A total of 38 investment intermediaries have carried out transactions on the BSE in the last 12 months. However, only 13 of them have carried out more than 1,000 transactions, and only three - over 10,000. The leader in this indicator is Karol, whose clients are responsible for 36.7% of all transactions on the exchange, or 49,653 in number. Almost every fifth transaction is the work or account of Elana Trading (26,234, or 19.39%), while Benchmark Finance has a share of 10.23% of all transactions (13,846 in number). First Financial Brokerage House (8,443) and Yug Market (5,224), as well as ABV Investments (4,840) and Real Finance (4,655) are also in the lead. Tradegate AG-Berlin managed to climb to the eighth position in 2023, with 4,019 transactions completed through the German intermediary - more than Kapman and Euro-Finance, which completed the top 10. UBB, CCB and Sofia International Securities. 91.8% of transactions on the Bulgarian Stock Exchange were carried out through the ten top intermediaries. Ten investment intermediaries have less than 100 transactions for the whole year. They are the least at Capital Invest (7), Bulgarian-American Credit Bank (10), Adamant Capital Partners (11), De Novo (15), Div Invest (17) and Tokuda Bank (18). ?
Source: Darik Radio (09.01.2024)

The payment of the cash dividend from the profit for 2022 by TB "Bulgarian-American Credit Bank" AD - Sofia has ended. The decision to distribute part of the positive financial result to the shareholders of the credit institution was taken at the general meeting of the company, held on May 23 last year in Sofia. Then a dividend was voted for 2022 in the total amount of BGN 2,469,131.30 or a gross amount of BGN 0.10 per share. The amount of the dividend for one share only for individual investors is BGN 0.095 after deduction of dividend tax. After the deadline, within the five-year limitation period, any shareholder who has not received his dividend for 2022 can receive it from BAKB in cash or by bank transfer, after an express written request. Unclaimed and unclaimed dividends after the expiration of the five-year statute of limitations are transferred to the bank's "Reserve" fund. The profit of BAKB for the financial year 2022 after taxation is in the amount of BGN 43,663,589.79. The rest of it remains in the "Reserve" fund of the bank. The largest shareholder in the bank is "SIESAYEF" AD, which is controlled by Tsvetelina Borislavova - chairperson of the bank's Supervisory Board. This shareholder has a share of 45.68 percent of the capital. LTBI Holdings LLC holds 35.74 percent, and Tsvetelina Borislavova personally owns 9.98 percent. The rest of the voting papers are owned by smaller investors. ?
Source: Banker (23.01.2024)

ÑB Bulgarian-American Credit Bank AD-Sofia (BAMB) ÑB Bulgarian-American Credit Bank AD-Sofia presented a six-month report for the period 30-09-2023 -- 31-12-2023 for compliance with the issuer's obligations to bondholders for issue BG210002222.
Source: BSE (31.01.2024)

ÑB Bulgarian-American Credit Bank AD-Sofia (BACB) ÑB Bulgarian-American Credit Bank AD-Sofia presented a quarterly report for the Fourth Quarter of 2023.
Source: BSE (31.01.2024)

ÑB Bulgarian-American Credit Bank AD-Sofia (BACB) ÑB Bulgarian-American Credit Bank AD-Sofia presented a quarterly consolidated report for the Fourth Quarter of 2023.
Source: BSE (31.01.2024)

ÑB Bulgarian-American Credit Bank AD-Sofia (BAMB) Notification regarding published report art. 100b, para. 8 of the Civil Procedure Code as of 31.12.2023 for the fulfillment of the obligations of the Bulgarian-American Credit Bank AD under the terms of the issue of unsecured bonds, ISIN BG210002222
Source: BSE (31.01.2024)

ÑB Bulgarian-American Credit Bank AD-Sofia (BACB) BAKB publishes its preliminary individual and consolidated financial statements as of December 31, 2023, together with the relevant Interim Activity Reports and Letter to Shareholders. The detailed information about these results is available via a link on the website of BAKB.
Source: BSE (31.01.2024)

The project for the development of the Kartala ski resort near Blagoevgrad is not going well almost two decades after the previous majority owner of the company "Prima Invest BG" OOD - Iliya Rizov managed to negotiate the acquisition of the appetizing property with the then mayor of the city Lazar Prichkapov . Rizov acquires 92% of the company's shares, leaving the municipality with only about 8 percent. For 13 years now, the lift and tow continue to be illegal, although Rizov has managed to acquire an enviably attractive property. The reason is "simple" - "Kartala" is located on 190 acres of the state forest fund, which were granted to the municipality of Blagoevgrad with the idea of making a ski center here. And the terrain is in close proximity to the Rila National Park and the Parangalitsa Reserve. Five years ago, it was necessary to come to the aid of the Armako AD arms company, which joined as a co-owner of the company and, accordingly, of the project to turn the resort into a ski destination. It bought the debts of the company to the Bulgarian-American Credit Bank in the amount of 4,125,200 euros. Against this, it became the majority owner of the lands in "Kartala", and the distribution of shares in "Prima Invest-BG" OOD changed as follows: "Armaco-AD" received a share of 76.27%, "Prima FR - Iliya Rizov" (16.30 %) and Blagoevgrad municipality (7.43 percent). Thus, a passenger ropeway over the resort of Bodrost in the area of Kartala on the land of the village of Bistrica remains illegal due to the lack of a completed environmental impact assessment procedure. The lift is divided into two parts, with the lower lift station having a building permit, but without a completed EIA procedure, and the upper station lacking any permits at the time of construction. In March of last year, the municipality transferred to the ski investor 5 municipal acres next to the lift for the amount calculated by the appraiser and in exchange for 7 company squares. After this absolutely unequal replacement, the municipality became the owner of the parking lot under the lift.
Source: Banker (08.02.2024)

