Fibank has already a prospectus submitted to FSC for its plan to raise BGN 200 million from the stock exchange First Investment Bank (FIB) has already prepared and submitted a prospectus for approval. This became clear from the decision of the Financial Supervision Commission, by which the regulator sends a letter to the bank requesting additional information and documents. This means that FIB could even have an approved prospectus within January and complete the capital increase in the first quarter. This action has been demanded by the Finance Minister’s stated expectations that by the end of April Bulgaria would succeed in joining the ERM II and the Banking Union. The last major obstacle to this is the assessment by the European Central Bank of the extent to which the two banks with an identified capital shortfall in the summer - Fibank and Investbank - have fulfilled their six-month capital appreciation plans. At the same time, Investbank is clearly working in this direction, as on February 10, its shareholders will decide to convert BGN 39.2 million of subordinated debt into shares, as well as to increase the capital by BGN 22 million. According to FIBank’s initial announcement from December 20, , the capital shortfall after the ECB check was EUR 262 million, and the bank intends to increase its capital by BGN 200 million. For this purpose, it has envisaged that 40 million new shares will be issued with a nominal value of BGN 1, but will be offered for BGN 5 each issue value.
Source: Capital (13.01.2020)

With regard to the provisions of Art. 8, paragraph 1, item 1 of Ordinance #16 of FSC, on 20.01.2020 the following financial instruments may be pledged as collateral for margin trades and short sales: Code Name Avg.trading Value Traded days Avg. number of trades Free float 5DOV Doverie United Holding PLC-Sofia 15961.55 20 37.50 50.63 5F4 CB First Investment Bank AD-Sofia 15384.15 19 15.55 15.00 6C4 Chimimport AD-Sofia 31206.05 20 26.90 18.44
Source: BSE (20.01.2020)

Fibank reports over 20% decline in profit for 2019 to BGN 130 million First Investment Bank (FIB) will close 2019 with about BGN 130 million in profit, which is a drop of more than 20% compared to BGN 164 million reported in 2018. This became clear from preliminary data announced by the credit institution, which is not a common practice for it. The results for both 2018 and 2019 are strongly influenced by one-off effects. Last year, the ECB noted a EUR 263 million capital shortfall in Fibank, which it should have addressed, and for that purpose it sold a package of bad loans with a nominal value of BGN 538 million. The announcement does not make clear what effect this operation has had on the bank's performance, but it may have contributed to the profit, as it was only BGN 64.7 million by the first nine months. Despite the sold portfolio, the bank’s assets rise for the first time above BGN 10 billion, which is an 8.9% growth on an annual basis. As of September 2019, its balance sheet total was BGN 9.6 billion, which means it recorded an increase of BGN 400 million in the last quarter alone.
Source: Capital (21.01.2020)

With regard to the provisions of Art. 8, paragraph 1, item 1 of Ordinance #16 of FSC, on 21.01.2020 the following financial instruments may be pledged as collateral for margin trades and short sales: Code Name Avg.trading Value Traded days Avg. number of trades Free float 5DOV Doverie United Holding PLC-Sofia 15038.20 20 37.25 50.63 5F4 CB First Investment Bank AD-Sofia 15484.15 19 16.30 15.00 6C4 Chimimport AD-Sofia 29859.15 20 26.45 18.44
Source: BSE (21.01.2020)

CB First Investment Bank AD-Sofia (5F4) First Investment Bank AD reports on successful 2019
Source: BSE (21.01.2020)

With regard to the provisions of Art. 8, paragraph 1, item 1 of Ordinance #16 of FSC, on 22.01.2020 the following financial instruments may be pledged as collateral for margin trades and short sales: Code Name Avg.trading Value Traded days Avg. number of trades Free float 5DOV Doverie United Holding PLC-Sofia 15112.60 20 38.15 50.62 5F4 CB First Investment Bank AD-Sofia 15602.35 19 16.65 15.00 6C4 Chimimport AD-Sofia 30063.75 20 26.70 18.44
Source: BSE (22.01.2020)

CB First Investment Bank AD-Sofia (5F4) First Investment Bank hereby informs the public that by resolution of the Supervisory Board of the Bank Mr Nikola Bakalov has been appointed member of the Managing Board of First Investment Bank, and by resolution of the Managing Board he has been appointed Executive Director and Chief Retail Officer.
Source: BSE (22.01.2020)

With regard to the provisions of Art. 8, paragraph 1, item 1 of Ordinance #16 of FSC, on 23.01.2020 the following financial instruments may be pledged as collateral for margin trades and short sales: Code Name Avg.trading Value Traded days Avg. number of trades Free float 5DOV Doverie United Holding PLC-Sofia 14441.60 20 36.55 50.61 5F4 CB First Investment Bank AD-Sofia 15553.65 19 16.50 15.00 6C4 Chimimport AD-Sofia 30037.35 20 26.55 18.44
Source: BSE (23.01.2020)

With regard to the provisions of Art. 8, paragraph 1, item 1 of Ordinance #16 of FSC, on 24.01.2020 the following financial instruments may be pledged as collateral for margin trades and short sales: Code Name Avg.trading Value Traded days Avg. number of trades Free float 5DOV Doverie United Holding PLC-Sofia 12948.75 20 33.40 50.60 5F4 CB First Investment Bank AD-Sofia 15477.00 18 16.30 15.00 6C4 Chimimport AD-Sofia 30186.85 20 26.60 18.44
Source: BSE (24.01.2020)

With regard to the provisions of Art. 8, paragraph 1, item 1 of Ordinance #16 of FSC, on 27.01.2020 the following financial instruments may be pledged as collateral for margin trades and short sales: Code Name Avg.trading Value Traded days Avg. number of trades Free float 5DOV Doverie United Holding PLC-Sofia 12006.15 20 30.20 50.60 5F4 CB First Investment Bank AD-Sofia 12114.40 18 16.80 15.00 6C4 Chimimport AD-Sofia 25017.05 20 24.70 18.44
Source: BSE (27.01.2020)

CB First Investment Bank AD-Sofia (5F4) First Investment Bank submitted to FSC prospectus for the offering of new shares
Source: BSE (31.01.2020)

CB First Investment Bank AD-Sofia (5F4) The report can be found on the financial web-site X3News
Source: BSE (03.02.2020)

CB First Investment Bank AD-Sofia (5F4) First Investment Bank informs the public that Nikola Bakalov was registered as a member of the Managing Board and executive director of First Investment Bank on 07 February 2020 in the Commercial Register and Register of NPLE with the Registry Agency.
Source: BSE (11.02.2020)

CB First Investment Bank AD-Sofia (5F4) The report can be found on the financial web-site X3News
Source: BSE (13.02.2020)

Fibank is increasing its capital From the individual accounts of FIB for 2019, audited by Mazars and BDO Bulgaria, it became clear that the Bank's capital sustainability indicators are improving. As of the end of 2019, Tier 1 equity rose by 12.7% - from BGN 889,922 thousand to BGN 1,003,004 thousand. The main reason for the increase is the capitalized profit for 2018 in the amount of BGN 164,138 thousand, placed in reserve. The remainder of the amendment, BGN -51,203 thousand, is due to the first-line transitional adjustments to the underlying equity regarding the treatment of the effect of the initial application of IFRS 9. Total regulatory equity also amounts to BGN 1,257,262 thousand compared to BGN 1,085,505 thousand a year earlier. In December 2019, the General Meeting of Fibank decided to increase the Bank's share capital from BGN 110 million to BGN 150 million by issuing up to 40 million new ordinary, dematerialized, one-vote voting shares, each with a nominal value of BGN 1 and an issue value of BGN 5.
Source: money.bg (20.02.2020)

FSC refused to approve FIB's prospectus for capital increase The Financial Supervision Commission (FSC) refused to issue a prospectus confirmation for the initial public offering of shares to be issued by First Investment Bank (FIB). The statement was adopted at the latest meeting of the regulator, without specifying the reasons for it. Fibank presented its prospectus to the Financial Supervision Commission on December 20, and through public offering of shares it wants to raise BGN 200 million from the Bulgarian Stock Exchange (BSE). The document stated that the offer would be considered successful if at least 4 million shares worth BGN 20 million were purchased (10% of the amount sought). The stress tests of the European Central Bank (ECB) over the summer showed a capital shortfall of EUR 263 million (BGN 510 million) under the most severe scenario. Currently the bank's equity is BGN 110 million.
Source: economic.bg (21.02.2020)

The top five banks hold 62% of assets The assets of the banking system amounted to a total of BGN 114.2 billion as of December 31, 2019, an increase of 8.2% compared to December 31, 2018. The top 10 banks concentrated 86.1% of the total assets of the banking system in the end of 2019. UniCredit Bulbank JSC occupies the leading position with assets amounting to BGN 21.6 billion or 18.9% market share, marking an increase of 11.5% compared to the previous year. DSK Bank SPJSC is in second position with 13.9% market share, and after the upcoming merger of Expressbank, DSK Bank SPJSC is expected to catch up with UniCredit Bulbank JSC in terms of assets. The third position is held by United Bulgarian Bank JSC, which retains its position from the end of 2018, with a market share of 10.7%. The placement in the ranking was triggered by the acquisition of Piraeus Bank Bulgaria JSC by Eurobank Bulgaria JSC, as a result of which Eurobank Bulgaria JSC, which was 5th in terms of assets at the end of 2018, moved up one position and reached the 4th position with 9.8% market share. First Investment Bank JSC took the 5th position with assets of BGN 10.1 billion or 8.8% market share.
Source: Banker (26.02.2020)

CB First Investment Bank AD-Sofia (5F4) The report can be found on the financial web-site X3News
Source: BSE (04.03.2020)

Tseko Minev and Ivaylo Mutafchiev bought a company with EUR 37.5 million loan from Fibank The two major owners of First Investment Bank (Fibank) bought 50% each of the company Markan TI. The company has no independent activity, but owns 100% of Fraxinus Investment - the company, which in 2017 acquired 8 decares of land and the right to build an administrative building in Sofia Tech Park. The deal was announced by the bank itself, as FIBank has a contract for a EUR 37.5 million loan with Fraxinus, which after the sale will be a deal with interested parties. The price is not announced, as at the moment the registration of changes in the owner or the management of the companies is not noted in the Commercial Register. So far, Markan TI has been owned by Markan Holding.
Source: Capital (05.03.2020)

CB First Investment Bank AD-Sofia (5F4) Information disclosure under Art. 17 (1) in conjunction with Art. 7 of Regulation (EU) No 596/2014 of the European Parliament and the Council of 16 April 2014 on market abuse and Art. 114b of the POSA
Source: BSE (06.03.2020)

CB First Investment Bank AD-Sofia (5F4) The report can be found on the financial web-site X3N
Source: BSE (10.03.2020)

With regard to the provisions of Art. 8, paragraph 1, item 1 of Ordinance #16 of FSC, on 10.03.2020 the following financial instruments may be pledged as collateral for margin trades and short sales: Code Name Avg.trading Value Traded days Avg. number of trades Free float 4CF CB Central Cooperative Bank AD-Sofia 15494.05 18 16.85 16.68 5DOV Doverie United Holding PLC-Sofia 12154.85 20 31.45 50.67 5F4 CB First Investment Bank AD-Sofia 7480.65 19 15.35 15.00 3JR Sopharma AD-Sofia 10202.25 20 21.10 22.67 6C4 Chimimport AD-Sofia 76918.90 20 55.20 18.44
Source: BSE (10.03.2020)

The BSE Board of Directors has adopted the following decisions at a session held under Record of Proceedings No. 10 of 09 March 2020: I. Revision of the SOFIX index base Here follow the first fifteen (15) issues of shares meeting the requirements of Art. 9 of the Rules and item 3 of Appendix No. 1 (SOFIX Calculation Methodology) and classified according to items 4-7 of Appendix No. 1: BSE code Issuer Free-float market cap (BGN) Median weekly turnover (BGN) Number of deals Average value of the spread 3JR Sopharma AD-Sofia 163,293,096 108,859 1,376 0.02755851 6A6 Advance Terrafund REIT-Sofia 88,006,728 60,690 957 0.02124271 6C4 Chimimport AD-Sofia 72,887,454 53,671 1,688 0.03425137 5DOV Doverie United Holding PLC-Sofia 78,022,737 165,001 2,041 0.05837109 GR6 Gradus AD-Stara Zagora 72,450,083 40,572 724 0.02929835 5BU Bulgarian Real Estate Fund REIT-Sofia 54,364,612 40,722 694 0.02882908 5SR Stara Planina Hold AD-Sofia 67,042,080 35,067 676 0.04608563 SO5 Sopharma Trading AD-Sofia 48,139,513 26,670 683 0.05187875 4CF CB Central Cooperative Bank AD-Sofia 28,839,179 34,477 766 0.05548925 4ID Industrial Holding Bulgaria PLC-Sofia 46,762,240 41,810 296 0.04874149 5F4 CB First Investment Bank AD-Sofia 45,540,000 28,962 907 0.07383639 5MB Monbat AD-Sofia 42,315,000 28,151 590 0.03988180 0EA Elana Agrocredit AD-Sofia 29,364,086 25,656 417 0.03183586 5MH M+S Hydraulic AD-Kazanlak 57,528,852 14,441 496 0.06049202 5V2 Holding Varna AD-Varna 82,500,610 26,085 303 0.05532770 As a result of the verification under item 13 of Appendix No. 1 (SOFIX Calculation Methodology), it appeared that the weight of the economic group including Sopharma AD and Sopharma Trading AD exceeds the 20% threshold as at 01 March 2020. In this connection, the issue of shares of Sopharma Trading AD is excluded from the above classification. The next issue classified according to items 4-7 of Appendix No. 1, that meets the requirements of Art. 9 of the Rules and item 3 of Appendix No. 1, is the issue of shares of Albena AD-Albena, which has the following parameters: BSE code Issuer Free-float market cap (BGN) Median weekly turnover (BGN) Number of deals Average value of the spread 6AB Albena AD-Albena 51,961,212 18,422 565 0.06637534 Based on the information above and on Art. 15 (4) of the Rules for Calculating the BSE Indices in conjunction with item 17 of Appendix No. 1 (SOFIX Calculation Methodology), the BSE Board excluded the following two issues of shares from the SOFIX index base: 4EH Eurohold Bulgaria AD-Sofia SKK Sirma Group Holding JSC-Sofia and included the following two issues of shares in the SOFIX index base: 5SR Stara Planina Hold AD-Sofia 5MH M+S Hydraulic AD-Kazanlak The decision for amendments to the SOFIX index base will become effective as of 23 March 2020.
Source: BSE (10.03.2020)

With regard to the provisions of Art. 8, paragraph 1, item 1 of Ordinance #16 of FSC, on 11.03.2020 the following financial instruments may be pledged as collateral for margin trades and short sales: Code Name Avg.trading Value Traded days Avg. number of trades Free float 4CF CB Central Cooperative Bank AD-Sofia 15897.25 18 17.40 16.68 5DOV Doverie United Holding PLC-Sofia 13024.55 20 34.15 50.67 5F4 CB First Investment Bank AD-Sofia 7653.60 19 16.85 15.00 3JR Sopharma AD-Sofia 9970.35 20 21.55 22.67 6C4 Chimimport AD-Sofia 105446.95 20 64.20 18.44
Source: BSE (11.03.2020)

Three Bulgarian banks will support their capital and business projects with fresh capital Three Bulgarian banks - First Investment Bank, Teximbank and TBI Bank are planning to support their capital and business projects by attracting fresh capital. They have submitted documents to the Financial Supervision Commission for the issue of new shares or bonds. However, on February 20, the regulator suspended the first attempt of First Investment Bank AD, refusing to issue a prospectus confirmation for the initial public offering of shares. Currently, FIBank's capital amounts to BGN 110,000,000, distributed in the same number of shares with a face value of BGN 1 each. Fibank plans to accumulate up to BGN 200 million through the Bulgarian Stock Exchange AD. The move was one of the measures to meet the demands of the European Central Bank to fill the capital shortfall of EUR 263 million. The Financial Supervision Commission has sent a letter to Teximbank AD, Sofia, requesting additional information and documents regarding the confirmation of a prospectus for public offering and admission to trading on a regulated market of convertible unsecured bonds. In early February, the FSC decided to extend the deadline for TBI Bank EAD to submit a revised prospectus for initial public offering and admission to trading on a regulated market of an issue of subordinated, unsecured bonds. TBI Bank's ambitious goal is to become a digital bank with a wide range of online and mobile consumer and lending solutions for SMEs.
Source: Banker (13.03.2020)

With regard to the provisions of Art. 8, paragraph 1, item 1 of Ordinance #16 of FSC, on 13.03.2020 the following financial instruments may be pledged as collateral for margin trades and short sales: Code Name Avg.trading Value Traded days Avg. number of trades Free float SKK Sirma Group Holding JSC-Sofia 71293.10 19 16.00 31.93 4CF CB Central Cooperative Bank AD-Sofia 20018.40 19 21.60 16.68 5DOV Doverie United Holding PLC-Sofia 13470.95 20 36.30 50.71 5F4 CB First Investment Bank AD-Sofia 9317.90 19 20.20 15.00 5BU Bulgarian Real Estate Fund REIT-Sofia 40070.80 19 16.95 58.07 3JR Sopharma AD-Sofia 13398.00 20 26.05 22.67 6A6 Advance Terrafund REIT-Sofia 26679.55 19 16.65 44.02 6C4 Chimimport AD-Sofia 128599.35 20 78.10 18.35
Source: BSE (13.03.2020)

