Concerning an application submitted by CB TBI Bank EAD, BSE withholds the rights of Aleksandar Totev, granting him access to the BSE Trading System as of 03 January 2024.
Source: BSE (03.01.2024)

As of December 31, 2023, 23 banks operate in Bulgaria's banking sector, 6 of which are branches of foreign credit institutions. Total assets of the banking system as of December 31 last year. amounted to BGN 172.1 billion, marking an increase of 4.22% compared to September 30. The share of the five largest banks based on total assets in the banking system as of December 31 is 76.84 percent. United Bulgarian Bank AD remains in the leading position with assets in the amount of BGN 34.0 billion or 19.78% market share, marking a growth of 4.63% in assets compared to September 30, 2023. Bank DSK AD is in second position with a 19.05% market share and a growth in assets of 5.48% compared to the previous quarter. In third position is Unicredit Bulbank AD with an unchanged market share of 18.67% compared to the end of the previous quarter and a growth in assets of 4.21% compared to September 30. The fourth and fifth positions, unchanged compared to the end of the previous quarter, are occupied respectively by Eurobank Bulgaria AD and First Investment Bank AD. The net assets of the banks as of December 31, 2023 amounted to BGN 20.0 billion, marking an increase of 3.55% compared to September 30. Bank DSK AD remains in the leading position according to this indicator - as of December 31, its net assets have increased by 6.38% compared to September 30, 2023. A growth of 4.52% in net assets was registered by Unicredit Bulbank AD as of December 31 and remains in second place by this indicator. United Bulgarian Bank AD occupies the third position in terms of net assets as of December 31, reporting a growth of 3.84% compared to September 30, 2023. Eurobank Bulgaria AD continues to occupy the fourth position, reporting a growth in net assets of 4.40% compared to September 30. First Investment Bank AD remains in fifth position with a growth in net assets of 0.66% compared to September 30, 2023. The net profit of the banking system marked a significant growth of 64.35%, reaching BGN 3.4 billion for 2023, compared to BGN 2.1 billion for 2022. Bank DSK AD occupies the leading position with a profit of BGN 1.0 billion or a 29.44% share of the profits in the sector for the last year, reporting a growth of 77.53% compared to the previous year. Unicredit Bulbank AD is in second position in terms of profit share in the sector, namely 23.61%, reporting an increase of 73.15% and reaching BGN 807 million for 2023 compared to BGN 466 million for 2022. United Bulgarian Bank AD doubles its profit from the previous year, reaching BGN 472 million for 2023 or a growth of 211.43%, rising to the third position with a 13.81% share in the profits of the sector. Eurobank Bulgaria AD is in fourth position with a profit of BGN 308 million and a market share of 9.02% for 2023, registering an increase of 49.02% compared to 2022. First Investment Bank AD climbs to the fifth position with a profit of BGN 135 million, registering an increase of 68.70% compared to 2022. The return on assets (calculated on the basis of Net profit / Total assets) amounts to 1.99% in total for the banking system throughout 2023 compared to 1.34% for 2022. According to this indicator, Citibank Europe AD - Bulgaria Branch is in the leading position with 3.59%, marking an increase compared to the previous year, when the return on assets was 1.30 percent. TBI Bank EAD occupies the second position with a 3.58% return on assets for 2023 compared to 6.03% for 2022. Next positions are occupied by Varengold Bank AG, Sofia Branch with 3.33%, DSK Bank AD with 3.07% and Targovska Banka D AD, which is in fifth place with 2.66 percent. Return on equity (calculated on a Net Profit / Equity basis, with the ranking excluding foreign bank branches), increases to 16.72% for 2023, compared to 11.77% a year earlier. With the highest return on equity remains TBI Bank EAD with 22.76%, and in second place is DSK Bank AD with 22.56%, followed by Unicredit Bulbank AD with 22.03%, Targovska Banka D AD with 20.78% and International Asset Bank AD with 18.95 percent. The efficiency indicator (calculated on the basis of the ratio between administrative expenses and total net operating income) reports an improvement from 37.36% for 2022 to 31.80 percent. In the leading position according to this indicator for 2023 is Unicredit Bulbank AD with 23.10% compared to 29.06% for 2022. Bank DSK AD is in second position, reporting an improvement in efficiency from 28.03% for 2022 to 24.37 percent. Citibank Europe AD – Bulgaria Branch climbs to third position, reporting an increase in efficiency from 38.19% in 2022 to 25.86% in 2023. Next come Investbank AD and Te-Je Ziraat Bankas - Sofia Branch in fourth and fifth position, respectively.
Source: Banker (09.02.2024)

