CB First Investment Bank AD-Sofia (FIB) Disclosure of Q3 2022 information by First Investment Bank AD under Regulation (EU) No. 575/2013 and implementing Regulation (EU) 2021/637
Source: BSE (05.01.2023)

Commercial banks whose shares are traded on the Bulgarian Stock Exchange did not pay dividends to their shareholders last year. These are First Investment Bank AD, Central Cooperative Bank AD and Teksim Bank AD. In February 2022, the Governing Council of the BNB adopted a decision to suspend the restriction on the distribution of banks' profits for 2019 and 2020. It concerned the distribution of profits in whole or in part, in the form of a dividend, share buyback or other similar payment. The measure was aimed at stabilizing the capital position of banks and the banking system.
Source: Banker (10.01.2023)

"First Investment Bank" AD (FIB) has repaid an old bond issue with the new issue for EUR 40 million, which will be issued in four tranches in 2021 and 2022. The old bond issue was registered with the Central Depository in March 2011. In 2021 FIB announced a one-year bond issuance program with a total amount of EUR 100 million. In the first series of bonds under the program, the bank issued three tranches - the first for 17.133 million euros, the second for 10 million euros and the third for almost 2.9 million euros, or for a total of 30 million euros. In the second series of bonds under the program, the bank issued one tranche for 10 million euros, i.e. total of the four tranches and the two series – 40 million euros. At the end of 2022, the bank decided that it would continue the program. Thus, it will be able to issue bonds for another up to 60 million euros. The book will qualify for Additional Tier 1 capital.
Source: investor.bg (09.02.2023)

CB First Investment Bank AD-Sofia (FIB) Information regarding repurchased Fibank perpetual notes under ISIN code BG2100008114
Source: BSE (09.02.2023)

The net profit of the "First Investment Bank" Group last year amounted to BGN 97.13 million. The positive financial result before taxation for the year is BGN 109.27 million, and the profit before provisions and depreciation is BGN 249.63 million. The group has foreign operations in Cyprus (Cyprus branch) and Albania (subsidiary). As of the end of December, the total number of branches and offices of "First Investment Bank" AD in Bulgaria is 125, of which 42 are located in Sofia, and 83 - in cities outside the capital. In 2022, as well as in 2021, the bank did not distribute dividends to its shareholders. Shareholders in "First Investment Bank" are Tseko Todorov Minev and Ivaylo Dimitrov Mutafchiev - each of them with 46,750,000 shares or 31.36 percent of the capital. "Bulgarian Development Bank" AD owns 27,350,000 shares or 18.35 percent and Valea Foundation - with 11,734,800 shares or 7.87 percent of the capital. The remaining 16,500,000 shares or 11.06 percent of the bank's voting rights are owned by other shareholders - Bulgarian and foreign companies and individual investors owning shares subject to free trade on the "Bulgarian Stock Exchange" (free-float).
Source: Banker (06.03.2023)

"Bulgargaz" is negotiating with TPP "Varna", which is owned by the honorary chairman of DPS Ahmed Dogan, to reschedule the obligation in the amount of over BGN 40 million. According to the Minister of Energy Rosen Hristov, the private company is not working, and the state-owned "Bulgargaz" is in front of an agreement "that will ensure the full payment of the debts and interest, so that it can start working and pay its debts". The court case filed by "Bulgargaz" was repeatedly postponed for various reasons and the next hearing is scheduled for April 19. Varna Thermal Power Plant was sold at the end of 2017 by the Czech state company CEZ to Sigda - a company of the family of the former transport minister from the Oresharsky cabinet, Danail Papazov. At the time, the deal was financed with a little over 24 million euro loan from First Investment Bank. Months later, in 2018, the honorary chairman of DPS Ahmed Dogan bought 70% of "Sigda" for about BGN 1.5 million, according to Papazov himself. Last month, the website "BIRD.BG" published the text of the contract, according to which the debtor "TPP Varna" transferred on February 15 of this year assets with a balance sheet value of BGN 64 million of the company "Sigda".
Source: Dnevnik (07.03.2023)

Sopharma is the most profitable SOFIX stock in the second month of the year "Doverie United Holding" AD, "Dronamix Capital" AD and "Sopharma" AD were the three most liquid stocks on BSE-Sofia in February. 425 deals were concluded with Doverie United Holding shares, 260 deals with Dronamix Capital, and 259 deals with Sopharma, BSE-Sofia reported. "Sopharma" is also the most profitable SOFIX stock for February with a price increase of 16.59%. They are followed by "Alterco" with 8.06% and "M+S Hidravlik" with 5.41%. "Telelink Business Services Group" JSC is the biggest loser among the companies included in SOFIX, with a drop in the share price of 11.53% in February. In second place is "Sirma Group Holding" AD with a 6.25% drop, and in third place - First Investment Bank with 3.39%. The turnover in February exceeded BGN 29.4 million, which is 8.51% more than in January. For January and February, the turnover of BSE-Sofia is slightly over BGN 56.5 million, which is 26.13% less compared to the turnover for January and February 2022. Last month, fewer transactions were concluded compared to January – 4755, or 14.01% less. For the first two months of the year, transactions decreased by 40.89% compared to the first two months of 2022. Over a third of the BSE-Sofia turnover in February (35.11%) - over BGN 10.325 million - was from transactions with Standard segment shares. Another almost 30% - BGN 8.592 million, are the so-called "others", i.e. from Alternative Market.
Source: investor.bg (08.03.2023)

At a meeting of the Committee on Indices at BSE AD under Protocol No. 2 dated 10.03.2023, the following decisions were taken: I. In relation to item 12 of Appendix No. 1 (Methodology for calculating SOFIX) to the Rules for calculating indices of the Bulgarian Stock Exchange, the Indices Commission determines the following free-float coefficients for the issues included in the SOFIX base, which will enter into force as of 20.03.2023: Stock code Issuer Free-float coefficient ATER Advance Terafund REIT-Sofia 0.6120 A4L Alterco AD-Sofia 0.3582 BSE Bulgarian Stock Exchange AD-Sofia 0.4995 GR6 Gradus AD-Stara Zagora 0.1788 DUH Trust United Holding AD-Sofia 0.6076 EUBG Eurohold Bulgaria AD-Sofia 0.4931 MONB Monbat AD-Sofia 0.1741 NEOH Neohim AD-Dimitrovgrad 0.3139 SFA Sopharma AD-Sofia 0.3104 SFT Sopharma Trading AD-Sofia 0.1275 FIB TB First Investment Bank AD-Sofia 0.1107 CCB TB Central Cooperative Bank AD-Sofia 0.1666 BREF Real Estate Fund Bulgaria REIT-Sofia 0.7429 CHIM Chimimport AD-Sofia 0.2161 HVAR Holding Varna AD-Varna 0.3025 Free-float emissions data from SOFIX is a median value for the period from 02.12.2022 to 01.03.2023. II. In connection with item 11 of Appendix No. 2 (Methodology for calculating BGBX40) to the Rules for calculating indices of the Bulgarian Stock Exchange, the Indices Commission determines the following coefficients for free-float issues included in the base of BGBX 40, which will enter into force as of 20.03.2023: Stock code Issuer Free-float coefficient AGH Agria Group Holding AD-Varna 0.2135 ATER Advance Terafund REIT-Sofia 0.6120 ALB Albena JSC-k.c. Albena 0.2993 ALCM Alcomet AD-Shumen 0.0990 A4L Alterco AD-Sofia 0.3582 BSP Balkan and Sea Properties REIT-Varna 0.3956 BSE Bulgarian Stock Exchange AD-Sofia 0.4995 VAM Velgraf Asset Management AD-Sofia 0.3864 GR6 Gradus AD-Stara Zagora 0.1788 DUH Trust United Holding AD-Sofia 0.6076 EUBG Eurohold Bulgaria AD-Sofia 0.4931 EAC Elana Agrocredit AD-Sofia 0.6626 ELHM Elhim Iskra AD-Pazardzhik 0.2636 EMKA EMKA AD-Sevlievo 0.2268 ZHBG Cereals Bulgaria AD-Sofia 0.2001 11C Eleven Capital AD-Sofia 0.5466 IHB Industrial Holding Bulgaria AD-Sofia 0.2221 KBG Corrado-Bulgaria AD-Strazitsa 0.1785 MSH M+C hydraulic AD-Kazanlak 0.2295 MONB Monbat AD-Sofia 0.1741 NEOH Neohim AD-Dimitrovgrad 0.3139 BRP Shipping Bulgarian River Navigation AD-Ruse 0.2385 SNRG Synergon Holding AD-Sofia 0.4322 SGH Sirma Group Holding AD-Sofia 0.5377 SFA Sopharma AD-Sofia 0.3104 SFI Sopharma Real Estate REIT-Sofia 0.1361 SFT Sopharma Trading AD-Sofia 0.1275 SCOM Sofia Commerce-Pawnshops AD-Sofia 0.3114 SPDY Speedy AD-Sofia 0.1010 SPH Stara planina Hold AD-Sofia 0.5935 FIB TB First Investment Bank AD-Sofia 0.1107 CCB TB Central Cooperative Bank AD-Sofia 0.1666 TBS Telelink Business Services Group AD-Sofia 0.1916 TIB Telematic Interactive Bulgaria AD-Sofia 0.0741 FZLS Phaserless AD-Silistra 0.4141 BREF Real Estate Fund Bulgaria REIT-Sofia 0.7429 HES Hydraulic elements and systems AD-Yambol 0.2029 CHIM Chimimport AD-Sofia 0.2161 HVAR Holding Varna AD-Varna 0.3025 THQM Chaikapharma High-quality medicines AD-Sofia 0.0503 Free-float emission data from BGBX40 is a median value for the period from 02.12.2022 to 01.03.2023.
Source: BSE (13.03.2023)

