European banking supervision, which Bulgaria joined in 2020 in anticipation of its euro adoption in early 2026, distinguishes between significant institutions (SIs) and less significant institutions (LSIs), with SI/LSI designations updated regularly by the European Central Bank (ECB). Significant institutions are directly supervised by the ECB using joint supervisory teams that involve the national competent authorities (NCAs) of individual participating countries. Less significant institutions are supervised by the relevant NCA on a day-to-day basis, under the supervisory oversight of the ECB.[1] In Bulgaria's case, the NCA is the Bulgarian National Bank.[2]

Significant institutions

As of 1 September 2025, the ECB had one Bulgarian bank in its list of significant institutions:[3]

Of the four largest banks in Bulgaria, the other three are subsidiaries of euro-area banking groups (see detailed list below):

Less significant institutions

As of 1 September 2025, the ECB's list of supervised institutions included 17 Bulgarian LSIs.[3]

High-impact LSIs

Of these, three were designated by the ECB as "high-impact" on the basis of several criteria including size:

Other LSIs

The 14 other Bulgarian LSIs were as follows:

  • Allianz Bulgaria Holding AD, subsidiary of Allianz
    • Allianz Bank Bulgaria AD, owned by Allianz Bulgaria Holding
  • Bulgarian-American Credit Bank AD (BACB)
    • Tokuda Bank AD, acquired by BACB from Tokushukai Group[4]
  • Central Cooperative Bank AD, controlled by Invest Capital
  • D Commerce Bank AD
  • International Asset Bank AD
  • Festa Holding AD, holding entity of Investbank
    • Investbank AD
  • Municipal Bank AD, owned by Liechtenstein-based Novito Opportunities Fund AGmvK
  • ProCredit Bank (Bulgaria) EAD, a subsidiary of ProCredit Holding
  • TBI Bank EAD, a subsidiary of Advent International[5]
  • Texim Bank AD

Third-country branches

As of 13 October 2025, one banking group established outside the European Economic Area had a branch in Bulgaria:[6]

Detailed information

Аll amounts are in EUR thousand.

Rank

(2026)

 Name SWIFT (BIC) Assets Mar 2025[7] Assets Jun 2025[8] Assets Sep 2025[9] Assets Dec 2025[10] Assets Mar 2026 Shareholders - over 10% (Mar 2026)
1. DSK Bank STSABGSF 19 088 626 19 346 212 20 155 395 21 980 343 23 492 940 OTP Bank RT, Hungary – 99.92%
2. United Bulgarian Bank UBBSBGSF 19 637 970 20 519 594 21 395 736 22 753 197 23 125 560 KBC BANK N.V., Kingdom of Belgium – 99.96%
3. UniCredit Bulbank UNCRBGSF 18 501 413 18 993 170 19 792 015 20 971 200 20 624 634 UNICREDIT S.P.A., Republic of Italy – 99.45%
4. Eurobank Bulgaria (Postbank) BPBIBGSF 12 072 011 12 440 646 12 736 309 13 786 241 13 973 390 Eurobank Ergasias S.A., Greece – 99.99%
5. First Investment Bank (Fibank) FINVBGSF 8 125 986 8 095 021 8 415 791 9 077 386 10 021 342 Ivaylo Dimitrov Mutafchiev, Republic of Bulgaria – 27.33%

Tzeko Todorov Minev, Republic of Bulgaria – 27.33%

Bulgarian Development Bank, Republic of Bulgaria - 18.35%

6. Central Cooperative Bank CECBBGSF 4 738 519 4 817 541 5 062 836 5 275 330 5 456 641 CCB Group EAD, Republic of Bulgaria – 61.05%
7. Bulgarian Development Bank NASBBGSF 1 629 780 1 620 762 1 644 429 3 513 732 3 408 529 Ministry of Finance, Republic of Bulgaria – 100%
8. ProCredit Bank, Bulgaria PRCBBGSF 2 368 811 2 467 144 2 554 936 2 656 516 2 680 093 ProCredit Holding AG, Federal Republic of Germany – 100%
9. Allianz Bank Bulgaria BUINBGSF 2 359 875 2 301 966 2 417 709 2 501 633 2 530 008 Allianz Bulgaria Holding JSC, Republic of Bulgaria – 99.9%
10. TBI Bank TBIBBGSF 1 863 195 1 940 247 2 062 793 2 195 037 2 286 946 BAGO (LUXEMBOURG) S.A.R.L., Grand Duchy of Luxembourg – 100%
11. Investbank IORTBGSF 1 852 677 1 934 756 1 945 738 2 016 341 1 980 361 Festa Holding JSC, Republic of Bulgaria – 83.8%

Petya Ivanova Barakova-Slavova, Republic of Bulgaria – 10.68%

12. International Asset Bank IABGBGSF 1 562 598 1 568 332 1 754 253 1 642 132 1 844 048 Dynatrade International Ltd, Republic of Bulgaria – 33%
13. Bulgarian-American Credit Bank BGUSBGSF 1 548 136 1 451 124 1 427 501 1 459 442 1 700 534 CSIF JSC, Republic of Bulgaria – 45.67%