At the end of December 2023, housing loans amounted to BGN 19.901 billion and grew by 20.5% on an annual basis Three of the commercial banks in Bulgaria increased the loans provided to households by over BGN 1 billion in 2023. Two of the institutions officially finalized acquisition transactions during the year, which also had an impact on the growth of this indicator. Number 1 for last year is United Bulgarian Bank, which added 4.5 billion BGN of new loans. At the end of 2022, the loan portfolio to households of KBC Bank Bulgaria amounts to BGN 3.5 billion. Postbank also reports an increase of BGN 1.97 billion, of which BGN 925 million comes from the acquired BNP Paribas Personal Finance. DSK Bank is also in the top 3, adding BGN 1.58 billion in new loans from households, ranking ahead of UniCredit Bulbank and TBI Bank, which increased their portfolios by BGN 725 and 474 million, respectively. An increase of over BGN 100 million. is also reported at Allianz Bank Bulgaria (BGN 227 million), First Investment Bank (BGN 220 million) and Central Cooperative Bank (BGN 101 million). The Bulgarian-American Credit Bank (BGN 87.7 million) also remains slightly below this limit. ?
Source: Darik Radio (13.02.2024)

A net profit of EUR 42.4 million is reported by TBI Bank for 2023. Net profit in the amount of 42.4 million euros of "tbi bank" (tbi bank) for 2023 shows the consolidated unaudited financial report of the bank for the past year. It is 16 percent higher than in 2022 - 35.5 million euros. The bank, which operates in Bulgaria, Romania and Greece, is already present in over 20,000 commercial outlets in its main markets. In 2023, the bank handled 2.5 million financing applications in the three countries, double the number compared to 2022, approved nearly 750,000 loans with a total value of nearly ˆ1 billion, which is 33 percent more compared to with the previous year. TBI reported a growth in assets of nearly 40 percent at the end of December 2023, reaching EUR 1.48 billion (from EUR 1.07 billion at the end of December 2022). The loan portfolio reached EUR 1.04 billion at the end of December 2023 (34 percent growth compared to 2022). The data also shows that 71 percent of funding applications are submitted through self-service digital channels (51 percent in 2022). The bank's operating profit increased by 32 percent to ˆ203 million, mainly thanks to a 27 percent increase in net interest income and a 25 percent increase in net fee and commission income, bringing 2023 operating profit to ˆ146 million , TBI notes.
Source: BTA (14.03.2024)

Banks earned BGN 527 million from interest on loans to the public during the quarter For the last year up to March 31, the portfolios of banks in Bulgaria have added net 4.02 billion BGN mortgage loans and 2.16 billion BGN consumer loans, with which the liabilities of households now amount to over 41.2 billion BGN. After the acquisition of Raiffeisenbank, UBB became the largest bank in Bulgaria. The addition of the loan portfolio of the purchased institution allowed it to come out on top in this ranking as well, with BNB data showing that the United Bulgarian Bank added net BGN 2.9 billion housing and BGN 1.6 billion consumer loans. Over BGN 1 billion in net mortgage loans for the period was added only by DSK Bank (note: BGN 1.2 billion). UniCredit Bulbank (BGN 808 million) and Postbank (BGN 576 million) follow. More than BGN 100 million in new housing loans were provided by two more banks - Allianz Bank Bulgaria (BGN 148 million) and First Investment Bank (BGN 144 million). In terms of consumer loans, after UBB is Postbank, which acquired BNP Paribas Personal Finance. Over BGN 100 million in loans were also provided by DSK Bank (BGN 624 million) and TBI Bank (BGN 478 million), below this limit were Central Cooperative Bank (BGN 98 million) and Allianz Bank ( BGN 92 million). Banks received BGN 527 million in interest for loans granted to the population for the first three months of the year.
Source: econ.bg (16.05.2024)

