The consolidated unaudited financial statement of tbi-bank for 2022 shows a net profit of EUR 35.5 million – 29% more than the result for 2021 (EUR 27.5 million). tbi bank has served almost 1.3 million financing applications in Bulgaria, Romania and Greece and approved nearly 550 thousand financial plans with a total value of 726 million euros (34% more than in 2021). tbi reports asset growth of 54% by the end of 2022, reaching EUR 1.1 billion (an increase of EUR 380 million in 2022). The loan portfolio reached EUR 778 million at the end of December 2022 (43% growth compared to 2021). In 2022, standard loans grew by nearly 50%, compared to growth of 20% in 2021. Thanks to this healthy growth, the bank's revenues increased by 30% to 161 million euros. Thus, the operating profit for 2022 reaches 122 million euros, which marks a nearly 28% growth on an annual basis. The increase in the bank's total expenses by 30% to EUR 79 million is mainly due to the accelerated growth of the loan portfolio and investments in new business lines (the mobile application and the neon debit card) and markets (the expansion to Greece). The profit before taxation amounted to EUR 43 million. The deposit portfolio of tbi bank reached EUR 796 million at the end of the year, reporting a record growth of 63%.
Source: actualno.com (31.03.2023)

The Financial Supervision Commission approved a prospectus for the public offering and admission to trading on a regulated market of an issue of first-rate, unsecured bonds of "TBI Bank" EAD. The issue of TBI Bank" is in the amount of up to EUR 70 million, divided into up to 700 ordinary, interest-bearing, registered, non-current, non-convertible, first-rate, non-privileged, unsecured, freely transferable bonds with a nominal and issue value of EUR 100 thousand each . The bond loan has a term of three years. with the possibility of additional issuance of bonds up to 12 months from the date of approval of the prospectus by the FSC, if the initially proposed amount is below the maximum amount of the issue, specified in the announcement. The interest rate on the issue is fixed for the entire term of the bonds, payable in annual periods, and will be determined based on market conditions within the specified interest rate range offered. Last year, the bank reported a record net profit of EUR 35.5 million, which is a third higher than the record financial result of 2021 – EUR 27.5 million. "TBI Bank" paid a dividend in the amount of BGN 19.56 million from undistributed and audited annual profit for 2019 and 2020. The decision for this was taken by the sole owner of the bank's capital - "TI BI Financial Services" B.V. – The Netherlands.
Source: Banker (26.05.2023)

FSC approves TBI Bank bond issue for trading The Financial Supervision Commission (FSC) has decided to enter in its registers a bond issue issued by "TBI Bank" EAD, for the purpose of trading on a regulated market, reports the FSC. The issue is in the amount of 100 ordinary, interest-bearing, registered, non-current, non-convertible, first-rate, non-privileged, unsecured, freely transferable bonds, with a nominal value of EUR 100,000 each. The bonds have a fixed interest rate of 9 percent for the entire bond period of 3 years, payable in annual periods. The issue has the possibility of additional issuance of bonds up to 12 months from the date of approval of the prospectus by the FSC, with the right of the issuer to exercise a call option one year before the maturity of the bonds and a call option in case of disqualification of the bonds as eligible liabilities ("call option at disqualification").
Source: BTA (19.06.2023)

BSE has received an application for admission to trading of an issue of bonds on the Bonds Segment as follows: - Issuer: CB TBI Bank EAD - ISIN of the issue: BG2100005235 - Amount of the issue: EUR 10,000,000 - Par value per bond: EUR 100,000 - BSE code assigned to the issue of bonds: TBIB
Source: BSE (26.06.2023)

tbi bank has successfully issued public bonds structured to meet the requirements for instruments of eligible liabilities (MREL) in the amount of EUR 10 million (with a nominal value of EUR 100 thousand each). Orders were registered for 1.5 times the issue, which shows the great interest from various investors. The bonds bear an annual interest rate of 9% and mature in 2026, with the bank having the right to redeem them early in 2025. The bonds have already been registered with the Financial Supervision Commission and the Central Depository, and will soon be released for secondary trading on the Bulgarian Stock Exchange.
Source: Banker (27.06.2023)