At a meeting of the Board of Directors of the BSE AD, according to Protocol No. 12 of 10.03.2023, the following decisions were taken: I. Revision based on SOFIX The first 16 (sixteen) issues of shares meeting the requirements of Art. 9 of the Rules and item 3 of Appendix No. 1 (SOFIX calculation methodology), classified according to items 4-7 of Appendix No. 1, are as follows: Emission Free float protection. Capt. (BGN) Median of weekly turnover (BGN) Number of transactions Spread Avg.-arithm. St. St Alterco AD-Sofia 147 005 272 152 821 1 477 0.03720689 Sopharma AD-Sofia 211 298 403 91 531 978 0.02062097 Advance Terrafund REIT-Sofia 169 283 971 78 114 1 272 0.02638807 Doverie United Holding AD-Sofia 104 236 651 105 011 2 154 0.03849930 Eurohold Bulgaria AD-Sofia 218 369 335 80 007 849 0.07158769 Real estate fund Bulgaria REIT-Sofia 54 044 521 40 503 923 0.04360507 Holding Varna AD-Varna 85 542 496 35 096 406 0.01857990 Bulgarian Stock Exchange AD-Sofia 26 798 329 41 767 1 239 0.03809130 Chemimport AD-Sofia 40 290 720 38 271 1 015 0.05865594 Sopharma Trading AD-Sofia 25 871 563 44 887 954 0.05047794 Monbat AD-Sofia 28 924 974 30 408 799 0.04884203 TB Central Cooperative Bank AD-Sofia 35 158 556 49 942 577 0.07516278 TB First Investment Bank AD-Sofia 37 628 407 28 070 727 0.06670798 Neohim AD-Dimitrovgrad 34 327 963 27 112 758 0.06414553 Gradus AD-Stara Zagora 61 415 705 19 306 339 0.07334522 Telelink Business Services Group AD-Sofia 24 309 250 25 155 630 0.04747569 As a result of the inspection under item 13 of Appendix 1 (Methodology for calculating SOFIX), it was established that the weight of the economic group, including the issue of shares of Sopharma AD-Sofia and Sopharma Trading AD-Sofia, does not exceed the requirement of 20% as of 01.03 .2023, accordingly, it is not necessary to exclude one of the issues from the ranking. There is a circumstance according to item 5 of Appendix No. 1 (Methodology for calculating SOFIX) that two issues occupy the same place in the ranking. In this case, the issues with the same rank (rank in total: 61 points) are Gradus AD-Stara Zagora and Telelink Business Services Group AD-Sofia. In accordance with the above-mentioned item 5, priority is given to the emission with a greater market value of the free-float, namely: Gradus AD-Stara Zagora. Based on the above, on the basis of Art. 15, item 4 of the BSE Index Calculation Rules in connection with item 17 of Appendix 1 (Methodology for calculating SOFIX), the Board of Directors excludes the following four share issues from the basis of the SOFIX index: EAC Elana Agrocredit AD-Sofia, MSH M+C hydraulic AD-Kazanlak, SGH Sirma Group Holding AD-Sofia, i TBS Telelink Business Services Group AD-Sofia; and adds the following four share issues to the SOFIX index base: BSE Bulgarian Stock Exchange AD-Sofia, SFT Sopharma Trading AD-Sofia, MONB Monbat AD-Sofia, i GR6 Gradus AD-Stara Zagora. The decision to change the basis of the SOFIX index comes into force as of March 20, 2023.
Source: BSE (13.03.2023)

BSE Indices Committee adopted the following decisions under Record of Proceedings No. 3 at its session held on 18 March 2023: I. With reference to item 14 of Appendix No. 1 (SOFIX Calculation Methodology) to the Rules for Calculating the BSE Indices, the Indices Committee adopted the following weight factors, other than one (1), of the SOFIX constituents, in effect from 20 March 2023: BSE code Issuer Weight factor SFA Sopharma AD-Sofia 0.816581 II. With reference to item 12 of Appendix No. 2 (BGBX 40 Calculation Methodology) to the Rules for Calculating the BSE Indices, the Indices Committee adopted the following weight factors, other than one (1), of the BGBX 40 constituents, in effect from 20 March 2023: BSE code Issuer Weight factor SFA Sopharma AD-Sofia 0.952816 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 adopted the following weight factors, other than one (1), of the BG REIT constituents, in effect from 20 March 2023: BSE code Issuer Weight factor ATER Advance Terrafund REIT-Sofia 0.306617 BSP Balkan and Sea Properties REIT-Varna 0.861199 BREF Bulgarian Real Estate Fund REIT-Sofia 0.933740 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 adopted the following weight factors of the BG TR30 constituents, in effect from 20 March 2023: BSE code Issuer Weight factor AGH Agria Group Holding AD-Varna 1.003375 ATER Advance Terrafund REIT-Sofia 7.409538 ALB Albena AD-Albena 0.919122 A4L Allterco AD-Sofia 1.075045 BSP Balkan and Sea Properties REIT-Varna 1.094591 BSE Bulgarian Stock Exchange-Sofia 2.816491 VAM Velgraf Asset Management AD-Sofia 5.327655 GR6 Gradus AD-Stara Zagora 16.054000 DUH Doverie United Holding PLC-Sofia 3.040530 EUBG Eurohold Bulgaria AD-Sofia 17.200714 EAC Elana Agrocredit AD-Sofia 23.842574 11C Eleven Capital AD-Sofia 1.210101 GTH Galata Investment Company AD-Varna 9.869262 CAPM Capital Management SPV-Sofia 0.316855 MSH M+S Hydraulic AD-Kazanlak 2.548254 MONB Monbat AD-Sofia 5.497945 NEOH Neochim AD-Dimitrovgrad 0.617462 HRZ Rodna Zemya Holding AD-Sofia 8.303793 HSI Sila Holding AD-Sofia 8.303793 SYN Synthetica AD-Sofia 0.476851 SGH Sirma Group Holding AD-Sofia 40.135000 SFA Sopharma AD-Sofia 4.543585 SFI Sopharma Properties REIT-Sofia 2.675667 SFT Sopharma Trading AD-Sofia 3.986921 SPH Stara Planina Hold AD-Sofia 2.408100 SBPF Super Borovetz Property Fund REIT-Burgas 8.027000 FIB CB First Investment Bank AD-Sofia 11.148611 BREF Bulgarian Real Estate Fund REIT-Sofia 11.148611 CHIM Chimimport AD-Sofia 32.718750 HVAR Holding Varna AD-Varna 0.549795 V. With reference to item 17 of the Rules for Calculating the Good Corporate Governance Index (CGIX), the Indices Committee adopted the following weight factors, other than one (1), of the CGIX constituents, in effect from 20 March 2023: BSE code Issuer Weight factor SFA Sopharma AD-Sofia 0.297729 Markets BEAM Market MTF BSE International BASE Market
Source: BSE (21.03.2023)