With regard to the provisions of Art. 8, paragraph 1, item 1 of Ordinance #16 of FSC, on 17.03.2020 the following financial instruments may be pledged as collateral for margin trades and short sales: Code Name Avg.trading Value Traded days Avg. number of trades Free float SKK Sirma Group Holding JSC-Sofia 79983.60 19 17.60 32.10 4CF CB Central Cooperative Bank AD-Sofia 22128.60 19 24.35 16.68 5DOV Doverie United Holding PLC-Sofia 13392.50 20 37.95 50.70 5F4 CB First Investment Bank AD-Sofia 12023.65 19 24.20 15.00 5BU Bulgarian Real Estate Fund REIT-Sofia 54171.90 19 22.05 58.09 3JR Sopharma AD-Sofia 20824.10 20 35.10 22.67 6A6 Advance Terrafund REIT-Sofia 30014.75 19 18.75 44.00 6C4 Chimimport AD-Sofia 146877.30 20 91.45 18.35
Source: BSE (17.03.2020)

With regard to the provisions of Art. 8, paragraph 1, item 1 of Ordinance #16 of FSC, on 18.03.2020 the following financial instruments may be pledged as collateral for margin trades and short sales: Code Name Avg.trading Value Traded days Avg. number of trades Free float SKK Sirma Group Holding JSC-Sofia 80970.25 19 18.05 32.00 4CF CB Central Cooperative Bank AD-Sofia 23985.55 19 25.95 16.68 5DOV Doverie United Holding PLC-Sofia 14181.60 20 38.50 50.70 5F4 CB First Investment Bank AD-Sofia 12464.65 19 25.00 15.00 5BU Bulgarian Real Estate Fund REIT-Sofia 59676.55 19 24.25 55.79 3JR Sopharma AD-Sofia 23282.80 20 37.10 22.67 6A6 Advance Terrafund REIT-Sofia 33526.10 19 20.10 43.97 6C4 Chimimport AD-Sofia 169933.10 20 103.40 18.35
Source: BSE (18.03.2020)

With regard to the provisions of Art. 8, paragraph 1, item 1 of Ordinance #16 of FSC, on 19.03.2020 the following financial instruments may be pledged as collateral for margin trades and short sales: Code Name Avg.trading Value Traded days Avg. number of trades Free float SKK Sirma Group Holding JSC-Sofia 79648.15 19 17.55 31.92 4CF CB Central Cooperative Bank AD-Sofia 29737.10 19 29.75 16.67 5DOV Doverie United Holding PLC-Sofia 13141.40 20 37.45 50.70 5F4 CB First Investment Bank AD-Sofia 13482.10 19 26.40 15.00 5BU Bulgarian Real Estate Fund REIT-Sofia 62000.95 19 25.65 55.78 3JR Sopharma AD-Sofia 22765.80 20 37.25 22.67 6A6 Advance Terrafund REIT-Sofia 32363.50 19 19.35 43.98 6C4 Chimimport AD-Sofia 173214.05 20 103.20 18.35
Source: BSE (19.03.2020)

With regard to the provisions of Art. 8, paragraph 1, item 1 of Ordinance #16 of FSC, on 20.03.2020 the following financial instruments may be pledged as collateral for margin trades and short sales: Code Name Avg.trading Value Traded days Avg. number of trades Free float SKK Sirma Group Holding JSC-Sofia 79698.15 20 17.65 31.89 4CF CB Central Cooperative Bank AD-Sofia 29446.40 19 28.85 16.67 5DOV Doverie United Holding PLC-Sofia 13379.35 20 38.05 50.69 5F4 CB First Investment Bank AD-Sofia 15799.85 19 27.50 15.00 5BU Bulgarian Real Estate Fund REIT-Sofia 63046.25 19 26.85 55.58 3JR Sopharma AD-Sofia 27085.45 20 41.50 22.67 6A6 Advance Terrafund REIT-Sofia 35556.25 19 20.20 43.93 6C4 Chimimport AD-Sofia 172976.05 20 103.80 18.35
Source: BSE (20.03.2020)

Company: CB First Investment Bank AD-Sofia (5F4) First Investment Bank to include in its CET1 the net annual profit for 2019 Please, refer to the entire piece of news, published in English on the X3News.
Source: BSE (20.03.2020)

With regard to the provisions of Art. 8, paragraph 1, item 1 of Ordinance #16 of FSC, on 23.03.2020 the following financial instruments may be pledged as collateral for margin trades and short sales: Code Name Avg.trading Value Traded days Avg. number of trades Free float SKK Sirma Group Holding JSC-Sofia 81696.55 20 18.35 31.89 4CF CB Central Cooperative Bank AD-Sofia 30633.00 19 30.00 16.67 5DOV Doverie United Holding PLC-Sofia 13561.05 20 38.20 50.69 5F4 CB First Investment Bank AD-Sofia 13851.00 19 24.45 15.00 5BU Bulgarian Real Estate Fund REIT-Sofia 69296.70 20 30.80 55.58 3JR Sopharma AD-Sofia 29684.45 20 44.15 22.67 6A6 Advance Terrafund REIT-Sofia 36564.35 19 20.85 43.93 6C4 Chimimport AD-Sofia 175993.55 20 106.30 18.34
Source: BSE (23.03.2020)

With regard to the provisions of Art. 8, paragraph 1, item 1 of Ordinance #16 of FSC, on 24.03.2020 the following financial instruments may be pledged as collateral for margin trades and short sales: Code Name Avg.trading Value Traded days Avg. number of trades Free float SKK Sirma Group Holding JSC-Sofia 82274.45 20 18.55 31.89 4CF CB Central Cooperative Bank AD-Sofia 31019.40 20 30.55 16.66 5DOV Doverie United Holding PLC-Sofia 13858.30 20 39.10 50.72 5F4 CB First Investment Bank AD-Sofia 15563.65 19 24.90 15.00 5BU Bulgarian Real Estate Fund REIT-Sofia 70835.30 20 31.90 55.56 3JR Sopharma AD-Sofia 32643.05 20 46.40 22.66 6A6 Advance Terrafund REIT-Sofia 36830.35 19 21.50 43.89 6C4 Chimimport AD-Sofia 178238.20 20 107.35 18.34
Source: BSE (24.03.2020)

The BSE Indices Committee has adopted the following decisions under Record of Proceedings No. 3 at its session held on 21 March 2020: I. With reference to item 14 of Appendix No. 1 (SOFIX Calculation Methodology) to the Rules for Calculating the BSE Indices, the Indices Committee has determined the following weight factors, different from 1 (one), of issues included in the SOFIX basis, effective from 23 March 2020: BSE code Issuer Weight factor 3JR Sopharma AD-Sofia 0.877986 II. With reference to item 12 of Appendix No. 2 (BGBX40 Calculation Methodology) to the Rules for Calculating the BSE Indices, the Indices Committee has determined the following weight factors, different from 1 (one), of issues included in the BGBX40 basis, effective from 23 March 2020: There is no issue with a weight factor other than 1 (one). III. With reference to item 9 of Appendix No. 3 (BG REIT Calculation Methodology) to the Rules for Calculating the BSE Indices, the Indices Committee has determined the following weight factors, different from 1 (one), of issues included in the BG REIT basis, effective from 23 March 2020: BSE code Issuer Weight factor 6A6 Advance Terrafund REIT-Sofia 0.352099 5H4 Balkan and Sea Properties REIT-Varna 0.883678 IV. With reference to item 15 of Appendix No. 4 (BG TR30 Calculation Methodology) to the Rules for Calculating the BSE Indices, the Indices Committee has determined the following weight factors of the issues included in the BG TR30 basis, effective from 23 March 2020: BSE code Issuer Weight factor 5DOV Doverie United Holding PLC-Sofia 4.030460 3JR Sopharma AD-Sofia 5.272932 6A6 Advance Terrafund REIT-Sofia 8.578593 5SR Stara Planina Hold AD-Sofia 2.874180 5BU Bulgarian Real Estate Fund REIT-Sofia 8.821384 6C4 Chimimport AD-Sofia 15.584444 6AB Albena AD-Albena 0.464437 GR6 Gradus AD-Stara Zagora 9.877465 5MH M+S Hydraulic AD-Kazanlak 2.439304 4EH Eurohold Bulgaria AD-Sofia 18.215584 5V2 Holding Varna AD-Varna 0.389611 4ID Industrial Holding Bulgaria PLC-Sofia 18.215584 4CF CB Central Cooperative Bank AD-Sofia 15.938636 SO5 Sopharma Trading AD-Sofia 2.750196 3CZ CEZ Distribution Bulgaria AD-Sofia 0.085524 6R2 Rodna Zemya Holding AD-Dobrich 6.679048 0EA Elana Agrocredit AD-Sofia 14.459794 5F4 CB First Investment Bank AD-Sofia 7.835754 5MB Monbat AD-Sofia 3.437745 1VX Velgraf Asset Management AD-Sofia 3.541919 5H4 Balkan and Sea Properties REIT-Varna 0.815465 SKK Sirma Group Holding JSC-Sofia 36.910526 58E Himsnab Bulgaria AD-Sofia 0.313080 0SP Speedy AD-Sofia 0.280520 5AX Aktiv Properties REIT-Plovdiv 1.621503 GTH Galata Investment Company AD-Varna 7.305208 4I8 Industrial Capital Holding AD-Sofia 10.467164 T57 Trace Group Hold AD-Sofia 5.893277 6S6 Sopharma Properties REIT-Sofia 2.280650 5CQ Capital Management SPV-Sofia 0.226226 V. With reference to item 17 of the Rules for Calculating the Good Corporate Governance Index (CGIX), the Indices Committee has determined the following weight factors, different from 1 (one), of issues included in the CGIX basis, effective from 23 March 2020: BSE code Issuer Weight factor 3JR Sopharma AD-Sofia 0.453679
Source: BSE (24.03.2020)

CB First Investment Bank AD-Sofia (5F4) Changes to the composition of the Managing Board of First Investment Bank by a resolution of the Supervisory Board as of 19 March 2020 Please, refer to the entire piece of news, published in English on the financial website X3News.
Source: BSE (24.03.2020)

With regard to the provisions of Art. 8, paragraph 1, item 1 of Ordinance #16 of FSC, on 25.03.2020 the following financial instruments may be pledged as collateral for margin trades and short sales: Code Name Avg.trading Value Traded days Avg. number of trades Free float SKK Sirma Group Holding JSC-Sofia 81318.75 20 18.30 31.89 4CF CB Central Cooperative Bank AD-Sofia 33926.65 20 31.55 16.66 5DOV Doverie United Holding PLC-Sofia 14375.25 20 40.25 50.74 5F4 CB First Investment Bank AD-Sofia 15522.40 19 24.80 15.00 5BU Bulgarian Real Estate Fund REIT-Sofia 71596.20 20 32.60 55.53 3JR Sopharma AD-Sofia 33474.85 20 47.40 22.66 6A6 Advance Terrafund REIT-Sofia 37000.85 19 21.90 43.89 6C4 Chimimport AD-Sofia 180089.30 20 108.25 18.34
Source: BSE (25.03.2020)

With regard to the provisions of Art. 8, paragraph 1, item 1 of Ordinance #16 of FSC, on 26.03.2020 the following financial instruments may be pledged as collateral for margin trades and short sales: Code Name Avg.trading Value Traded days Avg. number of trades Free float SKK Sirma Group Holding JSC-Sofia 81401.95 20 18.45 31.88 4CF CB Central Cooperative Bank AD-Sofia 38440.35 20 34.05 16.66 5DOV Doverie United Holding PLC-Sofia 15108.70 20 42.10 50.75 5F4 CB First Investment Bank AD-Sofia 15706.70 19 25.15 15.00 5BU Bulgarian Real Estate Fund REIT-Sofia 65276.10 20 33.65 55.52 3JR Sopharma AD-Sofia 36585.00 20 50.80 22.66 6A6 Advance Terrafund REIT-Sofia 37957.95 19 23.60 43.89 6C4 Chimimport AD-Sofia 183871.90 20 111.65 18.34
Source: BSE (26.03.2020)

With regard to the provisions of Art. 8, paragraph 1, item 1 of Ordinance #16 of FSC, on 27.03.2020 the following financial instruments may be pledged as collateral for margin trades and short sales: Code Name Avg.trading Value Traded days Avg. number of trades Free float SKK Sirma Group Holding JSC-Sofia 83840.25 20 19.00 31.88 4CF CB Central Cooperative Bank AD-Sofia 39504.85 20 34.70 16.66 5DOV Doverie United Holding PLC-Sofia 15089.30 20 42.00 50.79 5F4 CB First Investment Bank AD-Sofia 15732.40 19 25.25 15.00 5BU Bulgarian Real Estate Fund REIT-Sofia 66146.40 20 34.45 55.52 3JR Sopharma AD-Sofia 36667.95 20 50.65 22.66 6A6 Advance Terrafund REIT-Sofia 38963.35 19 24.95 43.89 6C4 Chimimport AD-Sofia 184988.50 20 112.35 18.34
Source: BSE (27.03.2020)

CB First Investment Bank AD-Sofia (5F4) New subsidiary of First Investment Bank named Myfin EAD Please, refer to the entire piece of news, published in English on the financial website X3News.
Source: BSE (27.03.2020)

With regard to the provisions of Art. 8, paragraph 1, item 1 of Ordinance #16 of FSC, on 31.03.2020 the following financial instruments may be pledged as collateral for margin trades and short sales: Code Name Avg.trading Value Traded days Avg. number of trades Free float SKK Sirma Group Holding JSC-Sofia 82689.30 20 18.05 31.88 4CF CB Central Cooperative Bank AD-Sofia 39314.60 20 33.80 16.66 5DOV Doverie United Holding PLC-Sofia 12247.85 20 36.35 50.83 5F4 CB First Investment Bank AD-Sofia 15573.95 19 24.45 15.00 5BU Bulgarian Real Estate Fund REIT-Sofia 61049.45 20 34.05 55.52 3JR Sopharma AD-Sofia 35617.85 20 48.05 22.66 6A6 Advance Terrafund REIT-Sofia 43504.90 19 24.20 43.89 6C4 Chimimport AD-Sofia 180475.30 20 108.15 18.33
Source: BSE (31.03.2020)

With regard to the provisions of Art. 8, paragraph 1, item 1 of Ordinance #16 of FSC, on 01.04.2020 the following financial instruments may be pledged as collateral for margin trades and short sales: Code Name Avg.trading Value Traded days Avg. number of trades Free float SKK Sirma Group Holding JSC-Sofia 84372.85 20 18.25 31.88 4CF CB Central Cooperative Bank AD-Sofia 39638.30 20 34.05 16.66 5DOV Doverie United Holding PLC-Sofia 10882.25 20 31.05 50.85 5F4 CB First Investment Bank AD-Sofia 15702.15 19 24.75 15.00 5BU Bulgarian Real Estate Fund REIT-Sofia 61401.60 20 34.65 55.52 3JR Sopharma AD-Sofia 35558.65 20 47.85 22.66 6A6 Advance Terrafund REIT-Sofia 45516.95 19 24.05 43.77 6C4 Chimimport AD-Sofia 179454.20 20 107.50 18.33
Source: BSE (01.04.2020)

CB First Investment Bank AD-Sofia (5F4) By a resolution of the Supervisory Board of First Investment Bank dated 25 March 2020, the Supervisory Board gave a positive assessment of Ralitsa Bogoeva’s nomination as member of the Managing Board and Executive Director of First Investment Bank. An application has been submitted to the Bulgarian National Bank for approval thereof pursuant to Art. 11 (3) of the Law on Credit Institutions. Please, refer to the entire piece of news, published in English on the financial website X3News.
Source: BSE (01.04.2020)

With regard to the provisions of Art. 8, paragraph 1, item 1 of Ordinance #16 of FSC, on 02.04.2020 the following financial instruments may be pledged as collateral for margin trades and short sales: Code Name Avg.trading Value Traded days Avg. number of trades Free float SKK Sirma Group Holding JSC-Sofia 83738.60 20 17.85 31.88 4CF CB Central Cooperative Bank AD-Sofia 40547.80 20 34.85 16.66 5DOV Doverie United Holding PLC-Sofia 10756.75 20 30.45 50.87 5F4 CB First Investment Bank AD-Sofia 15910.25 19 25.45 15.00 5BU Bulgarian Real Estate Fund REIT-Sofia 61321.60 20 34.55 55.49 3JR Sopharma AD-Sofia 35643.05 20 47.90 22.66 6A6 Advance Terrafund REIT-Sofia 45021.90 19 23.70 43.76 6C4 Chimimport AD-Sofia 180402.75 20 107.50 18.33
Source: BSE (02.04.2020)

CB First Investment Bank AD-Sofia (5F4) Changes to the composition of the Managing Board of First Investment Bank Please, refer to the entire piece of news, posted in English on the financial website X3News.
Source: BSE (03.04.2020)