At a meeting held by the Board of Directors of the BSE under Protocol No. 34/29.06.2023, the following decision was made: In connection with an application submitted under Art. 20, para. 1 of Part III of the Rules for Admission to Trading, the Board of Directors of BSE AD on the basis of Art. 33, para. 8 of the same, admitted to trading on the BSE Main Market, Bond Segment, the following issue: - Issuer: TBI Bank EAD; - Type of bonds: ordinary, registered, non-current, interest-bearing, freely transferable, non-convertible, senior, unsecured bonds, which are structured to meet the requirements for instruments of eligible liabilities within the meaning of Chapter XIII, Section II of the Credit Recovery and Restructuring Act institutions and investment intermediaries (ZVPKIIP); - ISIN code of the issue: BG2100005235; - Exchange code of the issue: TBIB; - CFI issue code: DBFUFR; - Amount of issue: 10,000,000 euros; - Number of bonds: 100; - Nominal value of one bond: 100,000 euros; - Currency of issue: euro; - Trading currency: euro; - Date of introduction for trading: 07/04/2023 (Tuesday); - Closing date for trading: 29.05.2026; - Segment MIC: ZBUL; - Market lot (lot): 1 (one) bond; - Minimum quotation step: 0.001; - Indicative reference price for the first trading session: 100% of the nominal value; - The price of the entered orders is a percentage of the nominal value of one market lot /net price/; - The price of orders for the purchase and sale of bonds does not include the accrued interest from the date of the last interest payment until the moment of entering the order; SHOW INFO: - The issue of bonds is the first in order for the Issuer, structured to meet the requirements for an instrument of acceptable obligations in the sense of Chapter XIII, Section II of the LLIP. - Date of issue: 06/09/2023; - Maturity date: 06/09/2026; - Maturity: 36 months, starting from the issue date; - Annual interest rate: 9%; - Interest convention: 30/360; - Repayment of the loan: once on the due date; - Interest payment period: 12-month with a fixed date of interest payments as follows: 06/09/2024 06/09/2025 06/09/2026 * Persons registered in the central register of securities as bondholders no later than 5 /five/ working days before the date of the corresponding payment, respectively 5 /five/ working days before the date of the last interest and amortization payment, have the right to an interest payment, which coincide with the maturity date of the issue. - Representative of the bondholders: To be elected at the AGM. - The Issuer has the right, under the conditions specified in the Prospectus, to exercise the stipulated "Issuer's Call Option" and "Call Option in case of disqualification". ISSUER INFORMATION: - Latin name: CB TBI Bank EAD-Sofia; - Headquarters: Sofia, Dimitar Hadzhikotsev St. 52-54; - EIK: 131134023; - LEI code: 529900KIX7269PVMPY26; - Address for correspondence: Sofia, 52-54 Dimitar Hadzhikotsev Street; - Tel.: (+359 2) 816 39 74; - E-mail: fi@tbibank.bg; - Web address: https://tbibank.bg/; - Representing: Alexander Dimitrov, Valentin Galabov, Nikolay Spasov, Lucas Tursa; - Contact person: Nikolay Gruncharov; - Disclosure Media: www.x3news.com; - Subject of activity: Banking activity.
Source: BSE (30.06.2023)

CB TBI Bank EAD-Sofia (TBIB) The General Meeting of Bondholders of CB TBI Bank, ISIN BG2100005235, dated 03 July 2023 has passed the following resolutions: - Election of a trustee of the bondholders - Determination of the remuneration to the bondholders' representative
Source: BSE (06.07.2023)

TB TBI Bank EAD-Sofia (TBIA) In connection with the occurrence of an interest payment on the issue of bonds issued by TB TBI Bank EAD-Sofia, (TBIA), issue with ISIN code - BG2100007215, we inform you of the following: - Date of interest payment: 30.07.2023; - Coupon: 5.25 %; - Holders of bonds who are registered as such in the book kept by the Central Depository AD as of 07/24/2023 have the right to interest payment; - The last date for concluding transactions with bonds from this issue on the Stock Exchange, as a result of which the acquirer has the right to an interest payment, is 20.07.2023;
Source: BSE (20.07.2023)