The net profit of the Bulgarian-American Credit Bank last year amounted to BGN 54,899 million after taxation and represents a growth of over 25% compared to 2022. BAKB's interest income increased by 78% compared to the end of 2022, while for the same period, the banking sector reported 62% growth. Interest expenses are also rising - by 61% compared to 155% for the banking market in the country. BAKB realized an increase in net interest income by 79% compared to 50% for the banking market. The bank's results show that the increase in mortgage lending for citizens at the end of 2023 is 47%, with 20% average growth in this segment of the banking market. Consumer loans expanded the loan portfolio for individuals by 31% year-on-year, while the banking system registered 12% growth in the last quarter of last year.
Source: investor.bg (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)

TB Bulgarian-American Credit Bank AD-Sofia (BACB) BAKB publishes audited annual financial statements on an individual and consolidated basis as of December 31, 2023.
Source: BSE (01.04.2024)

TB Bulgarian-American Credit Bank AD-Sofia (BACB) TB Bulgarian-American Credit Bank AD-Sofia publishes the Annual consolidated report of the bank as of 12-31-2023.
Source: BSE (01.04.2024)

TB Bulgarian-American Credit Bank AD-Sofia (BACB) TB Bulgarian-American Credit Bank AD-Sofia publishes the Bank's Annual Report as of 12-31-2023.
Source: BSE (01.04.2024)

ÑB Bulgarian-American Credit Bank AD-Sofia (BACB) ÑB Bulgarian-American Credit Bank AD-Sofia publishes the Annual Consolidated Financial Report for the bank's activities - ESEF format as of 12-31-2023.
Source: BSE (02.04.2024)

ÑB Bulgarian-American Credit Bank AD-Sofia (BACB) ÑB Bulgarian-American Credit Bank AD-Sofia publishes the Annual financial report for the bank's activities - ESEF format as of 12-31-2023.
Source: BSE (02.04.2024)

Bulgarian-American Credit Bank (BACB), in which the largest shareholder is Tsvetelina Borislavova directly and through her fund "CSIF", has reached an agreement to acquire Tokuda Bank. After the publication of the information, BAKB's shares jumped by 23.3% to BGN 9, giving it a market capitalization of BGN 222 million. The deal must receive approvals from the BNB and the CPC before being finalized. Both banks are among the relatively small players in the market with a total of less than 2% market share. Tokuda Bank is the smallest bank registered in Bulgaria with assets below BGN 0.5 billion, or below 0.3% market share. Only some branches of foreign financial institutions operating in the country have lower balance sheets. For 2023, it reports 18.2 million BGN net interest income and 7.5 million BGN profit - far above the usual levels, with the bank apparently benefiting from the current favorable environment. Its own capital is nearly BGN 50 million, with BGN 325 million in household deposits and just over BGN 100 million in company deposits. Its loan portfolio of BGN 260 million is mainly aimed at business (BGN 190 million). It is owned by the Japanese Tokushukai Incorporated - the corporation of the Japanese tycoon Torao Tokuda, which was the original investor in the country's first large private hospital, "Tokuda". Over the years, however, actual control of the bank has often been associated with various local economic groups. For BAKB, the acquisition will be a small addition to its almost BGN 2.8 billion assets, as the total transaction would move it to tenth place in terms of assets. For 2023, it reports almost BGN 55 million profit. After the eventual takeover of Tokuda by BAKB, 12 banks and 6 branches of foreign institutions will remain operating on the Bulgarian market.
Source: Capital (17.04.2024)

CB Bulgarian American Credit Bank AD-Sofia (BACB) Notification of an agreement reached between Bulgarian-American Credit Bank as purchaser and Tokushukai Incorporated as seller for the purchase of 6,796,250 book-entry registered voting shares, representing 99.94% of the capital of Tokuda Bank AD The acquisition of the shares is conditional upon receipt of all necessary regulatory approvals/clearances from the competent authorities.
Source: BSE (17.04.2024)

The managers of "Bulgarian-American Credit Bank" AD - Sofia propose an amount of BGN 19,753,050.40 from the net profit for 2023 to be distributed as a dividend or BGN 0.80 per share. The regular general meeting of shareholders of the credit institution scheduled for May 21 will take a decision on this. The remaining part of the net positive financial result, in the amount of BGN 35,146,141.76, will be transferred to the "Reserve" fund. "Bulgarian-American Credit Bank" reported a net profit of BGN 54,899,192.16 last year. From the net profit for 2022, in the amount of BGN 43,663,589.79, a dividend was paid in the total amount of BGN 2,469,131.30, or a gross amount of BGN 0.10 per share. BAKB's entire 2021 after-tax profit was deposited into the Reserve Fund. The largest shareholder in the bank is "SIESAYEF" AD, which is controlled by Tsvetelina Borislavova - chairperson of the bank's Supervisory Board. This shareholder has a share of 45.68 percent of the capital. LTBI Holdings LLC holds 35.74 percent, and Tsvetelina Borislavova personally owns 9.98 percent. BAKB's shares are traded on the Bulgarian Stock Exchange. Over the past twelve months, their quotes have grown significantly. From BGN 5.68 per share a year ago to BGN 9 at the moment. And the bank estimates this at BGN 222,221,817 market capitalization.
Source: Banker (22.04.2024)

CB Bulgarian American Credit Bank AD-Sofia (BACB) BCRA - Credit Rating Agency AD published information on 22 April 2024 about raising and confirming the ratings assigned to BACB.
Source: BSE (24.04.2024)

ÑB Bulgarian-American Credit Bank AD-Sofia (BACB) BAKB publishes its preliminary individual and consolidated financial statements as of March 31, 2024, together with the relevant Interim Activity Reports and Letter to Shareholders. The detailed information about the results is available via a link on the website of BAKB.
Source: BSE (02.05.2024)

ÑB Bulgarian-American Credit Bank AD-Sofia (BACB) BACB publishes a Report, Article 100b, Paragraph 8 of the Law on the Public Offering of Securities as of 31.03.2024, on the fulfillment of the obligations of "Bulgarian-American Credit Bank" AD (BACB AD or the Issuer) under the terms of the Issue of unsecured bonds, issued by "Bulgarian-American Credit Bank" AD, ISIN BG210002222, structured to meet the requirements for acceptable obligations in the sense of Chapter XIII, Section II of the Law on the Recovery and Restructuring of Credit Institutions and Investment Intermediaries.
Source: BSE (02.05.2024)