CB First Investment Bank AD-Sofia (FIB) On 22 March 2023, the Supervisory Board of First Investment Bank issued a resolution to extend the terms in office of Ralitsa Bogoeva and Ianko Karakolev as members of the Managing Board of First Investment Bank by 5 (five) years as of the dates on which their current terms in office expire, without a change in their positions.
Source: BSE (27.03.2023)

TB First Investment Bank AD-Sofia (FIB) TB First Investment Bank AD-Sofia publishes the Annual financial report for the bank's activities - ESEF format as of 12-31-2022.
Source: BSE (31.03.2023)

CB First Investment Bank AD-Sofia (FIB) Notification of the entry in the Commercial Register of changes to the company's file
Source: BSE (18.04.2023)

The pearl of the hotel business of the capital businessman Georgi Georgiev - the 5-star "Zornitsa Sands" in Saint Vlas is being sold by a private bailiff due to debts. The price is BGN 16.901 million, and the claimants in the case are the Municipality of Nessebar, TD of NRA-Burgas and First Investment Bank. The complex is located in the area of Kozluka - between Elenite and Sveti Vlas and was opened in 2006. The hotel is managed by a subsidiary company of this company, built and managed by Zornitsa Sands, a subsidiary company of Pirin Tourism Company. This is not the first Georgi Georgiev property to be put up for sale due to debts. Some time ago, the PSI tried to sell an interesting property for BGN 17 million in Sunny Beach - meters from the beach
Source: Standart (24.04.2023)

TB First Investment Bank AD-Sofia (FIB) TB First Investment Bank AD-Sofia presented a quarterly report for the First Quarter of 2023.
Source: BSE (03.05.2023)

"First Investment Bank" AD (FIB) for another year will capitalize its profit from the previous year at the upcoming annual general meeting on June 21 in Sofia. The net profit of the financial institution last year amounted to just over 81.2 million BGN, decreasing by almost 19% from nearly 100.1 million BGN for the previous year 2021. By the end of 2022, the other reserves and retained earnings of the bank amount to over BGN 900 million. With the transfer of the profit for 2022 to the reserves, the amount will exceed BGN 980 million. In the last year, the shares of FIB became cheaper by nearly 4%. The bank recently announced that it has redeemed an old bond issue with the new ˆ40 million issue, which will be issued in four tranches in 2021 and 2022. The old bond issue was registered with the Central Depository in March 2011. In 2021, PIB announced a one-year bond issuance program with a total amount of EUR 100 million. At the end of last year, the bank decided to extend it and can issue bonds for another 60 million euros.
Source: investor.bg (22.05.2023)

CB First Investment Bank AD-Sofia (FIB) CB First Investment Bank AD appointed a regular General Meeting of Shareholders on 21 June 2023 at 11:00 am in the city of Sofia at 5 Sveta Nedelya Square, Sofia Hotel Balkan, Serdica Hall, under the following agenda: - Individual and consolidated reports of the managing bodies on the company's activity in 2022 - Adoption of the 2022 individual and consolidated annual financial reports of the company - Reports of the registered auditor on the 2022 audit - Report of the Audit Committee on 2022 - Report of the Investor Relations Director on 2022 - Report of the Internal Audit Director on the 2022 activity - Release from liability of the members of the managing bodies for their activity in 2022 - Election of registered auditors for 2023 - Changes within the Audit Committee - Changes within the Internal Audit Directorate - Financial result allocation decision Draft resolution: Allocation of the 2022 profit to the other general reserves - Determining a new total amount of remuneration for the members of the managing bodies - In the lack of quorum, the GMS will be held on 05 July 2023 at 11:00 am, same place and agenda. The voting right will be entitled to all shareholders registered with the central securities register fourteen (14) days before the GMS, i.e. by 07 June 2023 (Record Date). The final date for transacting shares of this company on the Exchange, as a result of which the shareholders are entitled to exercise their voting rights, will be 05 June 2023 (Ex Date: 06 June 2023).
Source: BSE (22.05.2023)

TB First Investment Bank AD-Sofia (FIB) TB First Investment Bank AD-Sofia presented a quarterly consolidated report for the First Quarter of 2023.
Source: BSE (31.05.2023)

The BSE Indices Committee adopted the following decisions under Record of Proceedings No. 4 at its session held on 02 June 2023: I. With reference to item 12 of Appendix No. 1 (SOFIX Calculation Methodology) to the Rules for Calculating the BSE Indices, the Indices Committee adopted the following free-float factors of the issues comprising SOFIX in effect from 19 June 2023: BSE code Issuer Free-float factor ATER Advance Terrafund REIT-Sofia 0.6119 A4L Allterco AD-Sofia 0.3582 BSE Bulgarian Stock Exchange-Sofia 0.4995 GR6 Gradus AD-Stara Zagora 0.1788 DUH Doverie United Holding PLC-Sofia 0.5884 EUBG Eurohold Bulgaria AD-Sofia 0.4402 MONB Monbat AD-Sofia 0.1734 NEOH Neochim AD-Dimitrovgrad 0.3139 SFA Sopharma AD-Sofia 0.2884 SFT Sopharma Trading AD-Sofia 0.1275 FIB CB First Investment Bank AD-Sofia 0.1107 CCB CB Central Cooperative Bank AD-Sofia 0.1666 BREF Bulgarian Real Estate Fund REIT-Sofia 0.7429 CHIM Chimimport AD-Sofia 0.2153 HVAR Holding Varna AD-Varna 0.3026 The free-float data on the issues of SOFIX presented herein are the median value for the period 02 March - 01 June 2023. II. With reference to item 11 of Appendix No. 2 (BGBX40 Calculation Methodology) to the Rules for Calculating the BSE Indices, the Indices Committee adopted the following free-float factors of the issues comprising BGBX40 in effect from 19 June 2023: BSE code Issuer Free-float factor AGH Agria Group Holding AD-Varna 0.2135 ATER Advance Terrafund REIT-Sofia 0.6119 ALB Albena AD-Albena 0.2993 ALCM Alcomet AD-Shumen 0.0990 A4L Allterco AD-Sofia 0.3582 BSP Balkan and Sea Properties REIT-Varna 0.3955 BSE Bulgarian Stock Exchange-Sofia 0.4995 VAM Velgraf Asset Management AD-Sofia 0.3832 GR6 Gradus AD-Stara Zagora 0.1788 DUH Doverie United Holding PLC-Sofia 0.5884 EUBG Eurohold Bulgaria AD-Sofia 0.4402 EAC Elana Agrocredit AD-Sofia 0.6626 ELHM Elhim Iskra AD-Pazardzhik 0.2636 EMKA EMKA AD-Sevlievo 0.2268 ZHBG Zarneni Hrani Bulgaria AD-Sofia 0.2001 11C Eleven Capital AD-Sofia 0.5466 IHB Industrial Holding Bulgaria PLC-Sofia 0.2200 KBG Korado Bulgaria AD-Strazhitsa 0.1785 MSH M+S Hydraulic AD-Kazanlak 0.2295 MONB Monbat AD-Sofia 0.1734 NEOH Neochim AD-Dimitrovgrad 0.3139 BRP Bulgarian River Shipping AD-Ruse 0.2385 SNRG Synergon Holding AD-Sofia 0.4322 SGH Sirma Group Holding AD-Sofia 0.5366 SFA Sopharma AD-Sofia 0.2884 SFI Sopharma Properties REIT-Sofia 0.1361 SFT Sopharma Trading AD-Sofia 0.1275 SCOM Sofia Commerce-Pawn Brokerage AD-Sofia 0.3115 SPDY Speedy AD-Sofia 0.1010 SPH Stara Planina Hold AD-Sofia 0.5935 FIB CB First Investment Bank AD-Sofia 0.1107 CCB CB Central Cooperative Bank AD-Sofia 0.1666 TBS Telelink Business Services Group AD-Sofia 0.1916 TIB Telematic Interactive Bulgaria AD-Sofia 0.0741 FZLS Fazerles AD-Silistra 0.4141 BREF Bulgarian Real Estate Fund REIT-Sofia 0.7429 HES Hydraulic Elements and Systems AD-Yambol 0.2029 CHIM Chimimport AD-Sofia 0.2153 HVAR Holding Varna AD-Varna 0.3026 THQM Tchaikapharma High Quality Medicines AD-Sofia 0.0503 The free-float data on the issues of BGBX40 presented herein are the median value for the period 02 March - 01 June 2023.
Source: BSE (05.06.2023)

