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ProCredit Bank EAD (Bulgaria)

Main Activities: Commercial Banking
Full name: ProCredit Bank Bulgaria EAD Profile Updated: October 24, 2023
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

ProCredit Bank Bulgaria offers a full scope of banking services to individual and corporate clients. In the area of business clients, the bank focuses primarily on very small, small and medium-sized enterprises. ProCredit Bank Bulgaria was established in June 2001 by five international investors - EBRD, IFC, ProCredit Holding AG, DEG and Commerzbank - aiming to lend to small and medium-size companies in Bulgaria. German investment fund ProCredit Holding, formerly Internationale Micro Investitionen (IMI), controlled 60% in ProCredit Bank Bulgaria as of end-2007. The other shareholders were the European Bank for Reconstruction and Development (EBRD) and German Commerzbank, each holding a stake of around 20%. In April 2008, EBRD sold its 19.71% stake in the bank to ProCredit Holding.
The lender operates more than 50 units throughout the country.

Headquarters
26 T. Aleksandrov Str.
Sofia; Sofia - city; Postal Code: 1303

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Website: https://www.procreditbank.bg/

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
September 28, 2001
Key Executives
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Executive Director and Member of the Management Board
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Executive Director and Member of the Management Board
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Executive Director and Member of the Management Board
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Executive Director and Member of the Management Board
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Member of the Supervisory Board
Ownership Details
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100%
Subsidiaries
Denis Diderot School EAD
100%
ProCredit Education EAD
100%
Borica AD
0.84%
Company Performance
Financial values in the chart are available after ProCredit Bank EAD 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
31.43%
Net fee and commission income
-8.23%
Operating profit (EBIT)
23.09%
Net Profit (Loss) for the Period
15.18%
Total assets
9.32%
Total equity
-11.12%
Total Assets Trend
-5.12%
Net Interest Income Trend
-19.62%
Cost to Income Ratio
-0.73%

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