TÑ Bulgarian-American Credit Bank AD-Sofia (BACB) TÑ Bulgarian-American Credit Bank AD-Sofia presented a six-month report for the period 31-12-2023 -- 31-03-2024 on compliance with the issuer's obligations to bondholders for issue BG210002222.
Source: BSE (02.05.2024)

TÑ Bulgarian-American Credit Bank AD-Sofia (BACB) TÑ Bulgarian-American Credit Bank AD-Sofia presented a quarterly consolidated report for the First Quarter of 2024.
Source: BSE (02.05.2024)

TÑ Bulgarian-American Credit Bank AD-Sofia (BACB) TÑ Bulgarian-American Credit Bank AD-Sofia presented a quarterly report for the first quarter of 2024.
Source: BSE (02.05.2024)

Bulgarian-American Credit Bank: reports for 2023 a record high amount of profit of BGN 77,033 million, marking an even stronger annual growth of 67.9%, compared to the previous year 2022 (from 31.1%, at BGN 45.9 million operating profit). BAKB's net profit at the end of 2023 is a record in size and amounts to BGN 54,899 million after taxation, reporting a growth of 25%. The increase in the bank's assets is significant, reaching BGN 2,790,176 million by the end of 2023. A key factor for this is the attraction of new customers, including through digital channels and new platforms for digital products, as well as the development of business relationships with existing customers. During the period BAKB also recorded a serious increase in net interest income by 79%. The bank recorded an impressive growth of 47% in mortgage lending for citizens, which was determined by the low interest rates and attractive conditions offered to customers. Consumer loans also grew, leading to a significant expansion of the personal loans portfolio by a significant 31% at the end of the year.
Source: Standart (10.05.2024)

A modern sheep farm in the Govedarovo locality of the Hadjidimov village of Petrelik is for sale for BGN 1,253,460.48, or EUR 640,884. It includes an area of 19,540 square meters and several brick buildings with electrification and water supply. The sheep farm has a total built-up area of 2056 sq.m and it has separate rooms for lambs for fattening and for mother sheep with lambs up to 60 days old. It is being sold together with the right to build on the second stage of the unfinished project, which also includes the construction of a building for coaches. The property is being sold due to an outstanding mortgage loan of the owner, Dimitar Kalinov. The mortgage is in favor of the Bulgarian-American Credit Bank, and the imposed foreclosure is in favor of the bank and the individual Tonyu Nikolov Tonev from Dimitrovgrad. The debtor company is "Max-Stroy 91" EOOD with its headquarters in the village of Koprivlen in Hadjidimov.
Source: Struma - Blagoevgrad (13.05.2024)

CB Bulgarian American Credit Bank AD-Sofia (BACB) CB Bulgarian American Credit Bank AD notifies that the regular General Meeting of Shareholders held on 21 May 2024 decided to distribute dividends for 2023. The record of proceedings taken at the AGM, containing information about the decisions taken, will be disclosed within the statutory period.
Source: BSE (23.05.2024)

CB Bulgarian American Credit Bank AD-Sofia (BACB) The regular General Meeting of Shareholders of CB Bulgarian American Credit Bank dated 21 May 2024 passed the following resolutions: - Adoption of the 2023 individual and consolidated activity reports of the managing bodies - Adoption of the 2023 individual and consolidated annual financial reports of the company - Adoption of the reports of the registered auditor on the verification of the 2023 individual and consolidated annual financial reports - Adoption of the report of the Audit Committee for 2023 - Adoption of the report of the Investor Relations Director for 2023 - Adoption of the 2023 annual report of the Internal Audit Unit - Adoption of the report on the implementation of the remuneration policy for the members of the managing bodies - Release from liability of the members of the managing bodies for their activity in 2023 - Election of a registered auditors for 2024 - Amendments to the Statutes of the company - Distribution of the 2023 after-tax profit of BGN 54,899,192.16 as follows: 1) BGN 19,753,050.40 to be distributed as a dividend to the shareholders at BGN 0.80 gross dividend per share 2) Allocating the remaining part of the profit, namely BGN 35,146,141.76, to the Reserve Fund - Determination of the remuneration to the members of the managing bodies - Determination of the guarantee for the management to the members of the managing bodies The right to a dividend will be entitled to all shareholders registered with the central securities register on the 14th day following the GMS date, i.e. by 04 June 2024 (Record Date). The final date for transacting shares of this company on the Exchange, so the holder shall be entitled to receive a dividend, will be 31 May 2024 (Ex-Dividend Date: 03 June 2024).
Source: BSE (28.05.2024)

BAKB will pay a dividend of BGN 0.80 per share for 2023. Bulgarian-American Credit Bank (BACB) will pay a gross dividend per share of BGN 0.80, the bank announced. A total of BGN 19,753,050.40 will be distributed from the profit for 2023. The decision was taken during the general meeting of shareholders held on May 21. BAKB pays a dividend for the second time since its establishment in 1995. Last year, the financial institution paid a dividend of BGN 0.10, or a total of over BGN 2.469 million. BAKB's net profit at the end of 2023 is BGN 54.899 million after tax, reporting a growth of 25% compared to the previous year, the bank said. The remaining part of the profit after distribution of the dividend is in the amount of BGN 35,146,141.76 and will be fully transferred to the "Reserve" fund. In April, it became clear that BAKB had reached an agreement with Tokushukai Inc. for the acquisition of Tokuda Bank. The deal is for 6,796,250 shares of Tokuda Bank's capital, or a 99.94% stake. The assets of the Bulgarian-American Credit Bank for 2023 amount to almost BGN 2.8 billion, the income from interest is just under BGN 100 million, and from fees and commissions – nearly BGN 15 million. The net profit of BAKB in the first quarter of this year was BGN 16.332 million after taxation and increased by 54.24% on an annual basis.
Source: investor.bg (29.05.2024)