TB First Investment Bank AD-Sofia (FIB) Disclosure of a transaction with interested persons under Art. 114, para. 2 of the Civil Procedure Code
Source: BSE (06.06.2023)

TB First Investment Bank AD-Sofia (FIB) Notification regarding ratings of First Investment Bank AD fully confirmed by Fitch Ratings.
Source: BSE (12.06.2023)

TB First Investment Bank AD-Sofia (FIB) Disclosure of a transaction with interested persons under Art. 114, para. 2 of the Civil Procedure Code.
Source: BSE (19.06.2023)

The best credit institutions for the first quarter of 2023 The net profit of the banking system in Bulgaria increased by 37.78 percent to BGN 784 million for the first quarter of 2023 compared to BGN 569 million for the same period last year. "Unicredit Bulbank" AD occupies the leading position with a profit of BGN 258 million or a 32.85 percent share of profits in the sector for the first quarter, reporting a growth of 39.46 percent compared to the first three months of 2022. DSK Bank AD is in second position with a share of 23.80 percent of profits in the sector, reporting an increase of 11.31 percent. "Eurobank Bulgaria" AD registered a profit of BGN 70 million for the period or 45.83 percent growth, occupying the third place with an 8.96 percent share in the profits of the sector. "KBC Bank Bulgaria" EAD is in fourth position with a profit of BGN 55 million, reporting a significantly larger net profit compared to the same period last year. "First Investment Bank" AD climbs to the fifth position with a profit of BGN 32 million, registering more than double the net profit compared to the first quarter a year earlier.
Source: Banker (21.06.2023)

TB First Investment Bank AD-Sofia (FIB) Information on decisions made at the General Meeting of Shareholders of FIB AD held on June 21, 2023.
Source: BSE (23.06.2023)

TB First Investment Bank AD-Sofia (FIB) The following decisions were taken at the regular AGM of TB First Investment Bank AD held on 21.06.2023: - Accepts the reports of the management bodies on the company's activities in 2022 (individual and consolidated); - Accepts the annual financial statements of the company for 2022 (individual and consolidated); - Accepts the reports of the registered auditor for 2022; - Adopts the Report of the Audit Committee for 2022; - Adopts the report of the Investor Relations Director for 2022; - Adopts the report of the Internal Audit Director on the activity of the office in 2022; - Releases the members of the governing bodies from responsibility for their activities in 2022; - Elects registered auditors for 2023; - Re-elects a member of the Audit Committee for a new 3-year term; - Elects a new Internal Audit Director; - Decision on distribution of financial result: No dividends are paid to shareholders, and all profit for 2022 is capitalized, being transferred to other general purpose reserves. - Determines a new total amount of remuneration for the members of the governing bodies.
Source: BSE (26.06.2023)

The General Assembly of the First Investment Bank rejected the proposal of one of the shareholders for the distribution of a dividend of BGN 16 million. The decision was supported by the Bulgarian Development Bank, which owns 27.35 million shares, but was rejected by the proxies of the bank's majority owners. Instead, the shareholders decided that all of the bank's profits would be capitalized by going into general purpose reserves. For the first quarter of 2023, First Investment Bank reported a net profit of BGN 32.09 million.
Source: Darik Radio (26.06.2023)

CB First Investment Bank AD-Sofia (FIB) Disclosure of information by First Investment Bank AD pursuant to Regulation (EU) No. 575/2013 and implementing Regulation (EU) 2021/637
Source: BSE (04.07.2023)

CB First Investment Bank AD-Sofia (FIB) CB First Investment Bank AD-Sofia presented a quarterly report for the Second Quarter of 2023.
Source: BSE (01.08.2023)

The net profit of Fibank (First Investment Bank) for the first six months of this year grew to BGN 74.51 million. For comparison, a year ago at the end of June, the positive financial result was BGN 30.76 million. The profit before taxation for the first half of the year is BGN 83.09 million, and the profit before provisions and depreciation is BGN 144.44 million. Total revenues from banking operations since the beginning of the year amounted to BGN 257.48 million (for the same period last year they were BGN 208.99 million). The higher net profit of Fibank is a consequence of the increased net interest income for the period January - June, which is in the amount of BGN 173.39 million and is an increase of BGN 45.76 million compared to the same period last year. The net income from fees and commissions is BGN 69.09 million and is BGN 3.71 million higher compared to the first six months a year earlier. The bank's balance sheet figure at the end of June reached BGN 13.05 million, marking an increase compared to the end of 2022 of BGN 341 million. In terms of assets, First Investment Bank maintains its place among the leading banks in the Bulgarian banking system. Deposits from other customers in Fibank amount to BGN 11.02 million with a net increase this year of BGN 221 million. And according to this indicator, the bank maintains its position among the first credit institutions in the country. The accounting equity at the end of the year amounted to BGN 1,407 million and increased by BGN 79 million since the beginning of the year. Receivables from customers according to book value at the end of the half year amounted to BGN 6.66 million, with an increase of BGN 275 million compared to the end of last year. As of June 30, the total number of branches and offices of First Investment Bank in Bulgaria is 120, with 38 locations in Sofia and 82 in cities outside Sofia.
Source: Banker (02.08.2023)

A new largest bank in Bulgaria appeared The reorganization of the banking market in Bulgaria is already a fact. Bank No. 1 in terms of assets becomes UBB, according to the aggregated data of the BNB. As of June 30, 2023, the financial institution manages assets for BGN 31.37 billion. In second place is the long-time leader UniCredit Bulbank, and in third place is DSK Bank. The top five, or the group of banks with the largest assets, is completed by Eurobank Bulgaria and First Investment Bank. "The grouping does not contain elements of a rating and should not be interpreted as an assessment of their financial status. The place of the banks in the groups depends on the size of their assets at the end of each reporting period," the Central Bank explains. The fact that UBB will overtake UniCredit Bulbank and significantly shift the market was already clear when the merger with KBS Bank - the successor of Raiffeisenbank Bulgaria - was announced. UBB's customers are more than 2.4 million.
Source: Maritsa (03.08.2023)