The Financial Supervision Commission (FSC) has approved a prospectus for the public offering and admission to trading on the regulated market of the bond issue of TBI Bank AD. The issue is in the amount of up to EUR 50 million, divided into up to 500 ordinary, interest-bearing, registered, non-current, non-convertible, first-rate, non-privileged, unsecured, freely transferable bonds, structured to meet the requirements for eligible liability instruments. The nominal and issue value of the bonds is EUR 100,000 each. The interest rate is fixed for the entire period of the bonds, and interest will be paid every three months from the issue date. The principal is intended to be paid in one lump sum at maturity. The term of the issue is 30 months. It is possible to issue additional bonds up to 12 months from the date of approval of the prospectus by the FSC, as well as the right to exercise a call option by the issuer one year before maturity. On May 21, TBI Bank reported a consolidated net profit for the first quarter of the year in the amount of 11.3 million euros (over BGN 22 million), which is almost 40% more compared to the first quarter of 2023. and is a record result for the bank. Revenues are 58 million euros, which is 30% more on an annual basis.
Source: investor.bg (23.05.2024)

At a meeting held by the Board of Directors of the BSE under Protocol No. 41/06.06.2024, the following decision was taken: In connection with an application submitted under Art. 22, para. 1 of Part III Rules for admission to trading The Board of Directors of BSE AD, on the basis of Art. 35, para. 8 of the same, admits the following issue to trading on the Bond Segment of the BSE Main Market: - Issuer: TBI Bank EAD; - Type of bonds: ordinary, registered, non-current, interest-bearing, freely transferable, non-convertible, unsecured, senior bonds, which are structured to meet the requirements for eligible liabilities within the meaning of Chapter XIII, Section II of the Law on the Recovery and Restructuring of Credit Institutions and investment intermediaries; - ISIN code of the issue: BG2100042238; - Exchange code of the issue: TBIC; - 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: 11.06.2024 (Tuesday); - Closing date for trading: 09/03/2026; - 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 is the second issue issued by the issuer; - Date of issue: 15.12.2023; - Maturity date: 15.09.2026; - Maturity: 33 months, starting from the issue date; - Annual interest rate: 9.50%; - Interest convention: 30/360; - Repayment of the loan: once on the due date; - Interest payment period: 3-month with a fixed date of interest payments as follows: 15.03.2024 15.06.2024 15.09.2024 15.12.2024 15.03.2025 15.06.2025 15.09.2025 15.12.2025 15.03.2026 15.06.2026 15/09/2026 * Persons registered in the central register of securities as bondholders no later than 5 /five/ working days before the date of the relevant 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: Kapman consult EOOD, EIK 201618311 - The Issuer has the right to prepay 100% of the bond principal, together with the accrued interest, by exercising a call option, as described in the Prospectus: "Issuer's Call Option", "Call Option in case of Disqualification of the Bonds as Eligible Liabilities" and "Tax call option'. ISSUER INFORMATION: - Latin name: CB TBI Bank EAD; - 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: ngrancharov@tbibank.bg; - Website: www.tbibank.bg; - Representing: Each two of the executive directors: Alexander Dimitrov, Valentin Galabov, Nikolay Spasov, Lukas Tursa; - Contact person: Nikolay Gruncharov; - Disclosure Media: http://www.x3news.com/; - Subject of activity (Class under KID-2008): Banking activity (64.19)
Source: BSE (07.06.2024)

BSE received an application for admission to trading of an issue of bonds on the Bonds Segment as follows: - Issuer: TBI Bank EAD - ISIN of the issue: BG2100042238 - Amount of the issue: EUR 10,000,000 - Par value per bond: EUR 100,000 - BSE code assigned to the issue of bonds: TBIC
Source: BSE (07.06.2024)

CB TBI Bank EAD (TBIA) Notice under Art. 89r of the POSA regarding the start of the public offering of senior unsecured bonds, ISIN BG2100021240, according to the prospectus approved by the FSC under resolution No. 344-E of 21 May 2024.
Source: BSE (11.06.2024)

tbi bank has announced that it is capitalizing its entire consolidated net profit for 2023 in the amount of EUR 42.5 million. The bank's profit for the first half of 2023 was capitalized following approval by the Bulgarian National Bank (BNB) late last year. To support the future development of the business, tbi bank's shareholders decided to also reinvest the profit from the second half of 2023. tbi reported record financial results in 2023 - 17% higher net profit and an impressive growth of assets of nearly 40% (the highest among all banks on the Bulgarian market). Last year, the bank considered 1.6 million applications for financing from customers in Bulgaria, Romania and Greece (twice as much compared to 2022), approving nearly 750,000 loans with a total value of nearly 1 billion euros (30% year-on-year growth).
Source: money.bg (03.07.2024)