TÑ Bulgarian-American Credit Bank AD (BACB) At the General Meeting of Shareholders of TÑ Bulgarian-American Credit Bank AD held on 21.05.2024, a decision was made to distribute a dividend for 2023, as follows: - Gross dividend per share: BGN 0.80. - Starting date for dividend payment: 27.06.2024 - Method of dividend payment: through the Central Depository AD and TB Bulgarian-American Credit Bank AD; - Final date for dividend payment through the offices of TB Bulgarian-American Credit Bank AD: 23.12.2024. The right to receive a dividend belongs to the persons registered in the central register of securities as those with the right to a dividend on the 14th day after the day of the AGM, or as of 06/04/2024. The last date for concluding transactions with shares of this company on the Exchange, as a result of which the acquirer has the right to a dividend, is 31.05.2024.
Source: BSE (30.05.2024)

"Bulgarian-American Credit Bank" AD (BAKB) issued a new issue of subordinated, unsecured bonds in the total amount of 15,000,000 euros, with ISIN BG2100017248. The initial sale of the bonds took place on June 3 under the terms of the offer, for which no publication of a prospectus is necessary, in accordance with Art. 205, para. 2 of the Commercial Law (not under the conditions of a public offering) to a limited number of persons: under 150 persons - a predetermined circle of investors. The bonds are ordinary, interest-bearing, non-cash, registered in "Central Depository" JSC, freely transferable, unsecured, non-convertible, subordinated, structured to meet the requirements for Tier 2 capital of BAKB according to Article 63 of Regulation (EU) No. 575/2013 . Total nominal and issue value of the issue is EUR 15,000,000. It has a term and maturity of the principal after 120 months, counted from the date of issue, i.e. payment deadline – June 3, 2034. The issue bears a fixed annual interest rate of 8 percent for its entire term, payable in annual coupon (interest) payments calculated on the basis of simple interest for the individual annual periods on the face/residual value of each bond. Payment of the principal of the bonds will be made once in euros on the maturity date of the issue - June 3, 2034. The bonds issued by BAKB are unsecured, respectively, the claims of the bondholders for principal and/or interest are not secured, are not subject to a guarantee or any other agreement that increases the rank of the claims. The bonds are not guaranteed by the Bank Deposit Guarantee Fund under the Bank Deposit Guarantee Act.
Source: Banker (05.06.2024)

CB Bulgarian American Credit Bank AD-Sofia (BACB) Information about the issuance of a bond issue on 03 June 2024 by Bulgarian-American Credit Bank
Source: BSE (05.06.2024)

TB Bulgarian-American Credit Bank AD-Sofia (BACB) With a decision dated 10.06.2024, the Financial Markets Authority of the Republic of Austria (Finanzmarktaufsicht Osterreich) has approved the Prospectus for admission to trading on a regulated market of an issue of unsecured subordinated bonds issued by Bulgarian-American Credit Bank AD, structured to meet the capital requirements of the second order according to Article 63 of Regulation (EU) No. 575/2013, ISIN code BG2100017248, in the total amount of EUR 15,000,000. The bond issue is in the process of applying for admission to trading on the Official Market (Amtlicher Handel) of the Vienna Stock Exchange, and BAKB has the right to apply for the issue to be admitted to trading on the Bond Segment of the BSE.
Source: BSE (11.06.2024)

BSE AD has received an application for admission to trading of the Bond Segment, as follows: - Issuer: TB Bulgarian-American Credit Bank AD; - ISIN code of the issue: BG2100017248; - Amount of issue: 15,000,000 euros; - Nominal value of one bond: 100,000 euros; - Assigned stock code: BAMC
Source: BSE (13.06.2024)

CB Bulgarian American Credit Bank AD-Sofia (BAMB) In view of a forthcoming interest payment on an issue of bonds, please, be informed of the following: - Issuer: CB Bulgarian American Credit Bank AD-Sofia - BSE code: BAMB - ISIN: BG2100022222 - Date of interest payment: 23.06.2024 - Coupon rate: 5 % - All bondholders registered with the Central Depository as of 17.06.2024 (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 13.06.2024 (Ex Date: 14.06.2024).
Source: BSE (13.06.2024)

TB Bulgarian-American Credit Bank AD (BAMC) Notice of the first general meeting of bondholders held on 18.06.2024 from the issue of bonds with ISIN BG2100017248 issued by TB Bulgarian-American Credit Bank AD.
Source: BSE (20.06.2024)

ÑB Bulgarian-American Credit Bank AD (BAMC) On June 18, 2024, the Vienna Stock Exchange (Wiener Boerse) admitted to trading on the Official Market ("Amtlicher Handel") the issue issued by Bulgarian-American Credit Bank AD unsecured, subordinated bonds structured to meet Tier 2 capital requirements pursuant to Article 63 of Regulation (EU) No. 575/2013 on prudential requirements for credit institutions and investment intermediaries and amending Regulation (EU) No. 648/2012, ISIN BG2100017248, in the amount of 15,000,000 euros. The start date of the introduction to trading on the Vienna Stock Exchange (Wiener Boerse) is June 21, 2024. From this date, information about the bond issue admitted to trading will be available on the official website of the Vienna Stock Exchange, at the following link: www.wienerborse.at , by entering the ISIN code in the search field.
Source: BSE (20.06.2024)

A private bailiff makes another attempt to sell Berkut Spa Hotel. The property includes 18 single-family houses, a sports complex with a restaurant and an indoor swimming pool. The starting price of the public sale is BGN 6,418,070.21, which is nearly BGN 400,000 less than the previous one. The owner of the property and debtor in the execution case is "Sporttur" Ltd, which is under the umbrella of "K-I Invest Holding" Ltd. There are encumbrances imposed on the hotel. It is mortgaged in the Bulgarian-American Credit Bank /BAKB/. The first attempt to sell the property was in 2019. Then the starting price was BGN 4,811,961. Five years later, the value increased many times because of the 18 buildings included. ?SI separately announced an auction for a dozen trucks owned by "Kaven Iradis" Ltd.
Source: Maritsa (27.06.2024)