TB First Investment Bank AD-Sofia (FIB) TB First Investment Bank AD-Sofia presented a quarterly consolidated report for the Second Quarter of 2023.
Source: BSE (14.08.2023)

TB First Investment Bank AD-Sofia (FIB) TB First Investment Bank AD-Sofia presented a quarterly consolidated report for the Second Quarter of 2023.
Source: BSE (15.08.2023)

The net profit of "First Investment Bank" (FIB) for the six months of 2023 amounts to nearly BGN 86.9 million. The profit before taxation for the same period is over BGN 97.5 million, and the profit before provisions and impairment is almost BGN 158.7 million. The total income of FIB from banking operations since the beginning of 2023 amounts to BGN 279.5 million (for the same period of 2022, nearly BGN 222.5 million). The net interest income for the period January - June 2023 is in the amount of BGN 191.6 million and is an increase of BGN 53.4 million compared to the same period last year. The main reason for this is the increase in interest income on debt instruments, as a result of the increased portfolio of securities. The net income from fees and commissions is BGN 72.1 million and is BGN 3.8 million higher compared to the first half of 2022. The balance sheet figure of FIB as of June 30, 2023 reached BGN 13.934 million. , marking an increase compared to the end of 2022 of BGN 435 million. Deposits from other customers as of June 30, 2023 amounted to BGN 11,714 million with a net increase for 2023 of BGN 259 million. capital at the end of the six-month period amounted to BGN 1.496 billion and increased by BGN 97 million since the beginning of the year. Receivables from customers according to book value at the end of the first half of 2023 amounted to BGN 7.16 billion, the increase compared to the end of the previous year was BGN 337 million.
Source: BTA (15.08.2023)

Property of "Remotex-Radnevo" for sale During the week, part of the assets of the infamous "Remotex-Radnevo" plant, whose activity was mainly repair of the equipment of the state-owned "Mini Maritsa-East", were offered for auction. On August 31, the receiver of the company, which was declared bankrupt in 2016, will try to sell six buildings valued at BGN 215,597.60. The enterprise was privatized in 2001 and by the time it closed in 2013, its owners had accumulated debts estimated to be twice the company's assets. The remains of the company's assets, which are now offered for sale, represent a part of what existed here years ago: 30-40 buildings - a variety of production workshops, two stations - a pumping station and a treatment plant, plus equipment related to the operation of the plant. In 2018, all this was offered for just over BGN 1.5 million, after its price was already considerably lower than in the previous offering – BGN 1,931 million. The only company that expressed interest in their acquisition was the subsidiary of "Minstroy Holding" AD - "Remotex-M". In 2015, "Remotex-M" bought the main part of the assets of the bankrupt plant in Radnevo for BGN 21 million, of which BGN 16 million is the principal amount of non-serviceable debt to "First Investment Bank". With this purchase, the holding became the owner of nearly 290 decares of land in Radnevo and part of the buildings on it.
Source: Banker (25.08.2023)

TB First Investment Bank AD-Sofia (FIB) Information about the green bond issue of First Investment Bank AD.
Source: BSE (12.09.2023)

At a meeting of the Committee on Indices at the BSE AD under Protocol No. 8 of 11.09.2023, the following decisions were taken: I. In connection with item 12 of Appendix No. 1 (Methodology for calculating SOFIX) to the Rules for calculating indices of the Bulgarian Stock Exchange, the Indices Commission determines the following free-float coefficients for the issues included in the SOFIX base, which will enter into force as of 18.09.2023: Stock code Issuer Free-float coefficient ATER Advance Terafund REIT-Sofia 0.6112 BSE Bulgarian Stock Exchange AD-Sofia 0.4995 DUH Trust United Holding AD-Sofia 0.5833 EUBG Eurohold Bulgaria AD-Sofia 0.3815 EAC Elana Agrocredit AD-Sofia 0.6626 MSH M+C hydraulic AD-Kazanlak 0.2295 NEOH Neohim AD-Dimitrovgrad 0.3139 SFA Sopharma AD-Sofia 0.2885 SFT Sopharma Trading AD-Sofia 0.1250 FIB TB First Investment Bank AD-Sofia 0.1107 CCB TB Central Cooperative Bank AD-Sofia 0.1666 BREF Real Estate Fund Bulgaria REIT-Sofia 0.7429 CHIM Chimimport AD-Sofia 0.2153 HVAR Holding Varna AD-Varna 0.3130 SLYG Shelley Group AD 0.3601 Free-float emissions data from SOFIX is a median value for the period from 06/02/2023 to 09/01/2023. II. In relation to item 11 of Appendix No. 2 (Methodology for calculating BGBX40) to the Rules for calculating indices of the Bulgarian Stock Exchange, the Indices Commission determines the following free-float coefficients for the issues included in the base of BGBX 40, which will enter into force as of 18.09.2023: Stock code Issuer Free-float coefficient AGH Agria Group Holding AD-Varna 0.2135 ATER Advance Terafund REIT-Sofia 0.6112 ALB Albena AD-k.c. Albena 0.2993 ALCM Alcomet AD-Shumen 0.0990 BPF Bravo Property Fund REIT-Sofia 0.1663 BSE Bulgarian Stock Exchange AD-Sofia 0.4995 VAM Velgraf Asset Management AD-Sofia 0.3830 GR6 Gradus AD-Stara Zagora 0.1788 DUH Trust United Holding AD-Sofia 0.5833 EUBG Eurohold Bulgaria AD-Sofia 0.3815 EAC Elana Agrocredit AD-Sofia 0.6626 EMKA EMKA AD-Sevlievo 0.2268 ZHBG Cereals Bulgaria AD-Sofia 0.2001 11C Eleven Capital AD-Sofia 0.5466 GTH Investment Company Galata AD-Varna 0.4881 HIKA Industrial Capital Holding AD-Sofia 0.5662 IHB Industrial Holding Bulgaria AD-Sofia 0.2200 KBG Corrado-Bulgaria AD-Strazitsa 0.1785 MSH M+C hydraulic AD-Kazanlak 0.2295 MONB Monbat AD-Sofia 0.1733 NEOH Neohim AD-Dimitrovgrad 0.3139 HRZ Rodna Zemya Holding AD-Sofia 0.3924 SNRG Synergon Holding AD-Sofia 0.4322 SGH Sirma Group Holding AD-Sofia 0.5366 SFA Sopharma AD-Sofia 0.2885 SFT Sopharma Trading AD-Sofia 0.1250 SCOM Sofia Commerce-Pawnshops AD-Sofia 0.3115 SPDY Speedy AD-Sofia 0.1010 SPH Stara planina Hold AD-Sofia 0.5935 FIB TB First Investment Bank AD-Sofia 0.1107 CCB TB Central Cooperative Bank AD-Sofia 0.1666 TBS Telelink Business Services Group AD-Sofia 0.1304 TIB Telematic Interactive Bulgaria AD-Sofia 0.0741 T57 Trace Group Hold AD-Sofia 0.1877 BREF Real Estate Fund Bulgaria REIT-Sofia 0.7429 HES Hydraulic elements and systems /HES/ AD-Yambol 0.2029 CHIM Chimimport AD-Sofia 0.2153 HVAR Holding Varna AD-Varna 0.3130 HNVK Holding Nov Vek AD-Sofia 0.3290 SLYG Shelley Group AD 0.3601 Free-float emission data from BGBX40 is a median value for the period from 06/02/2023 to 09/01/2023.
Source: BSE (12.09.2023)