With regard to the provisions of Art. 8, paragraph 1, item 1 of Ordinance #16 of FSC, on 03.04.2020 the following financial instruments may be pledged as collateral for margin trades and short sales: Code Name Avg.trading Value Traded days Avg. number of trades Free float SKK Sirma Group Holding JSC-Sofia 77932.30 19 15.90 31.88 4CF CB Central Cooperative Bank AD-Sofia 41286.75 20 35.75 16.66 5DOV Doverie United Holding PLC-Sofia 10608.40 20 29.55 50.87 5F4 CB First Investment Bank AD-Sofia 16775.30 20 27.60 15.00 5BU Bulgarian Real Estate Fund REIT-Sofia 62125.10 20 35.10 55.49 3JR Sopharma AD-Sofia 35609.40 20 48.20 22.66 6A6 Advance Terrafund REIT-Sofia 51145.20 20 29.05 43.76 6C4 Chimimport AD-Sofia 180553.75 20 107.05 18.33
Source: BSE (03.04.2020)

With regard to the provisions of Art. 8, paragraph 1, item 1 of Ordinance #16 of FSC, on 06.04.2020 the following financial instruments may be pledged as collateral for margin trades and short sales: Code Name Avg.trading Value Traded days Avg. number of trades Free float SKK Sirma Group Holding JSC-Sofia 76652.65 19 15.25 31.88 4CF CB Central Cooperative Bank AD-Sofia 41363.80 20 35.80 16.66 5DOV Doverie United Holding PLC-Sofia 9904.85 20 27.05 50.86 5F4 CB First Investment Bank AD-Sofia 17168.75 20 28.40 15.00 5BU Bulgarian Real Estate Fund REIT-Sofia 62221.55 20 35.15 55.49 3JR Sopharma AD-Sofia 35359.15 20 47.65 22.66 6A6 Advance Terrafund REIT-Sofia 55571.05 20 30.15 43.76 6C4 Chimimport AD-Sofia 179569.45 20 106.25 18.33
Source: BSE (06.04.2020)

With regard to the provisions of Art. 8, paragraph 1, item 1 of Ordinance #16 of FSC, on 07.04.2020 the following financial instruments may be pledged as collateral for margin trades and short sales: Code Name Avg.trading Value Traded days Avg. number of trades Free float SKK Sirma Group Holding JSC-Sofia 77517.85 19 15.05 31.88 4CF CB Central Cooperative Bank AD-Sofia 37963.20 20 33.00 16.66 5DOV Doverie United Holding PLC-Sofia 8601.20 20 23.65 50.86 5F4 CB First Investment Bank AD-Sofia 16523.85 20 27.15 15.00 5BU Bulgarian Real Estate Fund REIT-Sofia 52880.60 20 30.85 55.49 3JR Sopharma AD-Sofia 34058.75 20 44.30 22.66 6A6 Advance Terrafund REIT-Sofia 54147.45 20 29.00 43.75 6C4 Chimimport AD-Sofia 140947.55 20 84.85 18.33
Source: BSE (07.04.2020)

With regard to the provisions of Art. 8, paragraph 1, item 1 of Ordinance #16 of FSC, on 08.04.2020 the following financial instruments may be pledged as collateral for margin trades and short sales: Code Name Avg.trading Value Traded days Avg. number of trades Free float 4CF CB Central Cooperative Bank AD-Sofia 38505.80 20 33.50 16.66 5DOV Doverie United Holding PLC-Sofia 8442.20 20 22.45 50.87 5F4 CB First Investment Bank AD-Sofia 19757.75 20 31.15 15.00 5BU Bulgarian Real Estate Fund REIT-Sofia 52131.40 20 30.20 55.49 3JR Sopharma AD-Sofia 34116.45 20 44.05 22.66 6A6 Advance Terrafund REIT-Sofia 46892.40 20 29.85 43.67 6C4 Chimimport AD-Sofia 119621.60 20 81.80 18.33
Source: BSE (08.04.2020)

CB First Investment Bank AD-Sofia (5F4) Notification of a submitted application to the Bulgarian National Bank for approval of Yanko Karakolev for Managing Board member of First Investment Bank pursuant to Art. 11 (3) of the Credit Institutions Act Please, refer to the entire piece of news, published in English on the financial website X3News.
Source: BSE (08.04.2020)

With regard to the provisions of Art. 8, paragraph 1, item 1 of Ordinance #16 of FSC, on 09.04.2020 the following financial instruments may be pledged as collateral for margin trades and short sales: Code Name Avg.trading Value Traded days Avg. number of trades Free float 4CF CB Central Cooperative Bank AD-Sofia 37581.55 20 32.65 16.66 5DOV Doverie United Holding PLC-Sofia 8538.65 20 22.50 50.88 5F4 CB First Investment Bank AD-Sofia 20284.75 20 31.85 15.00 5BU Bulgarian Real Estate Fund REIT-Sofia 49872.90 20 30.70 55.48 3JR Sopharma AD-Sofia 33965.90 20 43.90 22.66 6A6 Advance Terrafund REIT-Sofia 47444.40 20 29.95 43.67 6C4 Chimimport AD-Sofia 116731.75 20 80.30 18.33
Source: BSE (09.04.2020)

With regard to the provisions of Art. 8, paragraph 1, item 1 of Ordinance #16 of FSC, on 14.04.2020 the following financial instruments may be pledged as collateral for margin trades and short sales: Code Name Avg.trading Value Traded days Avg. number of trades Free float 4CF CB Central Cooperative Bank AD-Sofia 35567.00 20 30.70 16.66 5DOV Doverie United Holding PLC-Sofia 8782.00 20 22.45 50.93 5F4 CB First Investment Bank AD-Sofia 20516.10 20 30.40 15.00 5BU Bulgarian Real Estate Fund REIT-Sofia 40439.80 20 26.75 55.48 3JR Sopharma AD-Sofia 31180.25 20 40.75 22.66 6A6 Advance Terrafund REIT-Sofia 46438.55 20 31.40 43.67 6C4 Chimimport AD-Sofia 100082.80 20 71.65 18.33
Source: BSE (10.04.2020)

Former Chief Financial Officer of First Investment Bank Zhivko Todorov has been approved as Executive Director of the Bulgarian Development Bank. This was reported to the Ministry of Economy. To date, they have been awaiting approval by the Bulgarian National Bank. Todorov's candidacy was also agreed with the Ministry of Finance. So far, the BDB haä three executive directors under the management structure - Stoyan Mavrodiev, who is also the chief executive officer of the bank, Rumen Mitrov and Nikolay Dimitrov. At the beginning of the month, following a decision by the government to allocate additional BGN 700 million to the credit institution to support the business in connection with the coronavirus pandemic, a decision was also made to strengthen the bank's administrative capacity. That's when Zhivko Todorov was proposed. However, a day ago Prime Minister Boyko Borisov demanded the resignation of the management of the Bulgarian Development Bank after information emerged in the media that the credit institution had granted a loan of BGN 75 million to a modest collection company. In response, the bank's chief executive officer Stoyan Mavrodiev commented that the prime minister had been misled and that the loan was profitable for the bank.
Source: econ.bg (10.04.2020)

CB First Investment Bank AD-Sofia (5F4) Pursuant to Art. 100y (1), item 2 and (2) of the POSA and the regulations for its implementation we hereby inform you that a notice of a change to the composition of the Managing Board of First Investment Bank was published on 14 April 2020 in the Commercial Register and the Register of Non-for-Profit Legal Entities with the Registry Agency under No. 20200414120155: Mr Nedelcho Nedelchev was delisted as a member of the Managing Board and Chief Executive Officer of First Investment Bank. Please be informed that under the same registration number in the Commercial Register and the Register of Non-for-Profit Legal Entities, in field 13 of First Investment Bank’s batch, we have registered the appointment of Mr Nikola Bakalov as the Bank’s Chief Executive Officer. Please, refer to the entire piece of news, published in English on the financial website X3News.
Source: BSE (16.04.2020)

CB First Investment Bank AD-Sofia (5F4) Pursuant to the Management Board resolution which was endorsed by the Supervisory Board of First Investment Bank on 15 April 2020, the Bank shall increase the total nominal amount of its capital from BGN 110,000,000 to up to BGN 135,000,000, through the issue of up to 25,000,000 (twenty-fife million) new ordinary, registered, dematerialised shares, each with one voting right in the general meeting, with nominal value of BGN 1.00 and issue value of BGN 8.00 per one new share. One right shall be issued against each existing share. Every 4.4 rights entitle for subscription to 1 new share. The capital of First Investment Bank will be increased only if at least 2,500,000 shares with nominal value of BGN 1.00 and issue value of BGN 8.00 each are subscribed and paid, and in that case the capital will be increased only with the value of the shares subscribed. The capital increase will take place through the public offering of newly issued shares after publication of a prospectus approved by the Financial Supervision Commission. Please, refer to the entire piece of news, published in English on the financial website X3News.
Source: BSE (21.04.2020)

Twelve of the largest banks in Bulgaria want to participate in the Bulgarian Development Bank (BDB) program, which will allow them to lend up to BGN 4,500 in interest-free loans to individuals. The guarantee program is with the BDB and will partner with these banks to provide loans to people deprived of the opportunity to work due to the pandemic of COVID-19 (employees on unpaid leave and self-insured persons). This measure will be financed with BGN 200 million from the capital increase of the Bulgarian Development Bank. At the end of March the government adopted a decision to increase the capital of BDB with a total of BGN 700 million. The 12 banks are Alliance Bank Bulgaria, DSK Bank, Investbank, International Asset Bank, UBB, Municipal Bank, Fibank, Raiffeisen Bank, Commercial Bank E, UniCredit Bulbank, CCB and Eurobank Bulgaria.
Source: economic.bg (21.04.2020)

CB First Investment Bank AD-Sofia (5F4) Pursuant to Art. 100y (1), item 2 and (2) of the POSA and the regulations for its implementation we hereby inform you that a notice of a change to the composition of the Managing Board of First Investment Bank was published on 22 April 2020 in the Commercial Register with the Registry Agency under No. 20200422120129: Mr Jivko Todorov was delisted as a member of the Managing Board of First Investment Bank. Please, refer to the entire piece of news, published in English on the financial website X3News.
Source: BSE (23.04.2020)

With regard to the provisions of Art. 8, paragraph 1, item 1 of Ordinance #16 of FSC, on 23.04.2020 the following financial instruments may be pledged as collateral for margin trades and short sales: Code Name Avg.trading Value Traded days Avg. number of trades Free float 4CF CB Central Cooperative Bank AD-Sofia 30045.65 20 23.40 16.66 5DOV Doverie United Holding PLC-Sofia 9490.25 20 22.85 50.96 5F4 CB First Investment Bank AD-Sofia 27053.00 20 39.90 15.00 5BU Bulgarian Real Estate Fund REIT-Sofia 23492.50 20 19.65 55.23 3JR Sopharma AD-Sofia 19284.80 20 28.15 22.55 6A6 Advance Terrafund REIT-Sofia 41820.30 20 32.70 43.67 6C4 Chimimport AD-Sofia 72190.80 20 55.35 18.69
Source: BSE (23.04.2020)

With regard to the provisions of Art. 8, paragraph 1, item 1 of Ordinance #16 of FSC, on 24.04.2020 the following financial instruments may be pledged as collateral for margin trades and short sales: Code Name Avg.trading Value Traded days Avg. number of trades Free float 4CF CB Central Cooperative Bank AD-Sofia 30138.70 20 23.50 16.66 5DOV Doverie United Holding PLC-Sofia 12109.30 20 26.05 50.98 5F4 CB First Investment Bank AD-Sofia 37520.00 20 47.70 15.00 5BU Bulgarian Real Estate Fund REIT-Sofia 17327.05 20 15.85 55.23 3JR Sopharma AD-Sofia 16823.65 20 26.05 22.55 6A6 Advance Terrafund REIT-Sofia 41097.60 20 32.40 43.67 6C4 Chimimport AD-Sofia 71529.55 20 54.90 18.69
Source: BSE (24.04.2020)

Fibank successfully launches capital increase The Financial Supervision Commission has confirmed the prospectus of Fibank (First Investment Bank) for the release of new 40 million shares to increase the bank's capital. This became clear from a message on the website of the financial regulator. The new shares will have an issue value of BGN 5, which means that with full subscription of the issue the bank will increase its capital by BGN 200 million. According to the conditions laid down in the prospectus, the increase will be considered successful with subscription of at least 4 million shares. Fibank will use this increase to ensure the implementation of its strategy to expand its market presence in retail banking and in lending to small and medium-sized enterprises, according to the financial institution. With the launch of the new issue, the Bank will comply with the 100% recommendation of the European Central Bank. The bank recalls that in 2019 it successfully completed the growth of assets by more than BGN 1 billion to 10.7 billion. Profit on consolidated basis was BGN 137.9 million and profit before impairment - 257.7 million. At the end of 2019 an additional capital buffer of over EUR 197 million was formed. In December, the bank issued a bond issue worth EUR 30 million, which, after permission by the BNB, was included in Tier 1 capital. Fibank said good financial results were maintained in the first quarter of 2020. Capital adequacy is 19.09%, Tier 1 capital adequacy is 19.03%, Tier 1 equity ratio is 15.48% and regulatory equity capital is BGN 1.365 billion.
Source: 24 chasa (24.04.2020)

Four banks start lending interest-free loans up to BGN 4,500. The Bulgarian Development Bank has signed agreements with the first four credit institutions to begin work on the Interest-Free Credit Guarantee Program to support people deprived of their ability to work because of the COVID-19 pandemic. These are "Investbank", "International Asset Bank", "Municipal Bank" and "First Investment Bank". The program aims to support unpaid employees and self-employed persons who are temporarily unable to work in a state of emergency. They have the opportunity to receive interest-free loans of up to BGN 4,500. The first bank to start accepting documents on Monday, April 27, is Municipal Bank. After Wednesday, April 29, they will be able to apply for the program and clients of Investbank. International Asset Bank will review documents from May 4, and First Investment Bank from May 5. The interest-free loan guarantee program has been adopted as part of the Bulgarian government's crisis response measures to protect self-employed and employed persons. Partners in it will be "Alliance Bank Bulgaria", "DSK Bank", "Investbank", "International Asset Bank", UBB, "Municipal Bank", Fibank, "Raiffeisenbank", "Commercial Bank D", "UniCredit Bulbank", CCB and Postbank, which will grant interest-free loans up to BGN 4,500 at one time or in three tranches of BGN 1,500 each. The loans will be unsecured and there will be no fees, commissions and penalties. The maximum repayment period is 5 years, with a minimum of 6 months and a maximum of 24 months grace period.
Source: Banker (27.04.2020)

CB First Investment Bank AD-Sofia (5F4) The report can be found on the financial web-site X3News
Source: BSE (04.05.2020)

CB First Investment Bank AD-Sofia (5F4) First Investment Bank announces that the Bank’s Supervisory Board decided to appoint Ralitsa Bogoeva as a member of the Management Board of First Investment Bank. The Bank also informs the public that by a resolution of the Management Board, approved by the Supervisory Board, Ralitsa Bogoeva was appointed also as Executive Director, authorised to manage and represent the Bank with any other executive director of First Investment Bank. After the change is registered in the Commercial Register, First Investment Bank will notify the public accordingly. Please, refer to the entire piece of news, published in English on the financial website X3News.
Source: BSE (04.05.2020)

Two more banks are starting to lend interest-free loans A third bank is joining today, May 4, in the interest-free lending program for unpaid and self-employed workers who have lost income due to the pandemic. This is International Asset Bank, and as of Tuesday, May 5, First Investment Bank is beginning to accept interest-free loan documents. Thus, the lenders involved in the government's anti-crisis measure become four. As of last week, interest-free loans of up to BGN 4,500, drawn at one time or in three tranches of BGN 1,500, with a grace period of 6 to 24 months, have already been granted by Municipal Bank and Investbank. The loans are actually being lent by the state-owned Bulgarian Development Bank, which has received BGN 200 million from the budget. Commercial banks only accept applications for interest-free loans, of course, against a certain commission, with the final approval of the BDB.
Source: Sega (04.05.2020)

CB First Investment Bank AD-Sofia (5F4) With reference to a Management Board decision for a capital increase of First Investment Bank adopted on 12 December 2019 and approved by the Supervisory Board on 19 December 2019, followed by amended parameters of the increase adopted by the Management Board on 09 April 2020 and approved by the Supervisory Board on 15 April 2020, and to the subsequent announcements under Art. 92a of the POSA made on 04 May 2020 via the information agency X3News (www.x3news.com) and the website of the issuer (www.fibank.bg) as well as the website of the authorised investment intermediary (www.ffbh.bg), please, be informed in pursuance of Art. 112b (3) of the POSA that: - The right to take part in the capital increase is entitled to all shareholders registered with the Central Depository not later than seven (7) days following the date of publication of the public offering notice in pursuance of Art. 92a (1) of the POSA i.e. by Monday, 11 May 2020 (Record Date). - The final date for transacting shares of this company on the Exchange, as a result of which the holder will be entitled to take part in the capital increase, will be Thursday, 07 May 2020 (Ex Date: 08 May 2020). The public offering prospectus is available on the website of the Exchange.
Source: BSE (05.05.2020)

CB First Investment Bank AD-Sofia (5F4) Following the POSA and the rules for its implementation, First Investment Bank submitted to BSE a notice under Art. 92a of the POSA on the public offering of shares from the capital increase of First Investment Bank AD. Please, refer to the entire piece of news, published in English on the financial website X3News.
Source: BSE (05.05.2020)