LTBI HOLDINGS LLC, USA – 33.45%

14. Municipal Bank PLC SOMBBGSF 1 382 290 1 427 727 1 397 101 1 592 235 1 637 954 NOVITO OPPORTUNITIES FUND AGMVK, Principality of Liechtenstein – 96.51%
15. D Commerce Bank DEMIBGSF 1 150 902 1 121 162 1 179 889 1 090 104 1 227 035 Fuat Güven (Fuat Hyusniev Osmanov), Republic of Bulgaria – 55.52%

FORTERA EAD, Republic of Bulgaria – 44.48%

16. Citibank Europe, Bulgaria Branch CITIBGSF 1 155 429 1 136 935 1 101 916 1 066 825 989 083 Citibank Europe Plc., Republic of Ireland – 100%
17. ING Bank N.V., Sofia Branch INGBBGSF 679 132 678 907 861 370 788 698 959 704 ING Bank N.V., Kingdom of the Netherlands – 100%
18. Texim Bank TEXIBGSF 360 963 380 482 413 309 487 102 486 208 Web Finance Holding AD, Republic of Bulgaria – 16.64%
19. BNP Paribas S.A. – Sofia Branch BNPABGSX 300 753 323 966 399 924 508 472 356 113 BNP Paribas S.A., Republic of France – 100%
20. T.C. Ziraat Bank, Sofia Branch TCZBBGSF 244 421 274 242 296 514 316 255 318 307 T.C. Ziraat Bankasi A.Ş., Ankara, Republic of Turkey – 100%
21. Tokuda Bank CREXBGSF 262 982 261 612 257 106 260 499 257 526 Bulgarian-American Credit Bank AD, Republic of Bulgaria – 100%
22. Ascory Bank AG, Sofia Branch VGAGBGSF 95 664 95 948 98 801 100 304 102 712 Ascory Bank AG, Federal Republic of Germany – 100%
23. Bigbank AS, Bulgaria Branch BIGKBGSF 29 825 34 059 38 406 45 226 56 161 Bigbank AS, Estonia – 100%

Defunct banks

Girdap head office in Ruse, early 20th-century postcard
Bulgarian Agricultural Bank in Sofia, 1910 postcard

The first modern credit institution in what is now Bulgaria was the Plovdiv branch of the Imperial Ottoman Bank, in activity from 1878 to 1899. A number of former Bulgarian banks, defined as having been headquartered in present-day Bulgarian territory, are documented on Wikipedia. They are listed below in chronological order of establishment.

  • Girdap (1881-1925)
  • Bulgarian Commercial Bank (1895-1947)
  • Bulgarian Postal Savings Bank (1895-1951)
  • Bulgarian Popular Banks (1903-1952)
  • Bulgarian Agricultural Bank (1904-1934)
  • Bulgarian Central Cooperative Bank (1910-1934)
  • Macedonian Cooperative Bank (1925-1947)
  • Commercial Credit Bank (1929-1947)
  • Macedonian National Bank (1929-1947)
  • Bulgarian Agricultural and Cooperative Bank (1934-1947)
  • Bulgarian Credit Bank (1934-1948)
  • Bulgarian Investment Bank (1947-1967)
  • Bulgarian Agricultural and Commercial Bank (1969-1971)
  • Bulgarian Industrial Bank (1969-1971)
  • Unionbank (1991-2014)
  • Expressbank (1993-2020)
  • Piraeus Bank Bulgaria (1993-2019)
  • Corporate Commercial Bank (1994-2014)
  • Raiffeisenbank Bulgaria (1994-2022)

See also

References

  1. ↑ "What are less significant institutions?". European Central Bank. 2 August 2024.
  2. ↑ "Members and Observers". European Banking Authority. Retrieved 19 November 2025.
  3. 1 2 List of supervised entities - Cut-off date for changes in group structures: 1 September 2025 (PDF), European Central Bank, 24 October 2025
  4. ↑ Martin Lekov (3 December 2025). "Bulgarian Central Bank Clears Acquisition of Tokuda Bank by Bulgarian-American Credit Bank". Bulgarian News Agency.
  5. ↑ "ECB grants preliminary authorisation for acquisition of Bulgaria's TBI Bank". 14 February 2026.
  6. ↑ "The EBA updates list of third-country groups and branches operating in the European Union and the European Economic Area", European Banking Authority, 13 October 2025
  7. ↑ "Banks in Bulgaria: Jan - Mar 2025, BNB" (PDF).
  8. ↑ "Banks in Bulgaria: Apr - Jun 2025, BNB" (PDF).
  9. ↑ "Banks in Bulgaria - Jul - Sep 2025, BNB" (PDF).
  10. ↑ "Banks in Bulgaria: Oct - Dec 2025, BNB" (PDF).
This page is issued from Wikipedia. The text is available under Creative Commons Attribution-Share Alike 4.0 unless otherwise noted. Additional terms may apply for the media files.