At a meeting held by the Board of Directors of the BSE under Protocol No. 49 of 11.09.2023, the following decisions were taken: II. Revision based on BGBX 40 Pursuant to Art. 15, item 4 of the BSE Index Calculation Rules in connection with item 15 of Appendix No. 2 (Methodology for BGBX 40 calculation), the Board of Directors excludes the following six issues of shares from the base of the BGBX 40 index: THQM Chaikapharma High-quality medicines AD-Sofia; SFI Sofarma properties REIT-Sofia; FZLS Phaserless AD-Silistra; ELHM Elhim Iskra AD-Pazardzhik; BSP Balkan and Sea Properties REIT-Varna; and BRP Shipping Bulgarian River Navigation AD-Ruse; and adds the following six share issues to the base of the BGBX 40 index: BPF Bravo Property Fund REIT-Sofia; T57 Trace Group Hold AD-Sofia; GTH Investment Company Galata AD-Varna; HNVK Holding Nov Vek AD-Sofia; HRZ Rodna Zemya Holding AD-Sofia; and HIKA Industrial Capital Holding AD-Sofia. III. Basis Revision of BG REIT Pursuant to Art. 15, item 4 of the BSE Index Calculation Rules in connection with item 12 of Appendix No. 3 (Calculation Methodology of BG REIT), the Board of Directors excludes the following issue of shares from the base of the BG REIT index: ICPD Intercapital Property Development REIT-Sofia; and adds the following issue of shares to the base of the BG REIT index: SFB Sopharma Buildings REIT-Sofia. IV. Revision based on BG TR30 Pursuant to Art. 15, item 4 of the Rules for calculating BSE indices in connection with item 17 of Appendix No. 4 (Methodology for calculating BG TR30), the Board of Directors excludes the following four share issues from the basis of the BG TR30 index: SFI Sopharma Real Estate REIT-Sofia, MONB Monbat AD-Sofia, FIB TB First Investment Bank AD-Sofia, i ALB Albena AD-k.c. Albena; and adds the following four share issues to the base of the BG TR30 index: TBS Telelink Business Services Group AD-Sofia, HNVK Holding Nov Vek AD-Sofia, CHSB Himsnab Bulgaria AD-Sofia, i HSOF Holding Sveta Sofia AD-Sofia. Decisions to change the base of the BGBX 40, BG REIT and BG TR30 indices shall come into force as of the first trading session after the third Friday of the month in which the relevant meeting was held, or in the specific case of September 18, 2023.
Source: BSE (12.09.2023)

At a meeting held by the Board of Directors of the BSE under Protocol No. 49 of 11.09.2023, the following decisions were taken: I. Revision based on SOFIX The first 16 (sixteen) issues of shares meeting the requirements of Art. 9 of the BSE Index Calculation Rules and item 3 of Appendix No. 1 (SOFIX Calculation Methodology), ranked according to items 4-7 of Appendix No. 1, are as follows: Emission Free float protection. Capt. (BGN) Median weekly turnover (BGN) Number of transactions Spread Avg.-arithm. St. St Shelly Group AD 301 606 742 276 776 3 124 0.02161026 Advance Terrafund REIT-Sofia 176 865 578 78 513 1 541 0.01878430 Sopharma AD-Sofia 232 557 379 98 449 1 326 0.03859494 Doverie United Holding AD-Sofia 107 851 443 106 663 1 823 0.03026393 Bulgarian Stock Exchange AD-Sofia 30 250 875 66 384 1 274 0.02432245 Eurohold Bulgaria AD-Sofia 177 891 543 59 980 1 027 0.11490012 Holding Varna AD-Varna 88 105 722 32 980 471 0.02287806 Real estate fund Bulgaria REIT-Sofia 58 676 908 42 241 832 0.04199680 Chemimport AD-Sofia 36 839 431 23 341 889 0.04761088 M+C Hydraulic AD-Kazanlak 104 105 744 26 958 524 0.06703261 TB Central Cooperative Bank AD-Sofia 32 828 772 55 310 609 0.06681979 Elana Agrocredit AD-Sofia 24 270 988 28 740 488 0.02558255 Sopharma Trading AD-Sofia 26 778 164 25 678 657 0.04822281 Neohim AD-Dimitrovgrad 23 996 246 36 038 1 004 0.07389678 TB First Investment Bank AD-Sofia 38 288 555 13 324 500 0.07123912 Telelink Business Services Group AD-Sofia 15 892 500 15 156 679 0.04128748 There is a circumstance according to item 5 of Appendix No. 1 (Methodology for calculating SOFIX) that two issues occupy the same place in the ranking. In this case, the issues with the same rank (rank in total: 60 points) are TB First Investment Bank AD-Sofia and Telelink Business Services Group AD-Sofia. In accordance with the above-mentioned item 5, priority is given to the issue with a greater market value of the free-float, namely: TB First Investment Bank AD-Sofia. As a result of the verification under item 13 of Appendix 1 (SOFIX calculation methodology), it was established that the weights of the established economic groups (one, including the issue of shares of Sopharma AD and Sopharma Trading AD, and the other, including the issue of shares of Chimimport AD and TB Central Cooperative Bank AD), do not exceed the requirement of 20% as of September 1, 2023, accordingly, it is not necessary to exclude any of the issues from the ranking. Based on the ranking performed under items 4-7 and the corresponding checks and decisions under items 5 and 13 of Appendix 1 (SOFIX calculation methodology), on the basis of Art. 15, item 4 of the BSE Index Calculation Rules in connection with item 17 of Appendix 1 (Methodology for SOFIX calculation), the Board of Directors excludes the following two share issues from the basis of the SOFIX index: MONB Monbat AD-Sofia, i GR6 Gradus AD-Stara Zagora; and adds the following two share issues to the base of the SOFIX index: MSH M+S hydraulic AD-Kazanlak, i EAC Elana Agrocredit AD-Sofia. The decision to change the basis of the SOFIX index comes into force as of September 18, 2023.
Source: BSE (12.09.2023)

Fibank ("First Investment Bank" AD) appointed Citibank London, N.A., London Branch, UK, Landesbank Baden-Wurttemberg, Stuttgart, Germany, and Raiffeisen Bank International AG, Vienna, Austria, to act as lead managers for the purpose of arranging a series of from meetings with potential investors in the green bond issue of First Investment Bank. The planned amount of the issue is EUR 300 million, and the issue is expected to be awarded a "B" rating by the international rating agency Fitch Ratings. Proceeds from the bonds will be used for eligible projects in line with First Investment Bank's Green Finance Framework. Citibank London and Raiffeisen Bank International will act as structuring advisors for the issue.
Source: investor.bg (12.09.2023)

CB First Investment Bank AD-Sofia (FIB) Disclosure of information by CB First Investment Bank pursuant to Regulation (EU) No. 575/2013 and implementing Regulation (EU) 2021/637 concerning the first half of 2023 on consolidated basis
Source: BSE (21.09.2023)