The Financial Supervision Commission has registered an issue of bonds to be issued by "TBI Bank" EAD - Sofia in the register of public companies and other issuers of securities, for the purpose of trading on a regulated market. It is in the amount of 200 interest-bearing, registered, non-current, non-convertible, first-rate, non-privileged, unsecured, freely transferable bonds. The books are structured to meet the requirements for acceptable liability instruments in the sense of Chapter XIII, Section II of the Law on the Recovery and Restructuring of Credit Institutions and Investment Intermediaries. The bonds have a nominal value of EUR 100,000 each, with ISIN code BG2100021240. They have a fixed interest rate for the entire period of the bonds, payable in quarterly periods, starting from the issue date and determined on the basis of market conditions within the specified interest range offered. Principal is payable in one lump sum on the maturity date.
Source: Banker (05.07.2024)

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: BG2100021240 - Amount of the issue: EUR 20,000,000 - Par value per bond: EUR 100,000 - BSE code assigned to the issue of bonds: TBID
Source: BSE (10.07.2024)

At a meeting held by the Board of Directors of the BSE under Protocol No. 52/11.07.2024, the following decision was taken: In connection with an application submitted under Art. 22, para. 1 of Part III Rules for Admission to Trading The Board of Directors of BSE AD, on the basis of Art. 35, para. 8 of the same, admits the following issue to trading on the Bond Segment of the BSE Main Market: - Issuer: TBI Bank EAD; - Type of bonds: ordinary, registered, non-current, interest-bearing, freely transferable, non-convertible, non-privileged, unsecured, senior bonds, which are structured to meet the requirements for eligible liabilities within the meaning of Chapter XIII, Section II of the Credit Recovery and Restructuring Act institutions and investment intermediaries; - ISIN code of the issue: BG2100021240; - Exchange code of the issue: TBID; - CFI issue code: DBFUFR; - Amount of issue: 20,000,000 euros; - Number of bonds: 200; - Nominal value of one bond: 100,000 euros; - Currency of issue: euro; - Trading currency: euro; - Date of introduction for trading: 16.07.2024 (Tuesday); - Closing date for trading: 10.12.2026; - Segmental 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 is the third in a row issued by the issuer; - Date of issue: 21.06.2024; - Maturity date: 21.12.2026; - Maturity: 30 months, starting from the issue date; - Annual interest rate: 9.00%; - Interest convention: 30/360; - Repayment of the loan: once on the due date; - Interest payment period: 3-month with a fixed date of interest payments as follows: 21.09.2024 21.12.2024 21.03.2025 06/21/2025 21.09.2025 21.12.2025 21.03.2026 21.06.2026 21.09.2026 21.12.2026 * Persons registered in the central register of securities as bondholders no later than 5 /five/ working days before the date of the relevant 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: Kapman consult EOOD, EIK 201618311 - The Issuer has the right to pay off the principal of the bonds ahead of schedule, together with the accrued interest, by exercising a call option, as described in the Prospectus: "Issuer's Call Option", "Call Option in case of Disqualification of the Bonds as Eligible Liabilities" and "Tax Call Option" . ISSUER INFORMATION: - Latin name: TBI Bank; - 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: ngrancharov@tbibank.bg; - Website: www.tbibank.bg; - Representing: Each two of the executive directors: Alexander Dimitrov, Valentin Galabov, Nikolay Spasov, Lukas Tursa; - Contact person: Nikolay Gruncharov; - Disclosure Media: http://www.x3news.com/; - Subject of activity (Class under KID-2008): Banking activity (64.19) Èç
Source: BSE (12.07.2024)

CB TBI Bank EAD (TBIA) The BCRA – Credit Rating Agency AD confirmed on 11 July 2024 the credit rating assigned to TBI Bank in 2023.
Source: BSE (15.07.2024)

