List of banks in Bulgaria

Typically for Eastern European countries, Bulgarian banking sector is characterized by relatively small size, small number of banks with wide business focus, high degree of concentration and high share of foreign capital.

The most commonly used ratio to measure the size of a banking sector, namely the ratio of consolidated banking assets to gross domestic product, for Bulgaria shows that its banking sector is roughly the same size as its national economy (the ratio is 107.09%). Most of the banks operating in Bulgaria are universal banks providing products and services in retail and corporate banking. Although there are no pure direct banks in Bulgaria, all banks offer their services via the Internet. There are also several digital-first banks that offer their services mainly online. Bulgaria is also part of the Single Euro Payments Area (SEPA) and T2 systems.

Since 1 October 2020 Bulgaria is part of European Banking Union and since 10 July 2020 it is participant into ERM II Mechanism, a step before adopting the Euro as a national currency.

The central bank is Bulgarian National Bank and there is one development bank – Bulgarian Development Bank. The following is a list of commercial banks in Bulgaria, based on the quarterly issue - "Banks in Bulgaria", published by the central bank.

Commercial banks

Аll amounts are in BGN thousand.

Rank (2025)	Name	SWIFT (BIC)	Assets Mar 2024 [1]	Assets Jun 2024 [2]	Assets Sep 2024 [3]	Assets Dec 2024 [4]	Assets Mar 2025 [5]	Shareholders - over 10% (Mar 2025) [5]
1.	United Bulgarian Bank	UBBSBGSF	34 676 690	34 844 252	35 670 048	37 462 639	38 408 530	KBC BANK N.V., Kingdom of Belgium – 99,96%
2.	DSK Bank	STSABGSF	33 541 571	34 261 479	35 260 167	36 460 957	37 334 107	OTP Bank RT, Hungary – 99.92%
3.	UniCredit Bulbank	UNCRBGSF	32 651 025	31 951 253	32 806 588	34 896 854	36 185 619	UNICREDIT S.P.A., Republic of Italy – 99.45%
4.	Eurobank Bulgaria (Postbank)	BPBIBGSF	20 073 514	20 339 225	20 908 841	22 558 029	23 610 801	Eurobank Ergasias S.A., Greece – 99,99%
5.	First Investment Bank (Fibank)	FINVBGSF	14 047 714	14 528 429	14 695 599	15 733 464	15 893 048	Ivaylo Dimitrov Mutafchiev, Republic of Bulgaria – 31.36% Tzeko Todorov Minev, Republic of Bulgaria – 31.36% Bulgarian Development Bank, Republic of Bulgaria - 18.35%
6.	Central Cooperative Bank	CECBBGSF	8 404 738	8 713 044	8 822 199	9 083 178	9 267 737	CCB Group EAD, Republic of Bulgaria – 61.05%
7.	ProCredit Bank, Bulgaria	PRCBBGSF	4 243 843	4 378 800	4 478 376	4 587 295	4 632 991	ProCredit Holding AG, Federal Republic of Germany – 100%
8.	Allianz Bank Bulgaria	BUINBGSF	4 066 706	4 169 829	4 140 064	4 407 619	4 615 515	Allianz Bulgaria Holding JSC, Republic of Bulgaria – 99.9%
9.	TBI Bank	TBIBBGSF	3 102 841	3 233 460	3 352 984	3 497 589	3 644 093	TBIF Financial Services B.V., Kingdom of the Netherlands – 100%
10.	Investbank	IORTBGSF	3 288 191	3 262 768	3 407 648	3 489 352	3 623 522	Festa Holding JSC, Republic of Bulgaria – 83.8% Petya Ivanova Barakova-Slavova, Republic of Bulgaria – 10.68%
11.	Bulgarian Development Bank	NASBBGSF	2 632 661	2 785 815	2 911 424	3 148 130	3 187 573	Ministry of Innovation and Growth, Republic of Bulgaria – 100%
12.	International Asset Bank	IABGBGSF	2 490 416	2 614 562	2 811 994	2 780 470	3 056 177	Dynatrade International Ltd, Republic of Bulgaria – 33%
13.	Bulgarian-American Credit Bank	BGUSBGSF	2 880 758	2 892 490	2 693 172	2 751 998	3 027 890	CSIF JSC, Republic of Bulgaria – 45.67% LTBI HOLDINGS LLC, USA – 33.45%
14.	Municipal Bank PLC	SOMBBGSF	2 435 404	2 546 155	2 571 586	2 483 091	2 703 525	NOVITO OPPORTUNITIES FUND AGMVK, Principality of Liechtenstein – 96.51%
15.	Citibank Europe, Bulgaria Branch	CITIBGSF	1 913 291	1 892 688	1 986 011	2 050 018	2 259 823	Citibank Europe Plc., Republic of Ireland – 100%
16.	D Commerce Bank	DEMIBGSF	2 240 672	2 196 000	2 151 190	2 162 669	2 250 968	Fuat Güven (Fuat Hyusniev Osmanov), Republic of Bulgaria – 55.52% FORTERA EAD, Republic of Bulgaria – 44.48%
17.	ING Bank N.V., Sofia Branch	INGBBGSF	1 341 679	1 489 072	1 350 720	1 427 064	1 328 267	ING Bank N.V., Kingdom of the Netherlands – 100%
18.	Texim Bank	TEXIBGSF	630 154	659 470	681 057	690 789	705 983	Web Finance Holding AD, Republic of Bulgaria – 16.64%
19.	BNP Paribas S.A. – Sofia Branch	BNPABGSX	678 282	637 227	604 212	701 072	588 222	BNP Paribas S.A., Republic of France – 100%
20.	Tokuda Bank	CREXBGSF	498 475	503 381	510 893	516 470	514 348	Tokushukai Incorporated, Japan – 100%
21.	T.C. Ziraat Bank, Sofia Branch	TCZBBGSF	410 836	390 775	442 268	481 982	478 045	T.C. Ziraat Bankasi A.Ş., Ankara, Republic of Turkey – 100%
22.	Varengold Bank AG, Sofia Branch	VGAGBGSF	76 202	96 738	119 062	160 384	187 102	Varengold Bank AG, Federal Republic of Germany – 100%
23.	Bigbank AS, Bulgaria Branch	BIGKBGSF	23 397	33 800	32 082	46 474	58 332	Bigbank AS, Estonia – 100%

References

• Banks portal

1. "Banks in Bulgaria: Jan - Mar 2024, BNB" (PDF).
2. "Banks in Bulgaria: April – June 2024, BNB" (PDF).
3. "Banks in Bulgaria: Jul - Sep 2024, BNB" (PDF).
4. "Banks in Bulgaria: Oct - Dec 2024, BNB" (PDF).
5. "Banks in Bulgaria: Jan - Mar 2025, BNB" (PDF).