The concentration of the banking sector in Bulgaria remains high, with the share of the five largest banks based on total assets in the banking system amounting to 76.19 percent as of June 30, 2023. On April 10, KBC Bank Bulgaria EAD officially merged with United Bulgarian Bank AD. On June 1, Eurobank Bulgaria AD officially announced the acquisition of BNP Paribas Personal Finance SA. – Branch Bulgaria. Total assets of the banking system as of June 30 of this year amounted to BGN 161 billion, marking a growth of 0.29% compared to March 31. Based on assets, the first 10 banks concentrate 89.52% of the total assets of the banking system. In the leading position is United Bulgarian Bank AD with assets in the amount of BGN 31.4 billion or a 19.48% market share, and after the merger of KBC Bank Bulgaria saw a growth of 76.41% in assets compared to March 31, 2023. Bank DSK AD is moved to the second position with 18.98% market share and a growth of 0.50% compared to the previous quarter. In third position is Unicredit Bulbank AD with a market share of 18.59% and a decrease in assets of 1.51% compared to March 31. The fourth and fifth positions, unchanged compared to the end of the previous quarter, are occupied respectively by Eurobank Bulgaria AD and First Investment Bank AD. The banks' net assets as of June 30, 2023 amounted to BGN 18.3 billion, marking an increase of 5.13% compared to March 31. In the first position according to this indicator, Bank DSK AD remains, whose net assets show a growth of 6.84% compared to the first quarter. A growth of 6.92% in net assets as of June 30 was also registered by Unicredit Bulbank AD and remains in second place by this indicator. There is a change in the ranking for United Bulgarian Bank AD, which occupies the third position in terms of net assets, reporting an almost double growth of 96.35% compared to March 31 after the merger of KBC Bank Bulgaria EAD. The fourth position is occupied by Eurobank Bulgaria AD with a growth in net assets of 3.53% compared to March 31. In fifth position is First Investment Bank AD with a growth in net assets of 3.23 percent. The net profit of the banking system increased by 65.91% to BGN 1.7 billion for the second quarter, compared to BGN 1 billion for the same period in 2022. Unicredit Bulbank AD is in the leading position with a profit of BGN 450 million or a 26.65% share of profits in the sector for the second quarter of 2023, reporting a 74.42% increase in its profit compared to the second quarter of last year. Bank DSK AD is in second position with a share of 26.51% of the profits in the sector, reporting an increase of 64.10% compared to the analogous period of 2022. United Bulgarian Bank AD after the merger of KBC Bank Bulgaria EAD recorded a profit of BGN 216 million for the period or 254.10% growth compared to the second quarter of the previous year, rising to the third position with a 12.76% share in the sector's profits. Eurobank Bulgaria AD is in fourth position with a profit of BGN 141 million and a growth of 56.67% compared to the same period in 2022. The fifth position is occupied by First Investment Bank AD with a profit of BGN 75 million, registering a growth of 141.94% - more than double the net profit compared to the second quarter of last year. Return on assets (calculated on a Net Profit / Total Assets basis) totaled 1.05% for the banking system in the second quarter of 2023, compared to 0.72% for the same period in 2022. According to this indicator, BNP Paribas Personal Finance S.A. is in the leading position with 18.62%, marking a significant growth compared to the same period a year earlier, when the return on assets was 3.29 percent. The main reason is the current technical integration of the company with Eurobank Bulgaria AD. TBI Bank EAD occupies the second position with a 2.75% return on assets for the second quarter, reporting a decrease of 5.13% compared to the same period in 2022. Next positions are occupied by Citibank Europe AD Bulgaria Branch with 1.68%, Unicredit Bulbank AD with 1.50% and Bank DSK AD, which is in fifth place with 1.46 percent. Return on equity (calculated on a Net Profit / Equity basis, with the ranking excluding foreign bank branches) increased to 8.95% for the second quarter compared to 6.10% for the same quarter of 2022. With the highest return on equity during this period is TBI Bank EAD with 16.19%, and in second place is Unicredit Bulbank AD with 13.69%, followed by DSK Bank AD with 11.47%, International Asset Bank AD with 9.61% and Allianz Bank Bulgaria AD with 9.6 percent. The efficiency ratio (calculated based on the ratio of administrative expenses to total net operating income) reported an improvement from 37.72% for the second quarter of 2022 to 30.59% for the current period. In the leading position according to this indicator for the second quarter of this year is UniCredit Bulbank AD with 21.83% compared to 27.57% for the similar period in 2022. Bank DSK AD reports an increase in efficiency from 26.99% for the second quarter of 2022 to 23.47% for the current period, being moved to second position. Citibank Europe AD Klon Bulgaria reports an increase in efficiency of 39.31% in the second quarter of 2022 years to 23.88% for the same period of 2023 and is in the third position. They are followed by Te-J Ziraat Bankas Sofia Branch and Bulgarian-American Credit Bank AD, in the fourth and fifth positions, respectively.
Source: Banker (26.09.2023)

The largest collection group in Bulgaria - "S.G. Group" has finalized the acquisition of the second largest collection agency in terms of assets - the Debt Collection Agency (Debt Collection Agency). The formal buyer is the company "DCA Management" specially created for the acquisition, which is owned by persons close to the group - a common practice in its other acquisitions as well. Already last fall, the previous owner - the Norwegian B2Holding - announced that it had agreed to sell its business in Bulgaria for 48.4 million euros. The company is pledged in favor of B2Holding against a loan from the Norwegian holding in the amount of nearly 9.75 million euros. "S.G. Group" has so far been financed mainly by local banks - it has large loans from PIB and BBR, but it also uses financing from smaller institutions such as Municipal Bank and BAKB. However, exposure limits are already being reached for many of them. When "DCA Management" was created, it was the sole property of the law firm "Manchev and Ivanov". The law firm has been serving "S.G. Group" for many years, as one of the partners, Adv. Zdravko Ivanov, was in the management of many of her companies - including "S.G. Group". And with a subsequent increase in capital around the announcement of the deal, the father of Adv. Ivanov - Vladimir Vladimirov. Recently, "DCA Management" became a bit more famous for winning the tender for the KTB building. Separately, in recent months, the company entered into direct transactions with "S.G. Group", buying a package of receivables from it with BGN 16 million financing from Municipal Bank. Shortly before the transaction, on September 25, a special pledge agreement was entered in favor of Investbank, from which "DCA Management" received BGN 25.6 million, from which it is clear that it bought claims from "S.G. Group" for over BGN 145 million. In the contract for the pledge of ASV, "Innovative Finance Holding" - the parent company of the Bulgarian collector - is indicated as the guarantor. Behind the whole group, with the whole and tangled structure, are actually its four founders with equal shares - these are Stanimir Burgaski, Adam Sotkov, Julian Tsamparov and his father Boycho Tsamparov. For 2022, ASV has BGN 118 million in balance sheet assets, of which nearly BGN 94 million are purchased receivables portfolios and BGN 15 million in cash. For the year, the company reported BGN 26 million in revenue and BGN 5.9 million in profit. At "S.G. Group" the assets are BGN 274 million, which, however, also include a fairly generously valued portfolio bought by FIB with financing from the bank itself, so the real market value is probably lower. For comparison, the next largest player, "EOS Matrix", has BGN 92 million in assets, reporting BGN 39.5 million in revenue and BGN 11 million in profit. The new owner managed to attract the previous executive director of ASV Yulia Yurgakieva to continue leading the company.
Source: Capital (03.10.2023)

CB First Investment Bank AD-Sofia (FIB) Information according to Regulation (EU) No. 575/2013 for 2022 on a consolidated basis
Source: BSE (04.10.2023)

CB First Investment Bank AD-Sofia (FIB) On 11 September 2023, First Investment Bank announced publicly its intention to enter the international capital markets with an issue of senior preferred eurobonds.
Source: BSE (24.10.2023)