At a meeting held by the Board of Directors of the BSE under Protocol No. 47/27.06.2024, 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: TB Bulgarian-American Credit Bank AD; - Type of bonds: ordinary, interest-bearing, non-current, freely transferable, unsecured, non-convertible, subordinated, structured to meet BACB's Tier 2 capital requirements according to Art. 63 of Regulation (EU) No. 575/2013; - ISIN code of the issue: BG2100017248; - Exchange code of the issue: BAMC; - CFI issue code: DBFUFR; - Amount of issue: 15,000,000 euros; - Number of bonds: 150; - Nominal value of one bond: 100,000 euros; - Currency of issue: euro; - Trading currency: euro; - Date of introduction for trading: 01.07.2024 (Monday); - Closing date for trading: 26.05.2034; - 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 fourth in a row issued by the issuer; - Date of issue: 06/03/2024; - Maturity date: 06/03/2034; - Maturity: 120 months, starting from the issue date; - Annual interest rate: fixed annual interest rate of 8.00%; - Interest convention: ACT/365L; - Repayment of the loan: once on the due date; - Interest payment period: 12-month with fixed date of interest payments as follows: 06/03/2025 06/03/2026 06/03/2027 06/03/2028 06/03/2029 06/03/2030 06/03/2031 06/03/2032 06/03/2033 06/03/2034 * Persons registered in the central register of securities as bondholders are entitled to interest payment 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 payment, which coincides with the maturity date of the issue. - Trustee of the bondholders: none ISSUER INFORMATION: - Latin name: Bulgarian American Credit Bank AD; - Headquarters: Sofia, Slavyanska St. 2; - EIK: 121246419; - LEI code: 529900UTZ5VF4APIJR57; - Address for correspondence: Sofia, Slavyanska St. 2; - Tel.: (+359 2) 905 83 33; - E-mail: ir@bacb.bg; - Website: www.bacb.bg; - Representing: Ilian Georgiev, CEO, Loreta Grigorova, Executive Director, Alexander Dimitrov, Executive Director. Always jointly by any two of the Chief Executive Officer and the Executive Directors; - Contact person: Petar Nikolov; - Disclosure Media: www.x3news.com; - Subject of activity (Class under KID-2008): 6419 – Other monetary intermediation
Source: BSE (28.06.2024)

ÑB Bulgarian-American Credit Bank AD (BACB) Notification regarding the decision of the Board of Directors of the Bulgarian Stock Exchange AD, with which the issue of unsecured, subordinated bonds issued by BAKB, structured to meet the requirements for Tier 2 capital pursuant to Article 63, is admitted to trading on the "Bond Segment" of the Main Market of Regulation (EU) No. 575/2013, ISIN BG2100017248, in the amount of EUR 15,000,000. The issue is assigned the stock exchange code VAMS. The start date of the introduction to trading is 01 July 2024.
Source: BSE (01.07.2024)

The Commission for the Protection of Competition (CPC) is starting to check whether the sale of the Japanese Tokuda Bank to the Bulgarian-American Credit Bank is admissible. Tokuda Bank is owned by Tokushukai Incorporated - the corporation of the Japanese tycoon Torao Tokuda, who was also an investor in the first private hospital in Bulgaria - "Tokuda". The data of the Bulgarian National Bank also show that the two banks mainly lend to business customers, but Tokuda Bank has attracted more deposits from households. In total, their share of assets is just under 2%, which would place the merged bank in 10th place. The acquisition is also subject to approval by the BNB.
Source: economic.bg (01.07.2024)

CB Bulgarian American Credit Bank AD (BACB) On 26 June 2024, the updated By-laws of Bulgarian American Credit Bank with the amendments and supplements approved by the General Meeting of Shareholders of 21 May 2024 were published in the Commercial Register.
Source: BSE (03.07.2024)

The Commission for the Protection of Competition allowed "Bulgarian-American Credit Bank" AD to acquire direct sole control over "Tokuda Bank" AD. The deal was agreed upon in mid-April this year. From the notifications received for it, it became clear that they must change their ownership of 6,796,250 non-available registered shares with voting rights and a nominal value of BGN 10 each. This means a nominal value of the transaction of nearly BGN 68 million. The two banks belong to the so-called second group in terms of assets. As of March 31, those of BAKB are BGN 2.88 billion, and those of Tokuda Bank - BGN 498 million. For comparison, the assets of the market leader UBB amount to BGN 34.6 billion. As part of its analysis, the commission has established that by 2023 the total market share of the participants in the concentration will not exceed 5% in wholesale and retail banking, payment services and those related to financial markets. The commission has ordered immediate implementation of the decision, which can be appealed in court.
Source: money.bg (25.07.2024)

CB Bulgarian American Credit Bank AD (BACB) On 24 July 2024, the Commission for Protection of Competition published on its website its decision to allow the concentration between undertakings through the acquisition by Bulgarian-American Credit Bank AD of direct sole control over Tokuda Bank AD.
Source: BSE (26.07.2024)

CB Bulgarian American Credit Bank AD (BAMC) Concerning the bond issued by Bulgarian-American Credit Bank, ISIN BG2100017248, admitted to trading on regulated markets in two member states - Austria and Bulgaria, BACB chooses Bulgaria as a “Member State of Origin” within the meaning of Art. 100j (2) of the POSA. BACB will disclose the regulated information under POSA in Bulgarian and English.
Source: BSE (29.07.2024)

ÑB Bulgarian-American Credit Bank AD (BACB) ÑB Bulgarian-American Credit Bank AD presented a quarterly report for the Second Quarter of 2024.
Source: BSE (31.07.2024)