With reference to a Management Board decision for a capital increase of CB First Investment Bank AD (5F4) adopted on 12 December 2019 and approved by the Supervisory Board on 19 December 2019, followed by amended parameters of the increase adopted by the Management Board on 09 April 2020 and approved by the Supervisory Board on 15 April 2020 including subsequent amendments adopted on 22 April 2020 by the MB and SB of the Bank, and to the subsequent announcements under Art. 92a of the POSA made on 04 May 2020 via the website of the information agency (www.x3news.com), of the issuer (www.fibank.bg) as well as of the authorised investment intermediary (www.ffbh.bg), please, be informed that the following issue of rights has been admitted to trading on the Subscription Rights Segment of the BSE Main Market by an order of the Director of Trading on the grounds of Art. 34 (3) in conjunction with Art. 32 (2) of Part III - Listing Rules of the BSE Rules and Regulations: - Number of shares prior to the increase: 110,000,000 - Number of rights issued: 110,000,000 - Number of shares offered for subscription: 40,000,000 - Nominal value per share: BGN 1.00 - Issuing value per share: BGN 5.00 - Ratio between the rights issued and new shares: 2.75/1 (rights/share) - Everyone may subscribe at least to one (1) new share and at most to a such number of shares equal to the number of acquired and/or held rights divided by 2.75. If the result is not a whole number, then it will be rounded down to a whole number. - The capital will be increased if at least 4,000,000 new shares will be subscribed to and paid in. - BSE code assigned to the rights issued: 5F41 - ISIN of the rights issued: BG4000007204 - CFI code of the rights issued: To be additionally announced - LEI code of the issuer: 549300UY81ESCZJ0GR95 - Segment MIC: ZBUL - Trading lot: One (1) right - Currency of trading: BGN - The bid and ask orders are to be entered according to LB1 liquidity band in pursuance of the Annex to Commission Delegated Regulation (EU) 2017/588 of 14 July 2016. - Indicative reference price set for the first trading session: BGN 0.01; In case of a change before the first date of trading, the new reference price will be duly disclosed. - Starting date of trading in rights on the Exchange: 15 May 2020 - Final date of trading in rights on the Exchange: 01 June 2020 - Starting date of transferring the rights: 15 May 2020 - Final date of transferring the rights: 03 June 2020 - Auction date as per Art. 112b (7) of the POSA: 10 June 2020 - Starting date of subscribing to shares of the increase: 15 May 2020 - Final date of subscribing to shares of the increase: 25 June 2020 - Investment intermediary authorised to administer the capital increase: First Financial Brokerage House - Bank with which an accumulation account will be opened: Citibank Europe plc, Bulgaria Branch - The right to participate in the capital increase shall be entitled to all persons who have acquired shares not later than seven (7) days following the date of publication of the public offering notice in pursuance of Art. 92a (1) of the POSA i.e. by Monday, 11 May 2020 (Record Date). - The final date for transacting shares of this company on the Exchange, as a result of which the holder will be entitled to take part in the capital increase, will be 07 May 2020 (Ex Date: 08 May 2020). The Prospectus may be accessed via the website of the Exchange.
Source: BSE (07.05.2020)

BSE has received an application for admission to trading of an issue of rights on the Subscription Rights Segment of the BSE Main Market as follows: - Issuer: CB First Investment Bank AD-Sofia (5F4) - ISIN of the issue of rights: BG4000007204 - BSE code of the rights issued: 5F41 - Number of rights issued: 110,000,000 - Number of shares offered for subscription: 40,000,000 The Prospectus of the capital increase is available on the website of the Exchange.
Source: BSE (07.05.2020)

With regard to the provisions of Art. 8, paragraph 1, item 1 of Ordinance #16 of FSC, on 12.05.2020 the following financial instruments may be pledged as collateral for margin trades and short sales: Code Name Avg.trading Value Traded days Avg. number of trades Free float 4CF CB Central Cooperative Bank AD-Sofia 18443.85 20 15.90 16.66 5DOV Doverie United Holding PLC-Sofia 12636.50 20 24.10 53.06 5F4 CB First Investment Bank AD-Sofia 52079.55 20 59.50 15.00 3JR Sopharma AD-Sofia 21502.40 20 28.05 22.66 6A6 Advance Terrafund REIT-Sofia 21855.40 20 23.55 43.66 6C4 Chimimport AD-Sofia 62193.50 20 47.15 18.69
Source: BSE (12.05.2020)

With regard to the provisions of Art. 8, paragraph 1, item 1 of Ordinance #16 of FSC, on 13.05.2020 the following financial instruments may be pledged as collateral for margin trades and short sales: Code Name Avg.trading Value Traded days Avg. number of trades Free float 5DOV Doverie United Holding PLC-Sofia 12501.30 20 23.55 53.06 5F4 CB First Investment Bank AD-Sofia 52091.35 20 59.35 15.00 3JR Sopharma AD-Sofia 21551.00 20 27.90 22.66 6A6 Advance Terrafund REIT-Sofia 20710.55 20 23.00 43.66 6C4 Chimimport AD-Sofia 58852.40 20 44.15 18.69
Source: BSE (13.05.2020)

Banks have approved 2,171 interest-free loans since the beginning of the program Municipal Bank, Investbank, First Investment Bank and International Asset Bank have so far have approved 2171 interest-free loans to individuals affected by the pandemic, with a guarantee from the Bulgarian Development Bank. In Municipal Bank, which was the first to process applications from citizens, the approvals are 1150. 836 are confirmed loans in First Investment Bank, 115 - in Investbank and 70 - in International Asset Bank. More than two-thirds of the requests are from employees on unpaid leave. Significantly fewer self-insured persons have applied for a loan. Allianz Bank and D Commerce Bank are the next two banks that have signed agreements with BDB and will accept applications for interest-free loans to individuals up to BGN 4,500. Their branches will be prepared for service under the program after May 18. The process of concluding agreements with DSK Bank, UBB, Raiffeisenbank, Unicredit Bulbank, CCB and Eurobank Bulgaria, which have also expressed interest in joining, is to be finalized. The interest-free loan guarantee program aims to help employees on unpaid leave and self-employed people who are temporarily unable to work in a state of emergency. They have the opportunity to receive interest-free loans of up to BGN 4,500. The funds are disbursed at once or in three tranches of BGN 1,500 each. The maximum repayment period is 5 years, with a minimum of 6 months and a maximum of 24 months grace period. No fees, commissions or penalties will be due on the loans.
Source: Banker (13.05.2020)

With regard to the provisions of Art. 8, paragraph 1, item 1 of Ordinance #16 of FSC, on 14.05.2020 the following financial instruments may be pledged as collateral for margin trades and short sales: Code Name Avg.trading Value Traded days Avg. number of trades Free float 5DOV Doverie United Holding PLC-Sofia 11744.90 20 21.85 53.06 5F4 CB First Investment Bank AD-Sofia 48071.00 20 53.00 15.00 3JR Sopharma AD-Sofia 22051.05 20 27.60 22.66 6A6 Advance Terrafund REIT-Sofia 19056.10 20 21.25 43.66 6C4 Chimimport AD-Sofia 51766.95 20 38.05 18.69
Source: BSE (14.05.2020)

Ten banks ready to grant BDB-guaranteed loans to businesses 10 commercial banks have announced their participation in the portfolio guarantee program in support of micro, small and medium enterprises in Bulgaria. These are Allianz Bank, DSK Bank, the Bulgarian-American Credit Bank, Investbank, International Asset Bank, ProCredit Bank, First Investment Bank, D Commercial Bank, Unicredit Bulbank and Eurobank Bulgaria. The guarantee program, which is part of the government's anti-crisis measures, has a budget of BGN 500 million. It can include companies from all sectors, and the measure is expected to benefit mainly companies from the most affected areas - trade, services , transport and logistics, tourism, hotels and restaurants, etc. The Bulgarian Development Bank provides commercial banks with the opportunity to use portfolio guarantees for BGN 1.6 million, in order to include in them loans granted to clients in the amount of up to BGN 2 billion. In order for companies to apply for a loan, it is sufficient to meet one of the following conditions: a decrease in turnover after the first quarter of 2020 compared to the same period in 2019; receivables from customers; unpaid amounts to suppliers after March 1 this year; canceled export contracts and terminated import deliveries from the beginning of the year; closed production facilities and offices, and reductions in the number of employees. The deadline for applying for the measure for small and medium enterprises is December 23, 2020. The loans that commercial banks will provide have a maximum amount of BGN 300,000, and BDB will cover up to 80% of them. The banks themselves will determine the minimum and maximum repayment period, and the grace period for newly granted loans will be up to 3 years.
Source: Banker (14.05.2020)

With regard to the provisions of Art. 8, paragraph 1, item 1 of Ordinance #16 of FSC, on 15.05.2020 the following financial instruments may be pledged as collateral for margin trades and short sales: Code Name Avg.trading Value Traded days Avg. number of trades Free float 5DOV Doverie United Holding PLC-Sofia 11577.20 19 21.45 53.06 5F4 CB First Investment Bank AD-Sofia 47647.75 20 52.35 15.00 3JR Sopharma AD-Sofia 22235.90 20 27.95 22.66 6A6 Advance Terrafund REIT-Sofia 18942.80 20 21.25 43.66 6C4 Chimimport AD-Sofia 51912.60 20 38.25 18.69
Source: BSE (15.05.2020)

With regard to the provisions of Art. 8, paragraph 1, item 1 of Ordinance #16 of FSC, on 18.05.2020 the following financial instruments may be pledged as collateral for margin trades and short sales: Code Name Avg.trading Value Traded days Avg. number of trades Free float 5DOV Doverie United Holding PLC-Sofia 10526.00 19 18.50 53.06 5F4 CB First Investment Bank AD-Sofia 47811.30 20 51.20 15.00 3JR Sopharma AD-Sofia 21818.10 20 27.00 22.66 6A6 Advance Terrafund REIT-Sofia 13336.90 20 16.85 43.66 6C4 Chimimport AD-Sofia 48953.35 20 34.80 18.69
Source: BSE (18.05.2020)

Five banks control 61.6% of total assets The total assets of the banking system as of March 31, 2020 amount to BGN 115.1 billion, recording an increase of 0.8% compared to December 31, 2019. The first 10 banks concentrate 85.6% of the total assets of the banking system as of March 31, 2020. According to this indicator, UniCredit Bulbank JSC occupies the leading position with assets amounting to BGN 21.1 billion or 18.3% market share. However, it decreased by 2.4% compared to December 31, 2019. DSK Bank is on the second position in the first ranking of Banker media for the year - with 15% market share, and in the next reports - in view of the completed official merger of Expressbank, it is expected to overtake UniCredit Bulbank on the basis of total assets. In third place is United Bulgarian Bank, which retains its place since the end of 2019, with a market share of 10.1% as of March 31, 2020. In the first quarter of 2020 there are no shifts in the ranking of the top ten banks based on total assets, compared to December 31, 2019.
Source: Banker (18.05.2020)

With regard to the provisions of Art. 8, paragraph 1, item 1 of Ordinance #16 of FSC, on 19.05.2020 the following financial instruments may be pledged as collateral for margin trades and short sales: Code Name Avg.trading Value Traded days Avg. number of trades Free float 5DOV Doverie United Holding PLC-Sofia 10034.10 19 17.50 53.06 5F4 CB First Investment Bank AD-Sofia 46385.45 20 49.90 15.00 3JR Sopharma AD-Sofia 20855.05 20 26.00 22.66 6A6 Advance Terrafund REIT-Sofia 12957.10 20 15.85 43.66 6C4 Chimimport AD-Sofia 45926.90 20 31.35 18.69
Source: BSE (19.05.2020)

With regard to the provisions of Art. 8, paragraph 1, item 1 of Ordinance #16 of FSC, on 20.05.2020 the following financial instruments may be pledged as collateral for margin trades and short sales: Code Name Avg.trading Value Traded days Avg. number of trades Free float 5DOV Doverie United Holding PLC-Sofia 9749.70 19 16.40 53.06 5F4 CB First Investment Bank AD-Sofia 44330.15 20 47.45 15.00 3JR Sopharma AD-Sofia 20667.40 20 25.50 22.66 6C4 Chimimport AD-Sofia 42427.60 20 28.65 18.69
Source: BSE (20.05.2020)

With regard to the provisions of Art. 8, paragraph 1, item 1 of Ordinance #16 of FSC, on 21.05.2020 the following financial instruments may be pledged as collateral for margin trades and short sales: Code Name Avg.trading Value Traded days Avg. number of trades Free float 5DOV Doverie United Holding PLC-Sofia 9672.40 18 15.30 53.06 5F4 CB First Investment Bank AD-Sofia 39369.75 19 39.25 15.00 3JR Sopharma AD-Sofia 19599.70 20 23.95 22.66 6C4 Chimimport AD-Sofia 34992.65 20 22.60 18.69
Source: BSE (21.05.2020)

With regard to the provisions of Art. 8, paragraph 1, item 1 of Ordinance #16 of FSC, on 22.05.2020 the following financial instruments may be pledged as collateral for margin trades and short sales: Code Name Avg.trading Value Traded days Avg. number of trades Free float 5F4 CB First Investment Bank AD-Sofia 36452.30 19 34.65 15.00 3JR Sopharma AD-Sofia 18296.35 20 22.25 22.66 6C4 Chimimport AD-Sofia 23548.40 20 17.05 18.69
Source: BSE (22.05.2020)

Castling on the high floors in Fibank First Investment Bank continues with the renewal of its management board against the background of the bank's attempts to increase its capital by placing new shares on the Bulgarian Stock Exchange. On May 21, Yanko Karakolev was elected a member of the Management Board of Fibank, after the necessary approval by the Bulgarian National Bank. Years ago, Karakolev served as chief financial officer. Fibank's management was supplemented by Ralitsa Bogoeva - Member of the Management Board and Executive Director. Bogoeva was director of the bank's Internal Audit Unit and then chief executive of Information Technology and Operations. Earlier, the bank parted ways with its chief financial officer, Zhivko Todorov, who went to the Bulgarian Development Bank. All these changes take place against the background of the big cast in Fibank - in mid-March Nedelcho Nedelchev left the position of Chief Executive Officer and Chairman of the Management Board and was replaced by Nikola Bakalov.
Source: Banker (26.05.2020)

With regard to the provisions of Art. 8, paragraph 1, item 1 of Ordinance #16 of FSC, on 26.05.2020 the following financial instruments may be pledged as collateral for margin trades and short sales: Code Name Avg.trading Value Traded days Avg. number of trades Free float 5F4 CB First Investment Bank AD-Sofia 35354.95 19 33.00 15.00 3JR Sopharma AD-Sofia 18408.20 20 22.45 22.66 6C4 Chimimport AD-Sofia 22653.95 20 16.50 18.69
Source: BSE (26.05.2020)

CB First Investment Bank AD-Sofia (5F4) Based on preliminary approval from the Bulgarian National Bank in accordance with Art. 11 (3) of the Credit Institutions Act, on 21 May 2020 the Bank’s Supervisory Board decided to appoint Yanko Karakolev as a member of the Management Board of First Investment Bank. The Bank needs to obtain approval from the Bulgarian National Bank before requesting registration of the changes in the Commercial Register. Please, refer to the entire piece of news, published in English on the financial website X3News.
Source: BSE (26.05.2020)

D Bank is ready to lend BGN 22 million to Ahmed Dogan's TPP Varna The renovation of the TPP Varna controlled by Ahmed Dogan and Danail Papazov is secured with a new BGN 22 million loan resource from D Bank. The loan agreement is dated February 26, but it is only now visible from a pledge entered in the Commercial Register on the plant and its assets in favor of the bank, which is owned by Fuat Guven. The amount is probably for the ongoing renovation of the units of the TPP, which, after being acquired by the politicians from the MRF, earns, without being operational, from cold reserve contracts with the state Electricity System Operator. However, there is no official information on whether the loan has been used. TPP Varna itself was sold at the end of 2017 by CEZ to Sigda, a company owned by the family of former Transport Minister Oresharski's cabinet Danail Papazov. The deal was then financed with a EUR 24.225 mln loan from First Investment Bank. Months later in 2018, the honorary chairman of the MRF, Ahmed Dogan, bought a 70% stake in Sigda for about BGN 1.5 million, according to Papazov.
Source: Capital (27.05.2020)

With regard to the provisions of Art. 8, paragraph 1, item 1 of Ordinance #16 of FSC, on 27.05.2020 the following financial instruments may be pledged as collateral for margin trades and short sales: Code Name Avg.trading Value Traded days Avg. number of trades Free float 5F4 CB First Investment Bank AD-Sofia 24702.45 19 25.15 15.00 3JR Sopharma AD-Sofia 17944.95 20 21.95 22.66
Source: BSE (27.05.2020)

With regard to the provisions of Art. 8, paragraph 1, item 1 of Ordinance #16 of FSC, on 28.05.2020 the following financial instruments may be pledged as collateral for margin trades and short sales: Code Name Avg.trading Value Traded days Avg. number of trades Free float 5F4 CB First Investment Bank AD-Sofia 26992.55 19 20.95 15.00 3JR Sopharma AD-Sofia 17631.80 20 21.40 22.66
Source: BSE (28.05.2020)

With regard to the provisions of Art. 8, paragraph 1, item 1 of Ordinance #16 of FSC, on 29.05.2020 the following financial instruments may be pledged as collateral for margin trades and short sales: Code Name Avg.trading Value Traded days Avg. number of trades Free float 5F4 CB First Investment Bank AD-Sofia 25891.10 19 19.65 15.00 3JR Sopharma AD-Sofia 14634.05 20 17.95 22.65
Source: BSE (29.05.2020)