FIB's attempt to raise EUR 300 million through green bonds failed First Investment Bank failed to place the impressive bond issue for 300 million euros announced a little over a month ago. This became clear first from the withdrawn on October 19 preliminary rating by Fitch for the upcoming issue with the explanation that the operation of issuing the subordinated instruments will not continue as planned, and a day later the bank itself disclosed this to its stock investors. FIB states that it maintains its intention to place the issue, but postpones it temporarily due to the state of the markets. Raising the significant amount, which exceeds the bank's market capitalization by more than 100 million euros, is definitely a challenge. The rating by Fitch - B, on its scale, is several notches below investment grade, corresponding to a "highly speculative" investment, where the obligations are currently being serviced, but there is significant uncertainty. Therefore, a certain level of risk requires a higher return and attracts more speculative players. Regardless of the reasons for the postponement, FIB is to some extent pressed for time, since from the beginning of 2024 the so-called Minimum requirements for own funds and eligible liabilities (MREL). With the tightening of regulatory requirements, all banks are under pressure to issue subordinated instruments that meet the conditions and can absorb losses if needed. In particular, for FIB, from next year the level set by the BNB rises to 36.4% of risk-weighted assets compared to 29.3% now. The deferred issue was also structured to meet the requirements, and the absence of this ˆ300 million calls into question whether the bank will be able to meet the target level. PIB is not the only one, as other Bulgarian banks in the last two years have been in an active campaign to fill the MREL. Failure to meet the MREL is not the same as a capital shortfall and does not necessarily entail supervisory measures. At the same time, a possible shortfall is not without consequences, and banks are required to have a clear plan on how they will fill it. In addition to issuing appropriate instruments, this can also be done by releasing risky assets, securitization, etc. In particular, there could be another indirect effect for FIB - upon Bulgaria's entry into the banking union, it remained under the supervision of the BNB, but if it fails to meet the requirements, the ECB may request to take the bank under its direct supervision.
Source: Dnevnik (24.10.2023)

ÑB First Investment Bank AD-Sofia (FIB) ÑB First Investment Bank AD-Sofia presented a quarterly report for the Third Quarter of 2023.
Source: BSE (31.10.2023)

TB First Investment Bank AD-Sofia (FIB) TB First Investment Bank AD-Sofia presented a quarterly consolidated report for the Third Quarter of 2023.
Source: BSE (30.11.2023)

At a meeting held by the Committee on Indices at BSE AD, according to Protocol No. 10 of 04.12.2023, the following decisions were taken: I. In connection with item 12 of Appendix No. 1 (Methodology for calculating SOFIX) to the Rules for calculating indices of the Bulgarian Stock Exchange, the Indices Commission determines the following free-float coefficients for the issues included in the SOFIX base, which will enter into force as of 18.12.2023: Stock code Issuer Free-float coefficient ATER Advance Terafund REIT-Sofia 0.6106 BSE Bulgarian Stock Exchange AD-Sofia 0.4995 DUH Trust United Holding AD-Sofia 0.5853 EUBG Eurohold Bulgaria AD-Sofia 0.4254 EAC Elana Agrocredit AD-Sofia 0.6626 MSH M+C hydraulic AD-Kazanlak 0.2295 NEOH Neohim AD-Dimitrovgrad 0.3139 SFA Sopharma AD-Sofia 0.2910 SFT Sopharma Trading AD-Sofia 0.1259 FIB TB First Investment Bank AD-Sofia 0.1107 CCB TB Central Cooperative Bank AD-Sofia 0.1666 BREF Real Estate Fund Bulgaria REIT-Sofia 0.7429 CHIM Chemimport AD-Sofia 0.2149 HVAR Holding Varna AD-Varna 0.3124 SLYG Shelley Group AD 0.3142 Free-float emissions data from SOFIX is a median value for the period from 09/02/2023 to 12/01/2023. II. In relation to item 11 of Appendix No. 2 (Methodology for calculating BGBX40) to the Rules for calculating indices of the Bulgarian Stock Exchange, the Indices Commission determines the following free-float coefficients for the issues included in the base of BGBX 40, which will enter into force as of 18.12.2023: Stock code Issuer Free-float coefficient AGH Agria Group Holding AD-Varna 0.2135 ATER Advance Terafund REIT-Sofia 0.6106 ALB Albena AD-k.c. Albena 0.2993 ALCM Alcomet AD-Shumen 0.0990 BPF Bravo Property Fund REIT-Sofia 0.1663 BSE Bulgarian Stock Exchange AD-Sofia 0.4995 VAM Velgraf Asset Management AD-Sofia 0.3829 GR6 Gradus AD-Stara Zagora 0.1788 DUH Trust United Holding AD-Sofia 0.5853 EUBG Eurohold Bulgaria AD-Sofia 0.4254 EAC Elana Agrocredit AD-Sofia 0.6626 EMKA EMKA AD-Sevlievo 0.2268 ZHBG Cereals Bulgaria AD-Sofia 0.2001 11C Eleven Capital AD-Sofia 0.5466 GTH Investment Company Galata AD-Varna 0.4891 HIKA Industrial Capital Holding AD-Sofia 0.5662 IHB Industrial Holding Bulgaria AD-Sofia 0.2196 KBG Corrado-Bulgaria AD-Strazitsa 0.1785 MSH M+C hydraulic AD-Kazanlak 0.2295 MONB Monbat AD-Sofia 0.1732 NEOH Neohim AD-Dimitrovgrad 0.3139 HRZ Rodna Zemya Holding AD-Sofia 0.4004 SNRG Synergon Holding AD-Sofia 0.4322 SGH Sirma Group Holding AD-Sofia 0.5415 SFA Sopharma AD-Sofia 0.2910 SFT Sopharma Trading AD-Sofia 0.1259 SCOM Sofia Commerce-Pawnshops AD-Sofia 0.3305 SPDY Speedy AD-Sofia 0.1010 SPH Stara planina Hold AD-Sofia 0.5935 FIB TB First Investment Bank AD-Sofia 0.1107 CCB TB Central Cooperative Bank AD-Sofia 0.1666 TBS Telelink Business Services Group AD-Sofia 0.1304 TIB Telematic Interactive Bulgaria AD-Sofia 0.0741 T57 Trace Group Hold AD-Sofia 0.1877 BREF Real Estate Fund Bulgaria REIT-Sofia 0.7429 HES Hydraulic elements and systems /HES/ AD-Yambol 0.2029 CHIM Chemimport AD-Sofia 0.2149 HVAR Holding Varna AD-Varna 0.3124 HNVK Holding Nov Vek AD 0.3354 SLYG Shelley Group AD 0.3142 Free-float emission data from BGBX40 is a median value for the period from 09/02/2023 to 12/01/2023.
Source: BSE (05.12.2023)

In recent years, very few houses have been built in the Bankya district of Sofia. In 2021, only 400 sq.m. In the previous year, 2020, the green light was given to houses with a total built-up area of about 16,000 square meters, and in 2022 - with 31,000 square meters. Therefore, the appearance of the Bankya Hill Residence project is clearly part of a trend of increased construction activity in the Bankya area this year. Bankya Hill Residence is the largest project in the area so far with a built-up area of about 13 thousand square meters for 67 houses. The plot of 36 decares is on the highest part of Ivanyane villa area, along "Musala" street, which connects it to Bankya. The building permit was issued to Martin Hristov's consulting firm "Bull Pro Consulting" for 18 houses in the first stage. The plans are for them to be completed by mid-2024. The entire complex will be built in three stages and should be ready in two and a half years. Investment in it is also phased. A loan of BGN 6 million is used from the First Investment Bank - the land mortgage against it was entered in the Property Register at the beginning of November. The loan is a revolving type, granted in stages. Construction has been underway since June.
Source: Capital (11.12.2023)

CB First Investment Bank AD-Sofia (FIB) CB First Investment Bank AD appointed an extraordinary General Meeting of Shareholders on 15 January 2024 at 11:00 am in the city of Sofia at 5 Sveta Nedelya Square, Sofia Hotel Balkan, Serdica Hall, under the following agenda: - Changes within the Internal Audit Department - In the lack of quorum, the EGM will be held on 29 January 2024 at 11:00 am, same place and agenda. The voting right will be entitled to all shareholders registered with the central securities register fourteen (14) days before the EGM, i.e. by 01 January 2024 (Record Date). The final date for transacting shares of this company on the Exchange, so the shareholders be entitled to exercise their voting rights, will be 22 December 2023 (Ex Date: 28 December 2023).
Source: BSE (15.12.2023)