CB TBI Bank EAD (TBIA) In view of a forthcoming interest payment on an issue of bonds, please, be informed of the following: - Issuer: CB TBI Bank EAD - BSE code: TBIA - ISIN: BG2100007215 - Date of interest payment: 30.07.2024 - Coupon rate: 5.25 % - All bondholders registered with the Central Depository as of 23.07.2024 (Record Date) will be entitled to receive the payment. - The final date for transacting in bonds of this issue on BSE-Sofia, as a result of which the buyer will have the right to the interest payment, will be 19.07.2024 (Ex Date: 22.07.2024).
Source: BSE (19.07.2024)

tbi bank reports record net profit for half-year 2024 tbi's consolidated unaudited financial statement for the first half of 2024 shows a net profit of ˆ23.2m – up 17% from ˆ19.7m in the same period last year. In the first half of 2024, tbi bank served 1 million financing applications in Bulgaria, Romania and Greece, which is nearly 40% more compared to the same period in 2023. By the end of June, the bank had approved nearly 420,000 payment plan for a total of 532 million euros (22% more compared to the same period in 2023). tbi bank's revenue grew by 25% to EUR 120 million, mainly thanks to a 28% increase in net interest income. Thus, the operating profit for the first half of 2024 reaches EUR 85 million.
Source: 24 chasa (03.09.2024)

CB TBI Bank EAD (TBIC) In view of a forthcoming interest payment on an issue of bonds, please, be informed of the following: - Issuer: CB TBI Bank EAD - BSE code: TBIC - ISIN: BG2100042238 - Date of interest payment: 15.09.2024 - Coupon rate: 9.5 % - All bondholders registered with the Central Depository as of 09.09.2024 (Record Date) will be entitled to receive the payment. - The final date for transacting in bonds of this issue on BSE-Sofia, as a result of which the buyer will have the right to the interest payment, will be 04.09.2024 (Ex Date: 05.09.2024).
Source: BSE (04.09.2024)

CB TBI Bank EAD (TBID) In view of a forthcoming interest payment on an issue of bonds, please, be informed of the following: - Issuer: CB TBI Bank EAD - BSE code: TBID - ISIN: BG2100021240 - Date of interest payment: 21.09.2024 - Coupon rate: 9 % - All bondholders registered with the Central Depository as of 16.09.2024 (Record Date) will be entitled to receive the payment. - The final date for transacting in bonds of this issue on BSE-Sofia, as a result of which the buyer will have the right to the interest payment, will be 12.09.2024 (Ex Date: 13.09.2024).
Source: BSE (12.09.2024)

tbi bank paid interest to bond investors tb³ bank made a quarterly payment to the bondholders issued in December 2023 (c 9.5% annual interest rate). The bank also made the annual cash payment to investors in the subordinated debt from 2021 (with an annual interest rate of 5.25%). The total sum paid to the investors in the two bonds is close to 800 thousand. epo. In 2023, the bank achieved the highest ratio of assets (nearly 40%) among all banks in Bulgaria and reported a consolidated net profit of EUR 42.4 million. This positive trend continues through the first half of 2024 with a 17% increase in net profit and a 33% increase in assets on an annual basis.
Source: money.bg (17.09.2024)

tbi bank has appointed Kostin Minkovic, Senior Vice President Credit Risk, to its Management Board (MB). Kostin joins tbi bank from parent company 4finance, where he led the international Risk team, responsible for portfolio analysis, collections, fraud, risk management technology and impairment. Minkovic has over 20 years of experience in the field, having held positions in banking and non-banking institutions, including a leadership role at Banc Post Romania. As a member of the MB, Kostin Minkovic will focus on improving credit risk management strategies and supporting the bank’s efforts to establish its leadership in innovation.
Source: 24 chasa (05.12.2024)

CB TBI Bank EAD (TBIC) In view of a forthcoming interest payment on an issue of bonds, please, be informed of the following: - Issuer: CB TBI Bank EAD - BSE code: TBIC - ISIN: BG2100042238 - Date of interest payment: 15.12.2024 - Coupon rate: 9.5 % - All bondholders registered with the Central Depository as of 09.12.2024 (Record Date) will be entitled to receive the payment. - The final date for transacting in bonds of this issue on BSE-Sofia, as a result of which the buyer will have the right to the interest payment, will be 05.12.2024 (Ex Date: 06.12.2024).
Source: BSE (05.12.2024)

CB TBI Bank EAD (TBID) In view of a forthcoming interest payment on an issue of bonds, please, be informed of the following: - Issuer: CB TBI Bank EAD - BSE code: TBID - ISIN: BG2100021240 - Date of interest payment: 21.12.2024 - Coupon rate: 9 % - All bondholders registered with the Central Depository as of 16.12.2024 (Record Date) will be entitled to receive the payment. - The final date for transacting in bonds of this issue on BSE-Sofia, as a result of which the buyer will have the right to the interest payment, will be 12.12.2024 (Ex Date: 13.12.2024).
Source: BSE (12.12.2024)