With regard to the provisions of Art. 8, paragraph 1, item 1 of Ordinance #16 of FSC, on 01.06.2020 the following financial instruments may be pledged as collateral for margin trades and short sales: Code Name Avg.trading Value Traded days Avg. number of trades Free float 5F4 CB First Investment Bank AD-Sofia 24100.35 19 17.85 15.00
Source: BSE (01.06.2020)

With regard to the provisions of Art. 8, paragraph 1, item 1 of Ordinance #16 of FSC, on 02.06.2020 the following financial instruments may be pledged as collateral for margin trades and short sales: Code Name Avg.trading Value Traded days Avg. number of trades Free float 5F4 CB First Investment Bank AD-Sofia 19703.55 19 15.25 15.00 3JR Sopharma AD-Sofia 14731.95 20 15.05 22.65
Source: BSE (02.06.2020)

CB First Investment Bank AD-Sofia (5F4) The report can be found on the financial web-site X3News
Source: BSE (02.06.2020)

CB First Investment Bank AD-Sofia (5F4) Pursuant to Art. 100y (1), item 2 and (2) of the POSA, we hereby inform you that on 29 May 2020 Ms Ralitsa Bogoeva was registered as member of the Managing Board and executive director of First Investment Bank in the Commercial Register under No. 20200529141842. Please, refer to the entire notice, published in English on the financial website X3News.
Source: BSE (02.06.2020)

The bogs, which once absorbed the assets of the bankrupt Kremikovtsi metallurgical plant, cannot be gassed for decades. This is also the case with the abandoned and unfinished after nearly 30 years the company's prophylactic in one of the most beautiful areas around Pancharevo - the "Gradishte" villa area. Before 1989, its workers had to recover here from the hard work and from the ingested production poisons in the combine. The constructions in the area designated for rest stations, villas and camps began already in the eighties of the last century. Several buildings with a total built-up area of ??22,312.10 square meters are being built here in stages. However, after the changes in the state, everything here has been abandoned and the millions of state levs poured into this project... remain only in the company's accounting reports. And the stage to which it has been brought to this day remains "up to rough construction". However, this has not prevented several skillful players from taking advantage of the financial collapse that the combine fell into after its privatization and the subsequent "expert managements" to purchase this unique property "on promotion" and turn it into a good mortgage instrument. The scheme began to work at a time when it became clear that the former metallurgical pride of our homeland was headed for its fatal end. And since already in 2005, reality showed that the "saving" of the plant was a mission impossible, its manager at the time, Alexander Tomov Tomov, began to sell off the company's assets. And all to companies with which the company headed by him had commercial relations. On July 17, 2007, the appetizing property was sold to "Erida Trade" EAD, represented by Filip Pepegov, which is owned by "Fenix ??Sever" EOOD. It, on the other hand, is owned by the company "North Metal LLP" registered in London (at 19 Kathleen Road) for 4 million euros. As of today, this company is out of business and has been declared bankrupt. Apparently because of the "missed" payments to the financial institution serving her. According to data from the commercial register, the entire company is invested in "INTERNATIONAL ASSET BANK". The company is currently managed by the court-appointed liquidator Alexander Kostadinov. The curious thing in this case is that only four months after buying this property, the company resold it to another company - "Belcanto" EOOD, owned by "Ekopromet Group" AD, represented by Velizar Monev. But the price here is drastically lower - BGN 950 thousand. As of today, this company is also out of business. And "Ekopromet Group" AD itself, which is represented by Miroslav Sirotov, is owned by the above-mentioned English company "North Metal LLP" and by Vasil Stoinov, as is clear from the list of shareholders published in the Commercial Register in 2019. In other words, the transaction took place between two related companies. From a decision in 2010, it is clear that "Ekopromet Group", which is the owner of "Belcanto" EOOD, transformed "Belcanto" by transferring its assets to three companies - "Fenix ??Sever" EOOD, "Ekopromet - V" EOOD and "Belcanto- R" EOOD and terminates its activity "without liquidation". This is recorded in the document. As was said, the players in them are still the same, and their shareholdings reach...Panama. And they are all declared bankrupt today. The other thing is that during all these years the property in Pancharevo was used solely to guarantee millions of loans that remain unserviced. This leads to a willy-nilly situation where it is owned by "First Investment Bank", which has been forced to commit to protecting the site and looking for its future realization. A curious detail of this whole story is that the receiver of "Kremikovtsi" JSC itself - Tsvetan Bankov, even when entering the declared insolvent plant, tried to return this property to the bankruptcy table, disputing its sale with the argument that it was carried out at a time when the combine had already been finally declared insolvent - with a decision on commercial case No. 95 of 2008, in which the date of insolvency was clearly defined - and it was December 31, 2005. Or two years before Tomov sold the property! Ultimately, however, the magistrates decided that the "loss" from this transaction was not so great as to declare it null and void.
Source: Other (02.06.2020)

The BSE Indices Committee has adopted the following decisions under Record of Proceedings No. 4 at its session held on 02 June 2020: I. With reference to item 12 of Appendix No. 1 (SOFIX Calculation Methodology) to the Rules for Calculating the BSE Indices, the Indices Committee has adopted the following free-float factors of the issues comprising SOFIX in effect from 22 June 2020: BSE code Issuer Free-float factor 6A6 Advance Terrafund REIT-Sofia 0.5836 6AB Albena AD-Albena 0.3017 GR6 Gradus AD-Stara Zagora 0.1797 5DOV Doverie United Holding PLC-Sofia 0.6610 0EA Elana Agrocredit AD-Sofia 0.7222 4ID Industrial Holding Bulgaria PLC-Sofia 0.4287 5MH M+S Hydraulic AD-Kazanlak 0.2315 5MB Monbat AD-Sofia 0.1750 3JR Sopharma AD-Sofia 0.3583 5SR Stara Planina Hold AD-Sofia 0.5911 5F4 CB First Investment Bank AD-Sofia 0.1500 4CF CB Central Cooperative Bank AD-Sofia 0.1666 5BU Bulgarian Real Estate Fund REIT-Sofia 0.7473 6C4 Chimimport AD-Sofia 0.2196 5V2 Holding Varna AD-Varna 0.3131 The free-float data on the issues of SOFIX presented herein are the median value for the period 02 March - 01 June 2020. II. With reference to item 11 of Appendix No. 2 (BGBX40 Calculation Methodology) to the Rules for Calculating the BSE Indices, the Indices Committee has adopted the following free-float factors of the issues comprising BGBX40 in effect from 22 June 2020: BSE code Issuer Free-float factor A72 Agria Group Holding AD-Varna 0.1775 6A6 Advance Terrafund REIT-Sofia 0.5836 5AX Aktiv Properties REIT-Plovdiv 0.5826 6AB Albena AD-Albena 0.3017 6AM Alcomet AD-Shumen 0.0990 A4L Allterco AD-Sofia 0.1552 BSO Bulgarian Stock Exchange-Sofia 0.4995 1VX Velgraf Asset Management AD-Sofia 0.3825 GR6 Gradus AD-Stara Zagora 0.1797 5DOV Doverie United Holding PLC-Sofia 0.6610 4EH Eurohold Bulgaria AD-Sofia 0.2370 0EA Elana Agrocredit AD-Sofia 0.7222 T43 Zarneni Hrani Bulgaria AD-Sofia 0.2001 4I8 Industrial Capital Holding AD-Sofia 0.5662 4ID Industrial Holding Bulgaria PLC-Sofia 0.4287 5ODE Odessos Shiprepair Yard AD-Varna 0.1937 4KX Korado Bulgaria AD-Strazhitsa 0.1785 5MH M+S Hydraulic AD-Kazanlak 0.2315 5MB Monbat AD-Sofia 0.1750 3NB Neochim AD-Dimitrovgrad 0.2370 6R2 Rodna Zemya Holding AD-Dobrich 0.3567 6S7 Synergon Holding AD-Sofia 0.4414 SKK Sirma Group Holding JSC-Sofia 0.6070 3JR Sopharma AD-Sofia 0.3583 6S6 Sopharma Properties REIT-Sofia 0.2219 SO5 Sopharma Trading AD-Sofia 0.2577 6SOA Sofia Commerce-Pawn Brokerage AD-Sofia 0.3224 0SP Speedy AD-Sofia 0.1010 5SR Stara Planina Hold AD-Sofia 0.5911 5F4 CB First Investment Bank AD-Sofia 0.1500 4CF CB Central Cooperative Bank AD-Sofia 0.1666 T57 Trace Group Hold AD-Sofia 0.2403 5BU Bulgarian Real Estate Fund REIT-Sofia 0.7473 4HE Hydraulic Elements and Systems AD-Yambol 0.2019 6C4 Chimimport AD-Sofia 0.2196 5V2 Holding Varna AD-Varna 0.3131 4HS Holding Sveta Sofia AD-Sofia 0.6701 7TH Tchaikapharma High Quality Medicines AD-Sofia 0.0444 3CZ CEZ Distribution Bulgaria AD-Sofia 0.2602 4PX Yuri Gagarin PLC-Plovdiv 0.2017 The free-float data on the issues of BGBX40 presented herein are the median value for the period 02 March - 01 June 2020.
Source: BSE (03.06.2020)

With regard to the provisions of Art. 8, paragraph 1, item 1 of Ordinance #16 of FSC, on 04.06.2020 the following financial instruments may be pledged as collateral for margin trades and short sales: Code Name Avg.trading Value Traded days Avg. number of trades Free float 5F4 CB First Investment Bank AD-Sofia 18891.40 19 16.05 15.00
Source: BSE (04.06.2020)

With regard to the provisions of Art. 8, paragraph 1, item 1 of Ordinance #16 of FSC, on 08.06.2020 the following financial instruments may be pledged as collateral for margin trades and short sales: Code Name Avg.trading Value Traded days Avg. number of trades Free float 5F4 CB First Investment Bank AD-Sofia 15841.60 19 15.35 15.00
Source: BSE (08.06.2020)

BDB has approved only half of the requested interest-free loans The Bulgarian Development Bank (BDB) has approved half of the requested interest-free loans, it is clear from the announced results at the end of May. A total of 10,847 applications for interest-free loans were received from citizens on unpaid leave and self-insured, of which 5,265 were approved. 2,351 applications are still being processed and 3,231 have been rejected. The program for interest-free financing for employed and self-employed victims of the corona virus crisis started at the end of April, for which purpose the state allocated BGN 200 million to BDB. The amount of the loans is up to BGN 4,500, which can be received in installments or in three tranches of BGN 1,500 with a grace period of repayment from 6 to 24 months. The scheme is implemented through commercial banks, which accept the documents of citizens and submit them to BDB for approval. So far, interest-free loans for only BGN 22 million have actually been granted. It is impressive that two thirds of them have been given to persons on an employment contract, forced to go on unpaid leave due to financial difficulties of the company.
Source: Sega (09.06.2020)

With regard to the provisions of Art. 8, paragraph 1, item 1 of Ordinance #16 of FSC, on 09.06.2020 the following financial instruments may be pledged as collateral for margin trades and short sales: Code Name Avg.trading Value Traded days Avg. number of trades Free float 5F4 CB First Investment Bank AD-Sofia 15601.15 19 15.40 15.00 3JR Sopharma AD-Sofia 19958.65 20 17.20 22.61
Source: BSE (09.06.2020)

BSE informs all its members that the auction pursuant to Art. 112b (7) of the POSA for the sale of rights under the capital increase of CB First Investment Bank AD (5F41) is to be performed on 10 June 2020 /Wednesday/. At the auction will be offered 110,000,000 rights, to which no shares have been subscribed. The auction will be performed as the Exchange member, authorised to administer the capital increase, shall enter a market order for sale of the entire amount of unexercised rights in pursuance of Art. 45 (4) & (5) of Part IV of the BSE Rules and Regulations. The order shall be entered within one (1) minute as of the start of the order entry phase of the respective auction. The time frame for entering orders is from 1:15 p.m. until 1:45 p.m.
Source: BSE (09.06.2020)

With regard to the provisions of Art. 8, paragraph 1, item 1 of Ordinance #16 of FSC, on 10.06.2020 the following financial instruments may be pledged as collateral for margin trades and short sales: Code Name Avg.trading Value Traded days Avg. number of trades Free float 5F4 CB First Investment Bank AD-Sofia 15887.35 19 15.60 15.00 3JR Sopharma AD-Sofia 20452.50 20 17.35 22.60
Source: BSE (10.06.2020)

With regard to the provisions of Art. 8, paragraph 1, item 1 of Ordinance #16 of FSC, on 11.06.2020 the following financial instruments may be pledged as collateral for margin trades and short sales: Code Name Avg.trading Value Traded days Avg. number of trades Free float 5F4 CB First Investment Bank AD-Sofia 18813.15 19 19.50 15.00 3JR Sopharma AD-Sofia 19869.35 20 16.40 22.59
Source: BSE (11.06.2020)

With regard to the provisions of Art. 8, paragraph 1, item 1 of Ordinance #16 of FSC, on 12.06.2020 the following financial instruments may be pledged as collateral for margin trades and short sales: Code Name Avg.trading Value Traded days Avg. number of trades Free float 5F4 CB First Investment Bank AD-Sofia 20409.45 19 21.30 15.00 3JR Sopharma AD-Sofia 19300.00 20 16.50 22.59
Source: BSE (12.06.2020)

With regard to the provisions of Art. 8, paragraph 1, item 1 of Ordinance #16 of FSC, on 15.06.2020 the following financial instruments may be pledged as collateral for margin trades and short sales: Code Name Avg.trading Value Traded days Avg. number of trades Free float 5F4 CB First Investment Bank AD-Sofia 23117.40 19 26.45 15.00 3JR Sopharma AD-Sofia 21326.95 20 18.15 22.59
Source: BSE (15.06.2020)

CB First Investment Bank AD-Sofia (5F4) Announcement of extension of the deadline of the public offering of shares in accordance with Art. 84 of the POSA until 03 July 2020 Please, refer to the entire piece of news, published in English on the financial website X3News.
Source: BSE (15.06.2020)

With regard to the provisions of Art. 8, paragraph 1, item 1 of Ordinance #16 of FSC, on 16.06.2020 the following financial instruments may be pledged as collateral for margin trades and short sales: Code Name Avg.trading Value Traded days Avg. number of trades Free float 5F4 CB First Investment Bank AD-Sofia 20925.40 19 25.60 15.00 3JR Sopharma AD-Sofia 26773.90 20 19.85 22.59
Source: BSE (16.06.2020)

CB First Investment Bank AD-Sofia (5F4) BSE has received the materials of the regular General Meeting of Shareholders of CB First Investment Bank AD-Sofia (5F4) as follows: CB First Investment Bank AD has appointed a General Meeting of Shareholders on 15 July 2020 at 11:00 a.m. in the city of Sofia, 5 Sveta Nedelya Square, Sofia Hotel Balkan, Sredets Hall, under the following agenda: - Individual and consolidated reports of the managing bodies on the company's activity in 2019 - Adoption of the 2019 individual and consolidated annual financial reports of the company - Reports of the registered auditors on the 2019 audit - Report of the Investor Relations Director - Report of the Internal Audit Director on the 2019 activity - Election of registered auditors - Report of the Audit Committee - Re-election of a member of the Audit Committee and fixing his/her mandate - Release from liability of the members of the managing bodies for their activity in 2019 - Re-election of a member of the Supervisory Board of the Bank with a new mandate - Financial result allocation decision Draft resolution: Allocation of the entire 2019 net profit of the Bank to other general reserves - Adoption of a resolution not to pay dividends, and not to make any other deductions from the 2020 profit of the Bank, with a view to inclusion of the 2020 profit in the Common Equity Tier 1 capital of Fibank - Determination of the amount of guarantee for the management of the members of the Supervisory Board and Management Board of First Investment Bank - In the absence of a quorum, the GMS will be held on 30 July 2020 at 11:00 a.m., at the same place and under the same agenda. The voting right will be entitled to all shareholders registered with the Central Depository fourteen (14) days before the GMS i.e. by 01 July 2020 (Record Date). The final date for transacting shares of this company on the Exchange, as a result of which the holders will be entitled to exercise their voting right at the GMS, will be 29 June 2020 (Ex Date: 30 June 2020). The entire invitation is available on the website of the Exchange. The entire piece of news is published in English on the financial website X3News.
Source: BSE (16.06.2020)

With regard to the provisions of Art. 8, paragraph 1, item 1 of Ordinance #16 of FSC, on 17.06.2020 the following financial instruments may be pledged as collateral for margin trades and short sales: Code Name Avg.trading Value Traded days Avg. number of trades Free float 5F4 CB First Investment Bank AD-Sofia 26734.00 19 26.20 15.00 3JR Sopharma AD-Sofia 28229.20 20 19.75 22.56
Source: BSE (17.06.2020)

With regard to the provisions of Art. 8, paragraph 1, item 1 of Ordinance #16 of FSC, on 18.06.2020 the following financial instruments may be pledged as collateral for margin trades and short sales: Code Name Avg.trading Value Traded days Avg. number of trades Free float 5F4 CB First Investment Bank AD-Sofia 27274.60 20 26.95 15.00 3JR Sopharma AD-Sofia 31054.65 20 20.45 22.60
Source: BSE (18.06.2020)

CB First Investment Bank AD-Sofia (5F4) BSE has received the amended English version of the power of attorney for participation in the General Meeting of Shareholders in relation to the notice and materials for the annual General Meeting of Shareholders of First Investment Bank which were published on 15 June 2020. Please, refer to the entire notice, published in English on the financial website X3News.
Source: BSE (18.06.2020)

