Table of Contents
- 1 How many banks are in Bulgaria?
- 2 Which banks operate in Bulgaria?
- 3 Are Bulgarian banks safe?
- 4 Are there any American banks in Bulgaria?
- 5 Who are the big 5 banks?
- 6 Is Bulgaria joining the EU?
- 7 Are banks open Saturday in Bulgaria?
- 8 Does Citibank have branches in Europe?
- 9 What kind of bank is united Bulgarian bank?
- 10 What is the National Bank of Bulgaria?
How many banks are in Bulgaria?
25 banks
At the end of 2019, there were 25 banks operating in Bulgaria, six of which were foreign bank branches. The top five banks held approximately 62.1\% of all assets. At the end of 2019 the market share of domestic banks was 21.7\% and the share of EU subsidiaries was 72.1\%.
Which banks operate in Bulgaria?
Top Banks in Bulgaria
- The Top Banks in Bulgaria Include: UniCredit Bulbank.
- First Investment Bank (FiBank)
- Postbank.
- United Bulgarian Bank.
- Raiffeisenbank (Bulgaria)
- Societe Generale Expressbank.
- Allianz Bank Bulgaria.
Which bank is the highest bank?
The largest bank in the world in terms of total assets under management (AUM) is the Industrial and Commercial Bank Of China Ltd. This institution provides credit cards and loans, financing for businesses, and money management services for companies and high net worth individuals.
Are Bulgarian banks safe?
Bulgarian banks also boast of some of the most stable and effective banking systems in Europe. These institutions are secure, reliable, and ensure that transactions are carried out with ease.
Are there any American banks in Bulgaria?
There are many foreign banks with a substantial presence in Bulgaria, which include the French banks Société Générale and BNP Paribas, Austrian Raiffeisen Bank, Dutch bank ING and American bank Citibank.
Is there a Citibank in Bulgaria?
Citi has been present in Bulgaria since November 1998, when it opened a representative office. Since July 2000, Citi Bulgaria has been a full-service corporate and investment financial center.
Who are the big 5 banks?
The five largest banks in the U.S., according to domestic assets, are Chase, Bank of America, Wells Fargo Bank, Citibank and U.S. Bank.
Is Bulgaria joining the EU?
Bulgaria. Bulgaria is a member country of the EU since January 1, 2007, with its geographic size of 110,370 km², and population number 7,202,198, as per 2015.
How do I open a bank account in Bulgaria?
To open an bank account in Bulgaria you will need:
- A valid passport or national ID card.
- A valid Bulgarian residency card.
- An address for correspondence purposes.
- A minimum deposit amount to activate the account (10 BGN)
- A certificate of good standing (required for company bank accounts)
Are banks open Saturday in Bulgaria?
Business Practices in Bulgaria Banks are open from Monday to Friday, from 9:00 to 17:00. Public services are open Monday to Friday 8:30 to 17:00 with a one hour break from midday to 13:00.
Does Citibank have branches in Europe?
Branches. Citibank Europe has registered offices in Ireland and England with one branch at Citigroup Centre, London, Canary Wharf and the other in Dublin.
Which are the 3 largest banks in Bulgaria?
3 largest banks, UniCredit Bulbank, DSK Bank and United Bulgarian Bank, have been showing steady assets growth starting from 2010, while only UniCredit and DSK Bank have achieved an increase in net income, which resulted in high return on assets. Founded in 1993, First Investment Bank (FI Bank) is the biggest bank with Bulgarian capital.
What kind of bank is united Bulgarian bank?
An autonomous Bulgarian bank, it is fully funded through the local and international market. The bank is part of Greece-based Eurobank EFG. United Bulgarian Bank was founded in 1992 following the merger of 22 regional commercial banks in Bulgaria.
What is the National Bank of Bulgaria?
The Bulgarian National Bank (BNB) serves as the central monetary authority in Bulgaria. In 2007, the BNB became a full member of the European System of Central Banks, actively participating in the decision-making process of the European Union relating to banking and finance matters.
How many branches does CCB have in Bulgaria?
Over the years, CCB was able to transform itself from a cooperative-focused organization into one of the most successful universal commercial banks in Bulgaria today. The bank operates a network of 47 branches, 48 outlets, 211 bank representative offices, and an international branch in Cyprus.