TB Bulgarian-American Credit Bank AD (BACB) TB Bulgarian-American Credit Bank AD presented a quarterly consolidated report for the Second Quarter of 2024.
Source: BSE (31.07.2024)

ÑB Bulgarian-American Credit Bank AD (BAMB) ÑB Bulgarian-American Credit Bank AD presented a six-month report for the period 03-31-2024 -- 06-30-2024 for compliance with the issuer's obligations to bondholders for issue BG2100022222.
Source: BSE (31.07.2024)

ÑB Bulgarian-American Credit Bank AD (BAMC) ÑB Bulgarian-American Credit Bank AD presented a six-month report for the period 03-31-2024 -- 06-30-2024 for compliance with the issuer's obligations to bondholders for issue BG2100017248.
Source: BSE (31.07.2024)

CB Bulgarian American Credit Bank AD (BACB) BACB published and disclosed reports under Art. 100b (8) of the Public Offering of Securities Act for the fulfilment of the obligations of BACB under the terms and conditions of an issue of unsecured bonds issued by the Bank (BSE code - BAMB), ISIN BG2100022222, and an issue of unsecured T2 notes issued by the Bank (BSE code - BAMC), ISIN BG2100017248.
Source: BSE (01.08.2024)

CB Bulgarian American Credit Bank AD (BACB) BACB published its preliminary individual and consolidated financial reports as of 30 June 2024 along with the respective Interim activity reports and Letter to the shareholders. For more details on these results, please visit the BACB website.
Source: BSE (01.08.2024)

As of June 30, 2024, 23 banks operate in Bulgaria's banking sector, 6 of which are branches of foreign credit institutions. On April 16, 2024, an agreement was concluded between the Bulgarian-American Credit Bank AD (BAKB) and Tokushukai Inc. for the purchase of 99.4% of the capital of Tokuda Bank AD by BAKB. Total assets of the banking system as of June 30, 2024 amounted to BGN 178.4 billion, marking an increase of 1.18% compared to March 31, 2024. The share of the five largest banks based on total assets in the banking system amounted to 76.18% as of June 30, 2024 United Bulgarian Bank AD remains in the leading position with assets in the amount of BGN 34.8 billion or 19.53% market share, marking a growth of 0.48% in assets compared to March 31, 2024. DSK Bank AD is in second position with 19.20% market share and growth in assets of 2.15% compared to the previous quarter. In third position is Unicredit Bulbank AD with a market share of 17.91% and a decrease in assets of 2.14% compared to March 31, 2024. The fourth and fifth positions, unchanged compared to March 31, 2024, are respectively occupied by Eurobank Bulgaria AD and First Investment Bank AD. The banks' net assets as of June 30, 2024 amounted to BGN 21.1 billion, marking an increase of 2.19% compared to March 31, 2023. DSK Bank AD remains in the leading position in this indicator, and as of June 30, 2024 its net assets assets show a growth of 6.01% compared to March 31, 2024. A growth of 3.46% in net assets was registered by United Bulgarian Bank AD as of June 30, 2024, and it climbed to second place according to this indicator. In third place is Unicredit Bulbank AD, reporting a decrease of 5.49% compared to March 31, 2024. Eurobank Bulgaria AD continues to occupy fourth position, reporting a growth in net assets of 3.86% compared to March 31, 2024. First Investment Bank AD remains at fifth position with a growth in net assets of 1.51% compared to March 31, 2024. The net interest income (calculated on the basis of Interest income - Interest expenses) as of the second quarter of 2024 amounted to BGN 2.73 billion, marking a growth of 20.36% compared to BGN 2.27 billion as of June 30 of the previous year. DSK Bank AD remains in the first position for the first half of 2024 with net interest income of BGN 628 million and a market share of 22.99%, reporting a growth in net interest income of 22.48% compared to the same period in 2023. United Bulgarian Bank AD occupies the second position with an income of BGN 399 million, equal to 14.59% of the total net interest income in the sector and a 13.21% growth compared to the bank's net interest income for the same period of the previous year. In third position in terms of net interest income for the first six months of 2024 is Unicredit Bulbank AD with net interest income in the amount of BGN 392 million, marking a growth of 20.33% compared to the same period in the previous year. Eurobank Bulgaria AD remains in fourth position with net interest income of BGN 383 million and 37.06% growth compared to June 30, 2023. First Investment Bank AD occupies the fifth position, recording a growth in income of 15.75% compared to June 30, 2023. The net profit of the banking system increased by 7.14%, reaching BGN 1.81 billion for the first half of 2024, compared to BGN 1.69 billion for the same period in 2023. DSK Bank AD occupies the leading position with a profit of 503 million BGN or 27.82% share of the profits in the sector, reporting a growth of 12.44% compared to the same period of 2023. Unicredit Bulbank AD is in the second position in terms of profit share in the sector, namely 24.97%, reporting a growth of 0.37% and registering a profit of BGN 452 million for the first six months of 2024 compared to BGN 450 million for the same period in 2023. United Bulgarian Bank AD registered a growth of 7.44% in its profit for the first six months of 2024 .compared to the same period of 2023 and reaches BGN 232 million, retaining its third position with a 12.79% share in the sector's profits. Eurobank Bulgaria AD remains in fourth position with a profit of BGN 187 million and a market share of 10.31% for the first six months of 2024. Central Cooperative Bank AD climbs to fifth position with a profit of BGN 53 million for the first six months of 2024 , registering an increase of 27.96% compared to the same period of 2023. The return on assets (calculated on the basis of Net profit / Total assets) amounts to 1.01% in total for the banking system for the first six months of 2024 compared to 1.05% for the same period of 2023. According to this indicator, Varengold Bank AG, Sofia Branch stands in the top position with 2.15%, marking an increase over the previous year when the return on assets was 0.79%. TJ Ziraat Bankas - Sofia Branch occupies the second position with 1.94% return on assets for the first six months of 2024 compared to 1.07% for the same period of 2023. TBI Bank EAD with 1.62%, Citibank Europe AD - Branch Bulgaria with 1.49% and Bank DSK AD, which occupies fifth place with 1.47%. Return on equity (calculated on the basis of Net profit / Equity, with the ranking excluding branches of foreign banks), decreased to 8.45% for the first half of 2024, compared to 8.95% for the same period in 2023. With the highest return of equity is Unicredit Bulbank AD with 12.45%, and in second place is DSK Bank AD with 11.4%, followed by International Asset Bank AD with 11.27%, Targovska Banka D AD with 11.24% and Procredit Bank (Bulgaria) EAD with 10.57 %. The efficiency ratio (calculated on the basis of the ratio of administrative expenses to total net operating income) amounted to 30.57% for the second quarter of 2024 and remained almost unchanged compared to the same period in 2023, when its value was 30.59% . In the leading position according to this indicator for the second quarter of 2024 is Unicredit Bulbank AD with 19.56% compared to 21.83% for the same period in 2023. Te-J Ziraat Bankas - Sofia Branch is in second position, reporting an improvement in efficiency from 29.09 % for the second quarter of 2023 to 22.18% for the same period of the current year. DSK Bank AD is in third position, reporting a drop in efficiency from 23.47% in the second quarter of 2023 to 24.22% for the same period in 2024. Followed by Investbank AD and Allianz Bank Bulgaria AD in fourth and fifth positions, respectively.
Source: Banker (21.08.2024)

