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Ipotech Sofcom Ad (Bulgaria)

Main Activities: Nondepository Credit Intermediation
Full name: Ipotech Sofcom AD Profile Updated: August 04, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

Backed by the public company Sofia Commerce Pawnshop AD with over 30 years of experience in the sector, IpoTech Sofcom has been operating independently on the market for the last four years and has already gained a 6% market share, offering secured loans against mortgages on property. By combining years of experience with purpose-developed algorithms, artificial intelligence and multi-factor risk analysis solutions, the company can always deliver competitive and reliable mortgage loan products to its customers. The main product of IpoTech Sofcom is a secured loan with a mortgage on real estate with an average value of BGN 50,000, targeted at both individuals and legal entities at interest rates ranging from 2.5% to 3% per month for 10 years. The company uses advanced technology and industry expertise to streamline the application process and ensure fast approvals and ease of administration for our clients. IpoTech Sofcom plans to expand its portfolio, improve its risk assessment and targeting capabilities, and increase ROI on current and new products.

Headquarters
74 Ralevitsa Str Office 3
Sofia; Sofia - city; Postal Code: 1618

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Website: http://ipoteh-sof.com

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
2023
Key Executives
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Chief Executive Officer
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Director/Member of the Board
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Member of the Management Board
Ownership Details
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52.39%
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19.24%
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5.92%
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5.48%
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1.74%
Company Performance
Financial values in the chart are available after Ipotech Sofcom Ad report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency BGN. Absolute financial data is included in the purchased report.
Net interest income
24.77%
Net fee and commission income
57.14%
Operating profit (EBIT)
17.04%
Net Profit (Loss) for the Period
16.87%
Total assets
76.18%
Total equity
83.07%
Cost to Income Ratio
-1.38%

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