With regard to the provisions of Art. 8, paragraph 1, item 1 of Ordinance #16 of FSC, on 19.06.2020 the following financial instruments may be pledged as collateral for margin trades and short sales: Code Name Avg.trading Value Traded days Avg. number of trades Free float 5F4 CB First Investment Bank AD-Sofia 27097.35 20 26.65 15.00 3JR Sopharma AD-Sofia 31112.40 20 20.40 22.60
Source: BSE (19.06.2020)

With regard to the provisions of Art. 8, paragraph 1, item 1 of Ordinance #16 of FSC, on 22.06.2020 the following financial instruments may be pledged as collateral for margin trades and short sales: Code Name Avg.trading Value Traded days Avg. number of trades Free float 5F4 CB First Investment Bank AD-Sofia 26692.35 19 27.30 15.00 3JR Sopharma AD-Sofia 31523.75 20 20.60 22.59
Source: BSE (22.06.2020)

With regard to the provisions of Art. 8, paragraph 1, item 1 of Ordinance #16 of FSC, on 23.06.2020 the following financial instruments may be pledged as collateral for margin trades and short sales: Code Name Avg.trading Value Traded days Avg. number of trades Free float 5F4 CB First Investment Bank AD-Sofia 33486.10 19 28.60 15.00 3JR Sopharma AD-Sofia 33024.40 20 20.95 22.59
Source: BSE (23.06.2020)

The BSE Indices Committee has adopted the following decisions under Record of Proceedings No. 5 at its session held on 20 June 2020: I. With reference to item 14 of Appendix No. 1 (SOFIX Calculation Methodology) to the Rules for Calculating the BSE Indices, the Indices Committee has adopted the following weight factors, other than one (1), of the SOFIX constituents, in effect from 22 June 2020: BSE code Issuer Weight factor 3JR Sopharma AD-Sofia 0.794467 II. With reference to item 12 of Appendix No. 2 (BGBX40 Calculation Methodology) to the Rules for Calculating the BSE Indices, the Indices Committee has adopted the following weight factors, other than one (1), of the BGBX40 constituents, in effect from 22 June 2020: BSE code Issuer Weight factor 3JR Sopharma AD-Sofia 0.973936 III. With reference to item 9 of Appendix No. 3 (BG REIT Calculation Methodology) to the Rules for Calculating the BSE Indices, the Indices Committee has adopted the following weight factors, other than one (1), of the BG REIT constituents, in effect from 22 June 2020: BSE code Issuer Weight factor 6A6 Advance Terrafund REIT-Sofia 0.504250 5H4 Balkan and Sea Properties REIT-Varna 0.946454 IV. With reference to item 15 of Appendix No. 4 (BG TR30 Calculation Methodology) to the Rules for Calculating the BSE Indices, the Indices Committee has adopted the following weight factors of the BG TR30 constituents, in effect from 22 June 2020: BSE code Issuer Weight factor 6A6 Advance Terrafund REIT-Sofia 8.321693 5AX Aktiv Properties REIT-Plovdiv 1.767191 6AB Albena AD-Albena 0.534966 5H4 Balkan and Sea Properties REIT-Varna 0.914419 1VX Velgraf Asset Management AD-Sofia 3.932000 GR6 Gradus AD-Stara Zagora 10.627027 5DOV Doverie United Holding PLC-Sofia 4.824540 4EH Eurohold Bulgaria AD-Sofia 11.650370 0EA Elana Agrocredit AD-Sofia 15.572277 GTH Galata Investment Company AD-Varna 8.024490 4I8 Industrial Capital Holding AD-Sofia 10.347368 4ID Industrial Holding Bulgaria PLC-Sofia 20.694737 5CQ Capital Management SPV-Sofia 0.241969 5MH M+S Hydraulic AD-Kazanlak 2.438450 5MB Monbat AD-Sofia 4.766061 6R2 Rodna Zemya Holding AD-Dobrich 6.779310 SKK Sirma Group Holding JSC-Sofia 38.930693 3JR Sopharma AD-Sofia 4.961514 6S6 Sopharma Properties REIT-Sofia 2.643361 SO5 Sopharma Trading AD-Sofia 2.885872 0SP Speedy AD-Sofia 0.302462 5SR Stara Planina Hold AD-Sofia 3.263071 5F4 CB First Investment Bank AD-Sofia 5.868657 4CF CB Central Cooperative Bank AD-Sofia 14.979048 T57 Trace Group Hold AD-Sofia 4.273913 5BU Bulgarian Real Estate Fund REIT-Sofia 8.641758 6C4 Chimimport AD-Sofia 14.837736 58E Himsnab Bulgaria AD-Sofia 0.320980 5V2 Holding Varna AD-Varna 0.399188 3CZ CEZ Distribution Bulgaria AD-Sofia 0.084107 V. With reference to item 17 of the Rules for Calculating the Good Corporate Governance Index (CGIX), the Indices Committee has adopted the following weight factors, other than one (1), of the CGIX constituents, in effect from 22 June 2020: BSE code Issuer Weight factor 3JR Sopharma AD-Sofia 0.391984
Source: BSE (23.06.2020)

With regard to the provisions of Art. 8, paragraph 1, item 1 of Ordinance #16 of FSC, on 24.06.2020 the following financial instruments may be pledged as collateral for margin trades and short sales: Code Name Avg.trading Value Traded days Avg. number of trades Free float 5F4 CB First Investment Bank AD-Sofia 33247.00 19 28.10 15.00 3JR Sopharma AD-Sofia 35098.75 20 21.25 22.59
Source: BSE (24.06.2020)

With regard to the provisions of Art. 8, paragraph 1, item 1 of Ordinance #16 of FSC, on 25.06.2020 the following financial instruments may be pledged as collateral for margin trades and short sales: Code Name Avg.trading Value Traded days Avg. number of trades Free float 5F4 CB First Investment Bank AD-Sofia 28838.25 19 26.30 15.00 3JR Sopharma AD-Sofia 36058.35 20 21.85 22.59
Source: BSE (25.06.2020)

With regard to the provisions of Art. 8, paragraph 1, item 1 of Ordinance #16 of FSC, on 26.06.2020 the following financial instruments may be pledged as collateral for margin trades and short sales: Code Name Avg.trading Value Traded days Avg. number of trades Free float 5F4 CB First Investment Bank AD-Sofia 30101.65 19 27.65 15.00 3JR Sopharma AD-Sofia 36980.45 20 23.95 22.59
Source: BSE (26.06.2020)

CB First Investment Bank AD-Sofia (5F4) First Investment Bank announces the registration of a member of the Managing Board of First Investment Bank in the Commercial Register. Please, refer to the entire piece of news, published in English on the financial website X3News.
Source: BSE (26.06.2020)

With regard to the provisions of Art. 8, paragraph 1, item 1 of Ordinance #16 of FSC, on 29.06.2020 the following financial instruments may be pledged as collateral for margin trades and short sales: Code Name Avg.trading Value Traded days Avg. number of trades Free float 5F4 CB First Investment Bank AD-Sofia 30875.80 19 28.15 15.00 3JR Sopharma AD-Sofia 38750.40 20 25.45 22.59 6C4 Chimimport AD-Sofia 19072.65 19 15.40 18.57
Source: BSE (29.06.2020)

With regard to the provisions of Art. 8, paragraph 1, item 1 of Ordinance #16 of FSC, on 30.06.2020 the following financial instruments may be pledged as collateral for margin trades and short sales: Code Name Avg.trading Value Traded days Avg. number of trades Free float 5F4 CB First Investment Bank AD-Sofia 30735.90 19 27.90 15.00 3JR Sopharma AD-Sofia 34951.10 20 24.35 22.59 6C4 Chimimport AD-Sofia 18409.15 19 15.05 18.57
Source: BSE (30.06.2020)

Another bank starts granting interest-free loans up to BGN 4,500. Raiffeisenbank is another bank that joins the guarantee program for interest-free lending to the Bulgarian Development Bank. The financial institution will start accepting applications within days. As of June 29, the approved interest-free loans under the program for assistance to individuals total nearly BGN 44 million. The commercial banks, partners in the program, have received 18,181 loan applications, of which a total of 10,565 have been confirmed and being processed - 1,636. The average value of the loans is a little over BGN 4,150. Two thirds of the claims are of persons on an employment contract, and the rest are of self-insured persons. Allianz Bank, DSK Bank, Investbank, UBB, First Investment Bank, Postbank, D Commercial Bank, Central Cooperative Bank and UniCredit Bulbank work under the program. International Asset Bank and Municipal Bank were the first to use their financial resources under the program by providing loans.
Source: Banker (01.07.2020)

With regard to the provisions of Art. 8, paragraph 1, item 1 of Ordinance #16 of FSC, on 01.07.2020 the following financial instruments may be pledged as collateral for margin trades and short sales: Code Name Avg.trading Value Traded days Avg. number of trades Free float 5F4 CB First Investment Bank AD-Sofia 30579.40 19 27.80 15.00 3JR Sopharma AD-Sofia 35932.90 20 24.90 22.59 6C4 Chimimport AD-Sofia 18370.15 19 15.15 18.57
Source: BSE (01.07.2020)

CB First Investment Bank AD-Sofia (5F4) Disclosure of information by First Investment Bank AD pursuant to Regulation (EU) No. 575/2013 for 2019 on consolidated basis. This disclosure of information was prepared in compliance with the requirements of Part Eight of Regulation (EU) No. 575/2013 of the European Parliament and of the Council of 26 June 2013 on prudential requirements for credit institutions and investment firms. The information is disclosed as a supplement to the consolidated annual report and the consolidated annual financial statements of First Investment Bank AD at 31 December 2019. Please, refer to the entire notice, published in English on the financial website X3News.
Source: BSE (01.07.2020)

With regard to the provisions of Art. 8, paragraph 1, item 1 of Ordinance #16 of FSC, on 02.07.2020 the following financial instruments may be pledged as collateral for margin trades and short sales: Code Name Avg.trading Value Traded days Avg. number of trades Free float 5F4 CB First Investment Bank AD-Sofia 29625.10 19 25.90 15.00 3JR Sopharma AD-Sofia 35794.20 20 24.60 22.61
Source: BSE (02.07.2020)

Czech billionaire is the unknown investor in Fibank Czech billionaire Karel Komarek is the unknown private investor who acquired a third of the newly issued shares of First Investment Bank. He did this through his family Valea Foundation. The financial institution announced that today the financial operation is over. "First Investment Bank has successfully increased its capital. Today, investors paid for the shares in the new issue of securities. The new shareholders of the bank are the Bulgarian Development Bank (BDB) with 18.35% and the Valea Foundation with 7.87%," the statement said. Thus, as of July 2, Fibank increased its share capital by BGN 195,424,000. As it is already known, BDB received BGN 140 million with a government decision in order to acquire nearly 70% of the issued new shares of Fibank at a total value of BGN 200 million.
Source: Sega (03.07.2020)

With regard to the provisions of Art. 8, paragraph 1, item 1 of Ordinance #16 of FSC, on 03.07.2020 the following financial instruments may be pledged as collateral for margin trades and short sales: Code Name Avg.trading Value Traded days Avg. number of trades Free float 5F4 CB First Investment Bank AD-Sofia 31044.80 19 27.05 15.00 3JR Sopharma AD-Sofia 35170.80 20 23.70 22.62
Source: BSE (03.07.2020)

CB First Investment Bank AD-Sofia (5F4) First Investment Bank AD completed successfully the procedure for the public offering of shares. Today the investors have paid up their shares from the new issue. The Bank’s new shareholders are the Bulgarian Development Bank (BDB) with 18.35% and Valea Foundation with 7.87%. Please, refer to the entire notice published in English on the financial website X3News.
Source: BSE (03.07.2020)

With regard to the provisions of Art. 8, paragraph 1, item 1 of Ordinance #16 of FSC, on 06.07.2020 the following financial instruments may be pledged as collateral for margin trades and short sales: Code Name Avg.trading Value Traded days Avg. number of trades Free float 5F4 CB First Investment Bank AD-Sofia 31911.65 19 27.50 15.00 3JR Sopharma AD-Sofia 33599.70 20 22.05 22.62
Source: BSE (06.07.2020)

With regard to the provisions of Art. 8, paragraph 1, item 1 of Ordinance #16 of FSC, on 07.07.2020 the following financial instruments may be pledged as collateral for margin trades and short sales: Code Name Avg.trading Value Traded days Avg. number of trades Free float 5F4 CB First Investment Bank AD-Sofia 31793.90 19 26.95 15.00 3JR Sopharma AD-Sofia 26240.80 20 19.05 22.62
Source: BSE (07.07.2020)

With regard to the provisions of Art. 8, paragraph 1, item 1 of Ordinance #16 of FSC, on 08.07.2020 the following financial instruments may be pledged as collateral for margin trades and short sales: Code Name Avg.trading Value Traded days Avg. number of trades Free float 5F4 CB First Investment Bank AD-Sofia 30721.55 19 26.10 15.00 3JR Sopharma AD-Sofia 25575.65 20 18.30 22.62
Source: BSE (08.07.2020)

CB First Investment Bank AD-Sofia (5F4) Notification of the public offering results: The subscription began on 15 May 2020 and was successfully completed on 03 July 2020. Out of the 40,000,000 ordinary dematerialised shares with nominal value of BGN 1, and issue value of BGN 5.00 each, a total of 39,084,800 shares were subscribed and paid up. The amount for the subscribed shares, i.e. BGN 195,424,000 at the issue value of BGN 5.00 per share, was paid in the escrow account of First Investment Bank AD with Citybank Europe Bulgaria Branch AD. The public offering of shares of the capital of First Investment Bank AD was completed successfully without any impediments or disputes. Please, refer to the entire notice published in English on the financial website X3News.
Source: BSE (08.07.2020)

With regard to the provisions of Art. 8, paragraph 1, item 1 of Ordinance #16 of FSC, on 09.07.2020 the following financial instruments may be pledged as collateral for margin trades and short sales: Code Name Avg.trading Value Traded days Avg. number of trades Free float 5F4 CB First Investment Bank AD-Sofia 27690.05 19 21.80 15.00 3JR Sopharma AD-Sofia 25323.20 19 17.65 22.62
Source: BSE (09.07.2020)

With regard to the provisions of Art. 8, paragraph 1, item 1 of Ordinance #16 of FSC, on 10.07.2020 the following financial instruments may be pledged as collateral for margin trades and short sales: Code Name Avg.trading Value Traded days Avg. number of trades Free float 5F4 CB First Investment Bank AD-Sofia 27674.95 19 22.70 15.00 3JR Sopharma AD-Sofia 24927.30 19 17.05 22.62
Source: BSE (10.07.2020)

CPC will inspect the deal with the increase of Fibank's capital The Commission for Protection of Competition starts an inspection of the deal by which the state-owned Bulgarian Development Bank acquired a minority stake in First Investment Bank. The inspection is after notification of BDB for the acquisition of the shares. By law, the CPC must assess the concentration and issue an opinion in order to finalize the transaction. The Commission will rule within two months. The case itself was initiated on July 10, ie at the end of last week. The statement from the CPC states directly that the deal is expected to have an impact on the banking market in the country. On July 2, Fibank announced that it had successfully increased its share capital by BGN 195,424,000. The new shareholders of the bank are the Bulgarian Development Bank (BDB) by 18.35% and the Valea Foundation by 7.87%. BDB received BGN 140 million with a government decision in order to acquire nearly 70% of the issued new shares of Fibank worth a total of BGN 200 million. They were issued at a price of BGN 5 per share, which is twice as much as the price at which the old shares of the bank are traded. Fibank's capital increase was announced by the government as removing the last obstacle for Bulgaria to enter the eurozone's waiting room.
Source: Sega (14.07.2020)

With regard to the provisions of Art. 8, paragraph 1, item 1 of Ordinance #16 of FSC, on 14.07.2020 the following financial instruments may be pledged as collateral for margin trades and short sales: Code Name Avg.trading Value Traded days Avg. number of trades Free float 5F4 CB First Investment Bank AD-Sofia 24817.05 19 17.40 15.00
Source: BSE (14.07.2020)

With regard to the provisions of Art. 8, paragraph 1, item 1 of Ordinance #16 of FSC, on 15.07.2020 the following financial instruments may be pledged as collateral for margin trades and short sales: Code Name Avg.trading Value Traded days Avg. number of trades Free float 5F4 CB First Investment Bank AD-Sofia 18660.05 19 16.25 15.00
Source: BSE (15.07.2020)

With regard to the provisions of Art. 8, paragraph 1, item 1 of Ordinance #16 of FSC, on 16.07.2020 the following financial instruments may be pledged as collateral for margin trades and short sales: Code Name Avg.trading Value Traded days Avg. number of trades Free float 5F4 CB First Investment Bank AD-Sofia 18149.05 18 15.55 15.00
Source: BSE (16.07.2020)

CB First Investment Bank AD-Sofia (5F4) Information on the decisions of greater importance taken by the regular GMS held on 15 July 2020 The Record of Proceedings taken at the company's GMS will be disclosed within the statutory time limit.
Source: BSE (16.07.2020)