The dividend from "DSK Bank", "Unicredit Bulbank" and "BAKB" for 2023 is over BGN 1.2 billion "DSK Bank", "UniCredit Bulbank" and "Bulgarian-American Credit Bank" (BACB) once again distributed a dividend to their shareholders from the net profit for 2023. As a result of the decisions of the general meetings, the three banks will pay their shareholders a total of BGN 1.20 billion for last year. The shareholders of DSK Bank AD are the most satisfied. A total of BGN 558,373,000.78 of the profit realized in 2023 will enter their portfolios. Part of the net profit for 2022, amounting to BGN 250,000,000 after taxes, was also distributed in the form of a dividend. The regular annual general meeting of "UniCredit Bulbank" AD distributed 65% of the profit for 2023, after taxation, as dividends to the shareholders for 2023, in proportion to the number of shares owned by them. It is about BGN 524.35 million, which is a record amount for the bank. The gross amount of the dividend is BGN 1.83 for one ordinary share with a nominal value of BGN 1. The payout started on May 31. The remaining BGN 282.3 million from the positive financial result will remain as retained earnings. "UniCredit Bulbank" allocates BGN 465,884,941.70 from the profit for 2022 for payment to the holders of such papers, in proportion to the number of shares owned by them. The gross amount is BGN 1.63 for one ordinary share with a nominal value of one BGN. "Bulgarian-American Credit Bank" AD - Sofia distributed an amount of BGN 19,753,050.40 from the net profit for 2023 as a dividend or BGN 0.80 per share. A decision to this effect was voted by the regular general meeting of shareholders of the credit institution. The remaining part of the net positive financial result, in the amount of BGN 35,146,141.76, is transferred to the "Reserve" fund. "Bulgarian-American Credit Bank" reported a net profit of BGN 54,899,192.16 last year. From the net profit for 2022, which is in the amount of BGN 43,663,589.79, a dividend was paid in the total amount of BGN 2,469,131.30, or a gross amount of BGN 0.10 per share. BAKB's entire 2021 after-tax profit was deposited into the Reserve Fund. The largest shareholder in the bank is "SIESAYEF" AD, which is controlled by Tsvetelina Borislavova - chairperson of the bank's Supervisory Board. This shareholder has a share of 45.68 percent of the capital. LTBI Holdings LLC holds 35.74 percent, and Tsvetelina Borislavova personally owns 9.98 percent. The rest of the voting papers are owned by smaller investors.
Source: Banker (10.09.2024)

The Bulgarian institutions fell into complete silence about the Bulgarian connection in the case of the closed Austrian bank Euram Bank. It ceased operations after Austria's Financial Market Supervisory Authority (FMA) accused it of breaching anti-money laundering and terrorist financing laws. According to an investigation by the Austrian magazine "Profil", one of the 12 shareholders in the bank, with 9.9% of the capital, is Tsvetelina Borislavova, who in our country is the head of supervision, as well as among the actual owners of the Bulgarian-American Credit Bank (BAKB). l. Der Standard reported that the Austrian Federal Criminal Service will check all customers with guaranteed deposits at Euram Bank. The deposit guarantee scheme is expected to pay out ˆ36 million to 750 customers, but 326 of them are suspected of money laundering. Therefore, the payment will be made after verification by the Financial Intelligence Unit, although according to European legislation, guaranteed deposits are paid out in the shortest possible time - after 7 days. Euram Bank (European American Investmentbank AG) is a small Austrian bank that, since its foundation in 1999, has offered services mainly to millionaires and family companies, including in German, Russian and Bulgarian. The bank managed assets of a total value of EUR 1.2 billion in 2021, and its own assets amounted to EUR 720.6 million. The main focus of Euram Bank's activity is real estate transactions. The FMA sanctioned itfor failings in anti-money laundering procedures by banning the bank's new operations. The second reason is that the need for huge write-downs on the bank's loan portfolio has been identified, stemming from its lending practices in recent years. The decision to liquidate the bank was made by the shareholders after they failed to fulfill the order to increase its capital by 25 million euros.
Source: mediapool.bg (23.10.2024)

ÑB Bulgarian-American Credit Bank AD (BACB) ÑB Bulgarian-American Credit Bank AD publishes its preliminary individual and consolidated financial statements as of 30.09.2024, together with the relevant Interim Activity Reports and Letter to Shareholders.
Source: BSE (31.10.2024)

TB Bulgarian-American Credit Bank AD (BACB) TB Bulgarian-American Credit Bank AD notifies about published reports under Art. 100b, para. 8 of the Civil Procedure Code as of 30.09.2024 for the fulfillment of the obligations under the terms of the issue of unsecured bonds with ISIN BG2100022222 and stock code VAMV, and the issue of unsecured bonds with ISIN code BG2100017248 and stock code BAMC.
Source: BSE (31.10.2024)