Trading Suspensions & Removals: Date and time of the publication / communication 2023-09-04T11:31:00.Z Action type Suspension Reasons for the action Request from Central Depository AD Effective from 2023-09-05T06:30:00.Z Effective to 2023-09-11T06:30:00.Z Ongoing True Trading venue(s) XBUL Issuer name CB TBI Bank EAD-Sofia Issuer 529900KIX7269PVMPY26 Instrument identifier BG2100005235 Instrument full name TBI Bank Related derivatives Other related instruments Comments
Source: BSE (05.09.2023)

Trading Suspensions & Removals: Date and time of the publication / communication 2023-09-04T11:27:00.Z Action type Suspension Reasons for the action Request from Central Depository AD Effective from 2023-09-05T06:30:00.Z Effective to 2023-09-11T06:30:00.Z Ongoing True Trading venue(s) XBUL Issuer name CB TBI Bank EAD-Sofia Issuer 529900KIX7269PVMPY26 Instrument identifier BG2100007215 Instrument full name TBI Bank Related derivatives Other related instruments Comments
Source: BSE (05.09.2023)

tbi's consolidated unaudited financial statement for the first half of the year shows a net profit of EUR 18.4 million. tbi bank's revenue grew by 28% to EUR 95 million, mainly thanks to a 27% increase in net interest income and a 35% increase in net fee and commission income. Thus, the operating profit for the first half of 2023 reaches EUR 68 million. The increase in the bank's total expenses by 25% to EUR 46 million is mainly due to the accelerated growth of the loan portfolio and investments in new business lines (the free debit card neon and the mobile application) and markets (expansion in Greece).
Source: 24 chasa (05.10.2023)

TB TBI Bank EAD-Sofia (TBIA) TB TBI Bank EAD publishes a notification regarding received investment ratings from Moody's.
Source: BSE (11.10.2023)

tbi bank reported 50% growth in assets at the end of September 2023. In the first nine months of 2023, tbi bank maintained its stable positions in terms of liquidity and capital, continuing to invest in its future development, while also reaching an important share in its deposit portfolio. The leading challenger bank in the Southeast Europe region continues to report remarkable financial results. tbi's consolidated unaudited financial statement for the nine months of 2023 shows a net profit of EUR 27.2 million. During the reported period, tbi concluded a number of new partnerships, including with merchants from new sectors, and is now present in over 22,200 retail outlets in its main markets - Bulgaria, Romania and Greece. This impressive range contributes to the bank being among the leaders in terms of payment products offered in the three countries. As of the end of September 2023, tbi bank has processed 1.7 million financing applications in Bulgaria, Romania and Greece, which is twice as much compared to the same period in 2022. In addition, 70% of financing applications in end customers were submitted through digital self-service channels (compared to 48% in the nine months of 2022) and contributed significantly to the excellent results. By the end of September, the bank had approved nearly 500,000 loans with a total value of EUR 672 million (28% more than in the same period of 2022). tbi reported a 50% growth in assets at the end of September 2023, reaching EUR 1.35 billion (vs. EUR 910 million at the end of the nine months of 2022).
Source: Trud (20.11.2023)

CB TBI Bank EAD-Sofia (TBIA) On 15 December 2023, TBI Bank issued a bond structured to meet the requirements for instruments of eligible liabilities under the Recovery and Resolution of Credit Institutions and Investment Firms Act. The bond issue has a total nominal value of EUR 10,000,000, an annual interest rate of 9.50%, and a maturity date on 15 September 2026. There were 100 bonds of EUR 100,000 nominal value each underwritten. According to the terms of issuance, the Bank will prepare and submit to the Financial Supervision Commission a prospectus for admission of the bond issue to trading on the Bulgarian Stock Exchange within six months from the date of issuance.
Source: BSE (19.12.2023)