With regard to the provisions of Art. 8, paragraph 1, item 1 of Ordinance #16 of FSC, on 17.07.2020 the following financial instruments may be pledged as collateral for margin trades and short sales: Code Name Avg.trading Value Traded days Avg. number of trades Free float 5F4 CB First Investment Bank AD-Sofia 18314.45 19 15.80 15.00
Source: BSE (17.07.2020)

CB First Investment Bank AD-Sofia (5F4) The General Meeting of Shareholders of CB First Investment Bank AD dated 15 July 2020 has passed the following resolutions: - Adoption of the 2019 individual and consolidated activity reports of the managing bodies - Adoption of the 2019 individual and consolidated annual financial reports of the company - Adoption of the report of the registered auditors on the joint audit of the annual financial statements of the Bank for 2019 - Adoption of the report of the Audit Committee - Adoption of the report of the Investor Relations Director - Adoption of the report of the Internal Audit Director for 2019 - Release from liability of the members of the managing bodies for their activity in 2019 - Election of registered auditors - Re-election of a member of the Audit Committee of the Bank and determination of her term of office - Re-election of Jyrki Ilmari Koskelo as an independent member of the Supervisory Board of First Investment Bank for a new term of five (5) years - Determination of the amount of guarantee for the management of the members of the Supervisory and Management Boards of First Investment Bank - Allocation of the entire 2019 profit of the Bank to other general reserves - No dividends shall be paid to the shareholders and no other deductions from 2020 profit of the Bank shall be made with a view to including the 2020 profit in the CET 1 capital of the Bank.
Source: BSE (21.07.2020)

9 banks want to provide anti-crisis loans with guarantees from the Fund of Funds Nine banks are willing to lend anti-crisis loans to small and medium-sized enterprises guaranteed by the Fund of Funds (FF) in response to the economic crisis related to the COVID-19 pandemic. By the deadline of July 17, 2020, applications were submitted by the Bulgarian-American Credit Bank, United Bulgarian Bank, Eurobank Bulgaria, UniCredit Bulbank, First Investment Bank, Tokuda Bank, DSK Bank, D Commercial Bank and Raiffeisenbank. All financial institutions with a valid banking license and loan authorization were eligible to apply for a partnership. The total financial resource for guarantees, requested by the candidate banks, exceeds the budget of nearly BGN 158 million, determined by the FF for this financial instrument. By the end of this month, the list of potential partner banks that are eligible to sign a guarantee agreement will be ready. The goal is for the new "Portfolio guarantee with a loss ceiling to overcome the consequences of COVID-19" to be available to final recipients in September 2020. Through its new guarantee product FF will assume part of the credit risk of financial institutions when granting new loans of small and medium-sized enterprises without sufficient collateral, but with the need for support in the current difficult situation. This will facilitate business access to loans to continue operations, including to meet liquidity needs and / or to overcome financial difficulties due to or aggravated by the pandemic. FF offers a guarantee of up to 80% of the amount of each loan, against which the respective bank will have to offer financing at preferential interest rates and reduced collateral requirements. The structure of the product provides for a combination of a guarantee instrument and an interest rate subsidy for companies that are experiencing liquidity difficulties but are nevertheless willing to retain their staff. The instrument "Portfolio guarantee with a loss ceiling for overcoming the consequences of COVID-19" is funded by the Operational Program "Innovation and Competitiveness" (OPIC) 2014 - 2020.
Source: Monitor (22.07.2020)

BDB overcame the last obstacle to enter Fibank as a shareholder The Commission for Protection of Competition (CPC) has approved the entry of the state-owned Bulgarian Development Bank (BDB) as a shareholder in First Investment Bank (FIB). The decision is published on the website of the antitrust regulator. The Commission states in the document that the acquisition of 18.35% of Fibank's capital through the purchase of newly issued shares from the increase in the bank's capital will not lead to a change in the persons exercising control over Fibank, therefore there is no concentration. BDB bought most of the rights to the bank's capital increase, which was also approved by the government, given that the increase was one of the conditions for Bulgaria to be admitted to the "waiting room" of the eurozone. The recommendation for capital increase was made after a stress test of the European Central Bank (ECB) in connection with the candidacy of Bulgaria for membership in the currency bloc. By then, the financial institution had taken action to fill the gap and had secured EUR 130 mln.
Source: investor.bg (28.07.2020)

CB First Investment Bank AD-Sofia (5F4) The report can be found on the financial web-site X3News
Source: BSE (31.07.2020)

CB First Investment Bank AD-Sofia (5F4) We hereby inform you that on 31 July 2020 First Investment Bank’s capital increase was registered in the Commercial Register. This registration was carried out after the subscription for shares was successfully completed on 03 July 2020 based on the prospectus confirmed by the Financial Supervision Commission by decision No. 281-Å dated 23 April 2020.
Source: BSE (04.08.2020)

CB First Investment Bank AD-Sofia (5F4) We hereby inform you that on 31 July 2020 First Investment Bank’s capital increase was registered in the Commercial Register. This registration was carried out after the subscription for shares was successfully completed on 03 July 2020 based on the prospectus confirmed by the Financial Supervision Commission by decision No. 281-Å dated 23 April 2020. Please, refer to the entire piece of news, published in English on the financial website X3News.
Source: BSE (04.08.2020)

CB First Investment Bank AD-Sofia (5F4) First Investment Bank AD received a notification of significant shareholding pursuant to Article 145 (1), item 1 of the POSA from Bulgarian Development Bank AD and Valea Foundation. First Investment Bank AD submitted on 04 August 2020 to the Financial Supervision Commission an application for registration of the issue in the Register referred to in Article 30 (1), item 3 of the Financial Supervision Commission Act. Please, refer to the entire piece of news, published in English on the financial website X3News.
Source: BSE (06.08.2020)

Under favorable conditions, social and start-up enterprises will be able to receive loans of up to EUR 50,000. The loans will be guaranteed by the Fund of Funds and will have to be repaid within 10 years. The funds can be used for investment and working capital financing. The loans are intended for companies that otherwise find it difficult to obtain a bank loan due to their high risk profile - lack of financial history, unfavorable credit history, insufficient income and the possibility of collateral or other negative factors, the fund explained. Entrepreneurs from vulnerable groups such as people with disabilities, the unemployed for more than six months and young people up to the age of 29 can also realize their business ideas with such loans. The instrument will be implemented along with the currently existing financial instruments for risk-sharing microloans granted by First Investment Bank, Microfund JSC and Ciscredit JSC.
Source: Trud (07.08.2020)

The following decision has been adopted at a session of the BSE Board of Directors held under Record of Proceedings No. 46 of 07 August 2020: With reference to a Resolution passed by the FSC under No. 583-Å îò 06 August 2020 regarding the entry of a subsequent issue of shares of CB First Investment Bank AD in the Register of Public Companies and Other Securities Issuers under Art. 30 (1), item 3 of the FSC Act, the BSE Board of Directors admits to trading on the Premium Equities Segment of the BSE Main Market on the grounds of Art. 33 (8) in conjunction with Art. 19 of Part III - Listing Rules a subsequent issue of shares as follows: - Issuer: CB First Investment Bank AD-Sofia - ISIN of the issue of shares: BG1100106050 - BSE code of the issue of shares: 5F4 - Amount of the issue before the increase: BGN 110,000,000 - Amount of the increase: BGN 39,084,800 - Amount of the issue following the increase: BGN 149,084,800 - Number of shares following the increase: 149,084,800 - Nominal value per share: BGN 1.00 /one Bulgarian lev/ - Type of shares: Common, registered, dematerialised and voting shares - Date of entry into trade: 11 August 2020 (Tuesday)
Source: BSE (10.08.2020)

BSE has received an application for admission to trading of a subsequent issue of shares as follows: - Issuer: CB First Investment Bank AD-Sofia - ISIN of the issue: BG1100106050 - BSE code of the issue of shares: 5F4 - Amount of the issue prior to the increase: BGN 110,000,000 - Amount of the increase: BGN 39,084,800 - Amount of the issue following the increase: BGN 149,084,800 - Number of shares following the increase: 149,084,800 - Nominal value per share: BGN 1.00 /one Bulgarian lev/
Source: BSE (10.08.2020)

DSK Bank replaced Unicredit Bulbank from its first place DSK Bank is already the largest in Bulgaria in terms of assets, according to BNB data. By the end of the first half of the year, it already managed assets of BGN 21.9 billion, slightly ahead of the long-time leader Unicredit Bulbank (BGN 21.877 billion). This change is due to a merger - DSK acquired Societe Generale Expressbank, which in recent months has operated under the name Expressbank. Next in the ranking are UBB, Postbank, First Investment Bank and Raiffeisenbank. United Bulgarian Bank and Postbank also "grew" as a result of transactions with other credit institutions. UBB acquired the former Cibank, accepting its name and thus the merged bank climbed to third place. Postbank rose to fourth place after "swallowing" Alfa Bank and Piraeus. The state-owned Bulgarian Development Bank (BGN 3.5 billion) is also in the top 10 in terms of assets. A total of 17 of the 23 banks in the country manage assets worth over BGN 1 billion. The smallest banks in Bulgaria are Tokuda Bank, Texim Bank and Ziraat Bankasa, managing assets of BGN 381 million, BGN 380 million and and BGN 162 million, respectively.
Source: Sega (18.08.2020)

CB First Investment Bank AD-Sofia (5F4) The report can be found on the financial web-site X3News
Source: BSE (01.09.2020)

The BSE Indices Committee has adopted the following decisions under Record of Proceedings No. 7 at its session held on 08 September 2020: I. With reference to item 12 of Appendix No. 1 (SOFIX Calculation Methodology) to the Rules for Calculating the BSE Indices, the Indices Committee has adopted the following free-float factors of the issues comprising SOFIX in effect from 21 September 2020: BSE code Issuer Free-float factor 3JR Sopharma AD-Sofia 0.3568 6A6 Advance Terrafund REIT-Sofia 0.5833 6C4 Chimimport AD-Sofia 0.2223 5F4 CB First Investment Bank AD-Sofia 0.1500 5BU Bulgarian Real Estate Fund REIT-Sofia 0.7490 5DOV Doverie United Holding PLC-Sofia 0.6610 GR6 Gradus AD-Stara Zagora 0.1797 4EH Eurohold Bulgaria AD-Sofia 0.2093 0EA Elana Agrocredit AD-Sofia 0.7222 T57 Trace Group Hold AD-Sofia 0.2379 5V2 Holding Varna AD-Varna 0.3130 5SR Stara Planina Hold AD-Sofia 0.5923 SKK Sirma Group Holding JSC-Sofia 0.6070 5MB Monbat AD-Sofia 0.1750 4CF CB Central Cooperative Bank AD-Sofia 0.1666 The free-float data on the issues of SOFIX presented herein are the median value for the period 02 June - 01 September 2020. II. With reference to item 11 of Appendix No. 2 (BGBX 40 Calculation Methodology) to the Rules for Calculating the BSE Indices, the Indices Committee has adopted the following free-float factors of the issues comprising BGBX 40 in effect from 21 September 2020: BSE code Issuer Free-float factor 6C4 Chimimport AD-Sofia 0.2223 5F4 CB First Investment Bank AD-Sofia 0.1500 3JR Sopharma AD-Sofia 0.3568 6A6 Advance Terrafund REIT-Sofia 0.5833 5BU Bulgarian Real Estate Fund REIT-Sofia 0.7490 5DOV Doverie United Holding PLC-Sofia 0.6610 T57 Trace Group Hold AD-Sofia 0.2379 5MB Monbat AD-Sofia 0.1750 4CF CB Central Cooperative Bank AD-Sofia 0.1666 GR6 Gradus AD-Stara Zagora 0.1797 0EA Elana Agrocredit AD-Sofia 0.7222 SKK Sirma Group Holding JSC-Sofia 0.6070 SO5 Sopharma Trading AD-Sofia 0.2547 6S6 Sopharma Properties REIT-Sofia 0.2257 0SP Speedy AD-Sofia 0.1010 4EH Eurohold Bulgaria AD-Sofia 0.2093 5SR Stara Planina Hold AD-Sofia 0.5923 A4L Allterco AD-Sofia 0.1552 6AM Alcomet AD-Shumen 0.0990 6AB Albena AD-Albena 0.2993 6SOA Sofia Commerce-Pawn Brokerage AD-Sofia 0.3834 4KX Korado Bulgaria AD-Strazhitsa 0.1785 7TH Tchaikapharma High Quality Medicines AD-Sofia 0.0446 3NB Neochim AD-Dimitrovgrad 0.2370 T43 Zarneni Hrani Bulgaria AD-Sofia 0.2001 4I8 Industrial Capital Holding AD-Sofia 0.5662 4HE Hydraulic Elements and Systems AD-Yambol 0.2019 3CZ CEZ Distribution Bulgaria AD-Sofia 0.2602 5MH M+S Hydraulic AD-Kazanlak 0.2315 5V2 Holding Varna AD-Varna 0.3130 4ID Industrial Holding Bulgaria PLC-Sofia 0.4276 A72 Agria Group Holding AD-Varna 0.1763 BSO Bulgarian Stock Exchange-Sofia 0.4995 5AX Aktiv Properties REIT-Plovdiv 0.5107 BPY Bravo Property Fund REIT-Sofia 0.2242 5CQ Capital Management SPV-Sofia 0.4600 11C Eleven Capital AD-Sofia 0.5437 4HS Holding Sveta Sofia AD-Sofia 0.6701 6R2 Rodna Zemya Holding AD-Dobrich 0.3589 6SB Super Borovetz Property Fund REIT-Varna 0.5261 The free-float data on the issues of BGBX 40 presented herein are the median value for the period 02 June - 01 September 2020.
Source: BSE (09.09.2020)

The BSE Board of Directors has adopted the following decisions at a session held under Record of Proceedings No. 51 of 08 September 2020: I. Revision of the SOFIX index base Here follow the first fifteen (15) issues of shares meeting the requirements of Art. 9 of the Rules and item 3 of Appendix No. 1 (SOFIX Calculation Methodology) and classified according to items 4-7 of Appendix No. 1: BSE code Issuer Free-float market cap (BGN) Median weekly turnover (BGN) Number of deals Average value of the spread 3JR Sopharma AD-Sofia 151,021,096 113,870 2,557 0.04863277 6A6 Advance Terrafund REIT-Sofia 86,878,253 76,592 1,906 0.03801364 6C4 Chimimport AD-Sofia 50,076,963 74,831 3,843 0.05543537 5F4 CB First Investment Bank AD-Sofia 45,172,694 183,277 2,849 0.07678571 5BU Bulgarian Real Estate Fund REIT-Sofia 44,887,967 70,110 1,580 0.04282733 5DOV Doverie United Holding PLC-Sofia 39,754,442 77,261 1,818 0.08243252 GR6 Gradus AD-Stara Zagora 61,287,079 32,904 939 0.06590944 4EH Eurohold Bulgaria AD-Sofia 60,772,899 199,000 632 0.15487865 SO5 Sopharma Trading AD-Sofia 47,579,099 25,492 821 0.07505332 0EA Elana Agrocredit AD-Sofia 26,189,591 45,402 791 0.05220985 T57 Trace Group Hold AD-Sofia 21,071,279 45,745 1,273 0.08254306 5V2 Holding Varna AD-Varna 76,331,225 17,509 266 0.08270570 5SR Stara Planina Hold AD-Sofia 58,708,776 13,547 493 0.09212096 SKK Sirma Group Holding JSC-Sofia 24,501,647 40,463 1,216 0.09495828 5MB Monbat AD-Sofia 22,522,500 31,848 1,277 0.10939707 As a result of the verification under item 13 of Appendix No. 1 (SOFIX Calculation Methodology), it appeared that the weight of the economic group including Sopharma AD and Sopharma Trading AD exceeds the 20% threshold as at 01 September 2020. In this connection, the issue of shares of Sopharma Trading AD is excluded from the above classification. The next issue classified according to items 4-7 of Appendix No. 1, that meets the requirements of Art. 9 of the Rules and item 3 of Appendix No. 1, is the issue of shares of CB Central Cooperative Bank AD, which has the following parameters: BSE code Issuer Free-float market cap (BGN) Median weekly turnover (BGN) Number of deals Average value of the spread 4CF CB Central Cooperative Bank AD-Sofia 20,332,659 18,078 1,308 0.09217060 Based on the information above and on Art. 15 (4) of the Rules for Calculating the BSE Indices in conjunction with item 17 of Appendix No. 1 (SOFIX Calculation Methodology), the BSE Board excluded the following three issues of shares from the SOFIX index base: 4ID Industrial Holding Bulgaria PLC-Sofia 5MH M+S Hydraulic AD-Kazanlak 6AB Albena AD-Albena and included the following three issues of shares in the SOFIX index base: 4EH Eurohold Bulgaria AD-Sofia T57 Trace Group Hold AD-Sofia SKK Sirma Group Holding JSC-Sofia The decision for amendments to the SOFIX index base will become effective as of 21 September 2020.
Source: BSE (09.09.2020)