CB Bulgarian American Credit Bank AD (BAMC) Semi-annual report as of 30 September 2024 on compliance with the terms of the bond issue of the bank, ISIN BG2100017248
Source: BSE (31.10.2024)

CB Bulgarian American Credit Bank AD (BAMB) Semi-annual report as of 30 September 2024 on compliance with the terms of the bond issue of the bank, ISIN BG2100022222
Source: BSE (31.10.2024)

ÑB Bulgarian-American Credit Bank AD (BACB) ÑB Bulgarian-American Credit Bank AD presented a quarterly consolidated report for the Third Quarter of 2024.
Source: BSE (31.10.2024)

ÑB Bulgarian-American Credit Bank AD (BACB) ÑB Bulgarian-American Credit Bank AD presented a quarterly report for the Third Quarter of 2024.
Source: BSE (31.10.2024)

In the third quarter, the loan portfolio of the Bulgarian-American Credit Bank (BACB) grew by a net 0.45% compared to April-June this year. Thus, the amount reaches BGN 1.69 billion. The bank notes that the total net growth of newly granted loans in the third quarter was 1.62 percent. In the case of small and medium enterprises and corporate clients at the end of September, the net increase was 0.83%, and the total size of the portfolio in the segment was BGN 1.05 million. Its share of the bank's total loan portfolio grew slightly to 65.33% from 65.08% at the end of the second quarter. Regarding the funds raised by small and medium-sized enterprises and corporate clients, their total amount is BGN 446.55 million, which is a decrease of 5.6% compared to June. The data show a drop on a quarterly basis by 13.29% in term deposits, and in sight funds the decrease is by 3.64%). This is the result of movements of individual large depositors, the bank notes. Despite the challenging financial conditions of inflation and slowing economic growth, there is a reduction in the problematic exposures of companies in BAKB's portfolio, which is 1.53% at the end of the third quarter compared to April-June this year. Thus, as a share of the total loan portfolio, problem exposures in the bank are decreasing and amount to 6.66% on a quarterly basis. The bank notes that this is a consequence of the actions of the units that work on their collection and the anticipatory growth of regular new exposures. In the third quarter, the "Retail Banking" business line, which manages the segment of individual clients in BAKB, reported good results in credit activity. The bank notes that low-risk mortgage loans grew by 2.91% compared to the second quarter. There is growth in mortgage lending, which is the result of the bank's individual approach to clients. Consumer loans grew by 3.61% on a quarterly basis.
Source: Banker (11.11.2024)

"Ivkoni" also attacked the railways after taking over the buses Bulgaria is preparing to liberalize passenger transportation by rail, with the monopoly of the state-owned company "BDZ Passenger Transport" expected to fall from 2026. After "PIMK Rail Express" - Plovdiv and "Railimpex" from Stara Zagora, a third participant has already submitted documents to the Executive Agency "Railway Administration" to obtain a license. - "Ivkoni Express" The company "Ivkoni Express" EAD was registered with a capital of 200,000 leva in June 2024 with the purpose of carrying out railway transportation of passengers and cargo in the country and abroad, as well as providing or renting locomotives and wagons. The company is managed by a 3-member board of directors. Its chairman is Ivaylo Dimitrov Stoyanov, and Teodora Rumenova Veleva is his deputy. Georgi Atanasov is the executive director. The owner of "Ivkoni Express" - 38-year-old Georgi Atanasov is listed as one of the actual owners of the bus company "Union Ivkoni". Two companies with his participation hold its capital. 86 percent belongs to "Transpekt", where Atanasov has 50% and which fully owns "Group Plus" EOOD, which in turn has 14% of "Transpekt". In 2018, the two largest carriers in our country - "Union Ivkoni" and "Group Plus", were acquired by the newly registered company "Transpekt", in which Atanasov holds half of the shares. Before that, he was a manager at "Union Ivkoni". The other half of the shares in "Transpekt" belong to Stoyan Yordanov Dinev. A year later - in January 2019, "Transpekt" received two loans from the state-owned Bulgarian Development Bank for a total of over 41 million euros with a repayment term of about 9 years each. The first loan of over 29 million euros was used to purchase the two largest bus companies on the market. Over 14.3 million euros were paid to Ivaylo Konstantinov, a former GERB MP who held 49% of the capital of Union Ivkoni until 2019. Nearly 1.9 million euros were paid to Sintetika AD for the remaining 51% of Union Ivkoni, which is a strangely low price compared to what was paid to Konstantinov. Up to 12.2 million euros were paid for the purchase of Group Plus EOOD by Galya Topalova and Mineralna Voda - Kom. The second loan from BDB is for 12.6 million euros. The largest amount of nearly 6.7 million euros went to repay the company's debts to the Bulgarian-American Credit Bank and Municipal Bank. With another part of the loan - up to 5.2 million euros, debts to the National Revenue Agency, Toro Cars, Eurolease Auto, Sintetika and individuals were repaid. Buses were purchased with 682,124 euros. The repayment plan provides for monthly payments of 83,000 euros on one loan and another 200,000 euros on the other. The large payment is left for the last installment, which is in 2029. Then 5.8 million euros must be paid on one loan, and 3.7 million euros on the other. Over the past three years, Union Ivkoni's revenues have been growing. From 33 million leva in 2021, they exceeded 47.3 million leva in 2023. After two years of losses, in 2023 the company made a profit of 2 million leva. The company employs about 560 employees.
Source: mediapool.bg (09.12.2024)

CB Bulgarian American Credit Bank AD (BAMB) In view of a forthcoming interest payment on an issue of bonds, please, be informed of the following: - Issuer: CB Bulgarian American Credit Bank AD - BSE code: BAMB - ISIN: BG2100022222 - Date of interest payment: 23.12.2024 - Coupon rate: 5 % - 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)