The SAC will not consider the complaint against BDB's participation in Fibank The Supreme Administrative Court (SAC) left without consideration the request for suspension of the preliminary implementation of the decisions of the Council of Ministers on the participation of the Bulgarian Development Bank in the capital increase of First Investment Bank. An administrative case was initiated on a complaint of two individuals against the government's decisions of June 12, 2020. At the Cabinet meeting in question, the report presented by the Minister of Economy and the Minister of Finance on actions taken by BDB to acquire shares from the capital increase of Fibank was approved and a decision was made to involve BDB under market conditions and up to 70% of the total volume of subscribed and paid shares. The Supreme Judges of the three-member panel accept that the dispute over the legality of the decisions is not within the jurisdiction of the administrative court, as the decisions of the Council of Ministers are not administrative or normative (according to the provisions of the Administrative Procedure Code). The decisions were taken in the exercise of the rights of the principal - Ministry of Economy and Energy, in the company. According to the statutes of BDB, for participation of one bank in the increase of the capital of another, as creating a commercial legal relationship, is outside the regulated jurisdiction of the administrative courts. The Supreme Judges also accepted that the decisions of the Council of Ministers were of an internal nature without any external manifestation of the rights and interests of the applicants. The decision concerning the participation of BDB in the capital increase of Fibank is a stage of a procedure for participation of one company in a procedure for repurchase of shares for increase of the capital of another.
Source: investor.bg (15.09.2020)

Commercial banks approved nearly BGN 80 million under the BDB program for interest-free lending Nearly BGN 80 million are the approved requests from commercial banks for a loan under the anti-crisis program for interest-free lending to individuals. This is shown by the data of the Bulgarian Development Bank as of September 28. Loan applications already exceed 30,500, with almost 19,000 already approved and another 837 pending. Nearly a third of them are from employed persons, and the rest are self-employed. The average value of the approved loans is BGN 4,228. The application period is until the end of 2020. Partners under the Guarantee Program for providing interest-free loans up to BGN 4,500 to help people deprived of the opportunity to work due to the COVID-19 pandemic are Allianz Bank, DSK Bank, Investbank, International Asset Bank, UBB, Municipal Bank, First Investment Bank, Postbank, Raiffeisenbank, Commercial Bank D, Central Cooperative Bank and UniCredit Bulbank.
Source: Company information (29.09.2020)

CB First Investment Bank AD-Sofia (5F4) First Investment Bank signed an agreement with Fitch Ratings for Public Monitored Ratings of First Investment Bank
Source: BSE (29.09.2020)

The project for vending machines for medicines has been withdrawn Pos Pharma has withdrawn the project for vending machines to sell prescription drugs, Health Minister Prof. Kostadin Angelov has said. This happened on Friday, when it first became clear that under the memorandum of understanding approved by the Council of Ministers for a high-tech park is a project for the deployment of vending machines for prescription drugs. The government has also withdrawn its support for the memorandum, but Angelov could not explain whose initiative it was to abandon the project in the end. The Ministry of Economy, which is the initiator of the secret decision, has not joined the debate on it in recent days. Although the memorandum received the green light from the government, the project provoked outrage from the Bulgarian Pharmaceutical Union and patient organizations. The Ministry of Health has also given a negative opinion on the memorandum, as it maintains that only over-the-counter drugs can be sold through vending machines, as is currently the case in the country. However, it became clear from the minister's words that the investor did not want such restrictions and withdrew his project. The project is for BGN 20 million, which will be provided through a loan from Fibank. Investors say they will create 50 jobs.
Source: Sega (30.09.2020)

CB First Investment Bank AD-Sofia (5F4) Notification of the admission for trading on a regulated market (Bourse de Luxembourg) of a perpetual bond issued in an initial private offering on 20 December 2019 by First Investment Bank AD, with a total amount of EUR 30,000,000 (thirty million) and ISIN code: BG2100023196
Source: BSE (19.10.2020)

Fibank signed an agreement with the Fund of Funds for granting guaranteed loans with the possibility of providing an interest rate subsidy In order to support the activities of small and medium enterprises in the country in the economic crisis related to the pandemic of COVID-19, Fibank (First Investment Bank) signed a portfolio guarantee agreement with the Fund Manager of financial instruments in Bulgaria (Fund of Funds). The document was signed on 23.10.2020 by Chief Executive Officer (CEO) of Fibank and Executive Director and member of the Management Board of the bank, and on behalf of FMFIB was the Executive Director. The new instrument is called "Portfolio guarantee with a loss ceiling for overcoming the consequences of COVID-19" and is funded by the Operational Program "Innovation and Competitiveness" 2014 - 2020. Its purpose is to facilitate access of Bulgarian companies to financing for overcoming the negative effects caused by the current economic situation in the country. The loans will be granted on extremely favorable terms - a reduction of at least 25% of the standard collateral requirements or the price of the loan, and it is possible to apply a combined approach. In addition to guarantee coverage on loans, the Instrument also provides for the provision of an interest rate subsidy to the final customer under certain conditions. The guarantees under the scheme are free of charge for the borrowers. Companies can count on support in two areas: investment loans with the possibility of a grace period of up to 24 months and working capital loans with the possibility of up to 12 months of principal, including loans to overcome financial difficulties due or aggravated from the COVID-19 epidemic. The provided financing has a term of 12 to 120 months, for working capital financing up to 60 months, as there is no limit on the amount of each loan. The maximum annual interest rate on loans without collateral will be up to BIR + 7%.
Source: actualno.com (27.10.2020)

BDB has approved guarantees for BGN 178 million under anti-crisis programs The Bulgarian Development Bank has announced that as of October 26, under the two guarantee programs managed by it, commercial banks have approved loans for over BGN 178 million. The Bulgarian micro, small and medium enterprises approved under the guarantee program to support the business affected by the COVID-19 pandemic are 643. The total amount of confirmed loans that banks have approved for these companies is BGN 90.7 million. According to BDB, companies from the trade, tourism, transport and manufacturing sectors have shown the most serious interest in the program. Among the funded are also companies in the field of agriculture, construction, services and advertising. Citizens who have been approved to receive interest-free loans up to BGN 4,500 are now over 21,000. Their total value is just over BGN 88 million. Loan applications exceed 32,700, with 710 currently being considered. The average amount of loans is BGN 4,224.35. Under the business support program, BDB guarantees loans of up to BGN 300,000 to small and medium-sized enterprises that suffer negative consequences from the pandemic. The loans are granted by 8 partner banks, with reduced collateral requirements and the possibility of a grace period of up to 3 years. The financial institutions granting the loans are Allianz Bank, DSK Bank, Bulgarian-American Credit Bank, Investbank, First Investment Bank, Postbank, D Commercial Bank and UniCredit Bulbank. Partner banks can include both new and existing loans in the program. The condition is that the companies experience difficulties in 2020 and have not been overdue for more than 90 days in the last year. Under the other anti-crisis program - for interest-free lending to individuals, loans of up to BGN 4,500 are granted - at once or up to three tranches of BGN 1,500 each. Applicants may be employees who have been on forced unpaid leave or self-employed persons whose activities have been temporarily suspended due to the emergency. The maximum repayment period is 5 years, with a minimum of 6 months and a maximum of 24 months grace period. The loans are exempt from fees, commissions and penalties. The partners in the program are 12 commercial banks, 10 of which continue to accept applications for interest-free loans. These are Allianz Bank Bulgaria, DSK Bank, Investbank, First Investment Bank, D Commercial Bank, UniCredit Bulbank, United Bulgarian Bank, Eurobank Bulgaria, Raiffeisenbank and Central Cooperative Bank. The deadline for applying for both BDB guarantee programs is until the end of 2020.
Source: money.bg (29.10.2020)

CB First Investment Bank AD-Sofia (5F4) The report can be found on the financial web-site X3News
Source: BSE (02.11.2020)

CB First Investment Bank AD-Sofia (5F4) First Investment Bank's Ratings from Fitch Ratings
Source: BSE (12.11.2020)

BNB set the level of buffers for 8 banks The BNB has set a buffer level for 8 banks applicable to the total value of risk exposures. The official statement of the BNB reads that the Governing Council of the BNB designated eight banks as other systemically important institutions, based on an ordinance of the Central Bank itself and the pan-European methodology set out in Guidelines of the European Banking Authority. Immediately after that, the buffer amounts were determined, which come into force on January 1, 2021. For UniCredit Bulbank, DSK Bank, First Investment Bank, the determined amount is 1 percent. For United Bulgarian Bank, Eurobank Bulgaria, Raiffeisenbank (Bulgaria) the amount is 0.75 percent. And for the Bulgarian Development Bank and Central Cooperative Bank - 0.5 percent. According to the BNB, the buffer is a preventive measure aimed at banks of systemic importance. Its purpose is "to strengthen the capacity to absorb losses, thus limiting the transfer of risks from a potential stressful situation in a systemically important bank to other credit institutions or the banking system as a whole". Higher capital requirements strengthen the resilience of systemic institutions to adverse shocks and ensure the normal functioning of the banking system even at a time of significant unexpected future losses, the Central Bank writes.
Source: Sega (01.12.2020)

CB First Investment Bank AD-Sofia (5F4) The report can be found on the financial web-site X3News
Source: BSE (01.12.2020)

The BSE Indices Committee has adopted the following decisions under Record of Proceedings No. 9 at its session held on 02 December 2020: I. With reference to item 12 of Appendix No. 1 (SOFIX Calculation Methodology) to the Rules for Calculating the BSE Indices, the Indices Committee has adopted the following free-float factors of the issues comprising SOFIX in effect from 21 December 2020: BSE code Issuer Free-float factor 6A6 Advance Terrafund REIT-Sofia 0.5796 GR6 Gradus AD-Stara Zagora 0.1797 5DOV Doverie United Holding PLC-Sofia 0.6610 4EH Eurohold Bulgaria AD-Sofia 0.2469 0EA Elana Agrocredit AD-Sofia 0.7179 5MB Monbat AD-Sofia 0.1750 SKK Sirma Group Holding JSC-Sofia 0.5362 3JR Sopharma AD-Sofia 0.3538 5SR Stara Planina Hold AD-Sofia 0.5923 5F4 CB First Investment Bank AD-Sofia 0.1107 4CF CB Central Cooperative Bank AD-Sofia 0.1666 T57 Trace Group Hold AD-Sofia 0.2379 5BU Bulgarian Real Estate Fund REIT-Sofia 0.7433 6C4 Chimimport AD-Sofia 0.2223 5V2 Holding Varna AD-Varna 0.3027 The free-float data on the issues of SOFIX presented herein are the median value for the period 02 September - 01 December 2020. II. With reference to item 11 of Appendix No. 2 (BGBX40 Calculation Methodology) to the Rules for Calculating the BSE Indices, the Indices Committee has adopted the following free-float factors of the issues comprising BGBX40 in effect from 21 December 2020: BSE code Issuer Free-float factor A72 Agria Group Holding AD-Varna 0.1763 6A6 Advance Terrafund REIT-Sofia 0.5796 5AX Aktiv Properties REIT-Plovdiv 0.2542 6AB Albena AD-Albena 0.2993 6AM Alcomet AD-Shumen 0.0990 A4L Allterco AD-Sofia 0.1552 BPY Bravo Property Fund REIT-Sofia 0.2485 BSO Bulgarian Stock Exchange-Sofia 0.4995 GR6 Gradus AD-Stara Zagora 0.1797 5DOV Doverie United Holding PLC-Sofia 0.6610 4EH Eurohold Bulgaria AD-Sofia 0.2469 0EA Elana Agrocredit AD-Sofia 0.7179 T43 Zarneni Hrani Bulgaria AD-Sofia 0.2001 11C Eleven Capital AD-Sofia 0.5437 4I8 Industrial Capital Holding AD-Sofia 0.5662 4ID Industrial Holding Bulgaria PLC-Sofia 0.4222 5CQ Capital Management SPV-Sofia 0.3814 4KX Korado Bulgaria AD-Strazhitsa 0.1785 5MH M+S Hydraulic AD-Kazanlak 0.2300 5MB Monbat AD-Sofia 0.1750 3NB Neochim AD-Dimitrovgrad 0.2370 6R2 Rodna Zemya Holding AD-Sofia 0.3601 SKK Sirma Group Holding JSC-Sofia 0.5362 3JR Sopharma AD-Sofia 0.3538 6S6 Sopharma Properties REIT-Sofia 0.2267 SO5 Sopharma Trading AD-Sofia 0.2391 6SOA Sofia Commerce-Pawn Brokerage AD-Sofia 0.3840 0SP Speedy AD-Sofia 0.1010 5SR Stara Planina Hold AD-Sofia 0.5923 6SB Super Borovetz Property Fund REIT-Varna 0.5293 5F4 CB First Investment Bank AD-Sofia 0.1107 4CF CB Central Cooperative Bank AD-Sofia 0.1666 T57 Trace Group Hold AD-Sofia 0.2379 5BU Bulgarian Real Estate Fund REIT-Sofia 0.7433 4HE Hydraulic Elements and Systems AD-Yambol 0.2019 6C4 Chimimport AD-Sofia 0.2223 5V2 Holding Varna AD-Varna 0.3027 4HS Holding Sveta Sofia AD-Sofia 0.6701 7TH Tchaikapharma High Quality Medicines AD 0.0452 3CZ CEZ Distribution Bulgaria AD-Sofia 0.2602 The free-float data on the issues of BGBX40 presented herein are the median value for the period 02 September - 01 December 2020.
Source: BSE (03.12.2020)

New duel for Bulsatcom The largest TV provider, Bulsatcom, may soon have a new owner. This week, the foreign funds collected offers for the operator and certainly a proposal has been submitted by the former largest shareholder in Bulgarian Telecommunications Company (BTK), Spas Rusev, but there is a chance that there will be a second offer. Along with the sale, however, Bulsatcom founder Plamen Genchev has also exercised his option to buy back the company founded 15 years ago in Stara Zagora. So, in theory, Bulsatcom may have an old owner. The deal is important for about 650,000 customers of the TV operator. It is also relatively large for the Bulgarian size - the company's valuation is about EUR 120 million. In both cases, the future owner looks local and revolutions are unlikely. In the Rusev variant, another deal can be assumed, logically with one of the three big telecoms. And with Genchev, there is a risk that the local financing bank (most likely Fibank) will take control in the future, similar to Net 1.
Source: Capital (11.12.2020)

The BSE Indices Committee has adopted the following decisions under Record of Proceedings No. 10 at its session held on 19 December 2020 : I. With reference to item 14 of Appendix No. 1 (SOFIX Calculation Methodology) to the Rules for Calculating the BSE Indices, the Indices Committee has adopted the following weight factors, other than one (1), of the SOFIX constituents, in effect from 21 December 2020: BSE code Issuer Weight factor 3JR Sopharma AD-Sofia 0.755594 II. With reference to item 12 of Appendix No. 2 (BGBX40 Calculation Methodology) to the Rules for Calculating the BSE Indices, the Indices Committee has adopted the following weight factors, other than one (1), of the BGBX40 constituents, in effect from 21 December 2020: BSE code Issuer Weight factor 3JR Sopharma AD-Sofia 0.981413 III. With reference to item 9 of Appendix No. 3 (BG REIT Calculation Methodology) to the Rules for Calculating the BSE Indices, the Indices Committee has adopted the following weight factors, other than one (1), of the BG REIT constituents, in effect from 21 December 2020: BSE code Issuer Weight factor 6A6 Advance Terrafund REIT-Sofia 0.495454 5H4 Balkan and Sea Properties REIT-Varna 0.797958 IV. With reference to item 15 of Appendix No. 4 (BG TR30 Calculation Methodology) to the Rules for Calculating the BSE Indices, the Indices Committee has adopted the following weight factors of the BG TR30 constituents, in effect from 21 December 2020: BSE code Issuer Weight factor 6A6 Advance Terrafund REIT-Sofia 9.448571 5AX Aktiv Properties REIT-Plovdiv 1.695897 6AB Albena AD-Albena 0.645898 1VX Velgraf Asset Management AD-Sofia 4.052696 GR6 Gradus AD-Stara Zagora 11.403448 5DOV Doverie United Holding PLC-Sofia 5.199686 4EH Eurohold Bulgaria AD-Sofia 9.502874 0EA Elana Agrocredit AD-Sofia 15.899038 GTH Galata Investment Company AD-Varna 8.267500 4I8 Industrial Capital Holding AD-Sofia 9.394886 4ID Industrial Holding Bulgaria PLC-Sofia 21.335484 5CQ Capital Management SPV-Sofia 0.254385 5MH M+S Hydraulic AD-Kazanlak 2.603937 5MB Monbat AD-Sofia 3.974760 6R2 Rodna Zemya Holding AD-Dobrich 6.359615 SKK Sirma Group Holding JSC-Sofia 29.265487 3JR Sopharma AD-Sofia 5.167188 6S6 Sopharma Properties REIT-Sofia 2.952679 SO5 Sopharma Trading AD-Sofia 3.006364 0SP Speedy AD-Sofia 0.280254 5SR Stara Planina Hold AD-Sofia 3.179808 6SB Super Borovetz Property Fund REIT-Varna 6.359615 5F4 CB First Investment Bank AD-Sofia 8.842246 4CF CB Central Cooperative Bank AD-Sofia 16.958974 T57 Trace Group Hold AD-Sofia 4.863235 5BU Bulgarian Real Estate Fund REIT-Sofia 9.960843 6C4 Chimimport AD-Sofia 17.684492 58E Himsnab Bulgaria AD-Sofia 0.330700 5V2 Holding Varna AD-Varna 0.419670 3CZ CEZ Distribution Bulgaria AD-Sofia 0.071891 V. With reference to item 17 of the Rules for Calculating the Good Corporate Governance Index (CGIX), the Indices Committee has adopted the following weight factors, other than one (1), of the CGIX constituents, in effect from 21 December 2020: BSE code Issuer Weight factor 3JR Sopharma AD-Sofia 0.381962
Source: BSE (22.12.2020)