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Bulgarian Development Bank AD

Summary

Company ID (NIN)

121856059

Company owner / manager

  • Ministry of Economy
  • Other

Country

Bulgaria

Capital

601,774,000

Total assets

3,023,793,000

Net profit for the period

38,774,000

Report year

2018

Currency

BGN

Industry

Banking

General information

About Bulgarian Development Bank AD

Bulgarian Development Bank AD is a Bulgarian state-owned bank, aimed at supporting local SMEs, export-oriented companies and public projects of national significance. According to the Bulgarian National Bank (BNB), the bank was 10th in terms of total assets in the country as of March 2019.

The bank's activities are regulated by the state through Bulgarian Development Bank Act, promulgated, State Gazette No. 43/29.04.2008, amended SG No.63/04.08.2017.


Last updated on June 11, 2019.

Meta info
Status
Active
Legal form
Joint Stock Company
Incorporation date
March 11, 1999
NIN
121856059
Tickers
Stock Exchange
ISIN
Profile last updated
June 11, 2019, 9:22 a.m.
Alternative names

    Bulgarian Development Bank JSC
    Balgarska Banka za Razvitie AD
    BDB AD
    BDB JSC

History

    Mar 11, 1999 - Nasarchitelna Banka AD is established in Sofia, the capital of Bulgaria. The bank receives a full bank licence, issued by the Bulgarian National Bank, on Feb 25, 1999.

    Apr 23, 2008 - The bank changes its name to Bulgarian Development Bank AD.
     

    Last updated on June 11, 2019.

Management

Supervisory Board
Mitko Emilov Simeonov
Member of the Board
Velina Ilieva Burska
Member of the Board
Lachezar Dimitrov Borisov
Chairman of the Board
Board of Directors and Executives
Nikolay Dimitrov Dimitrov
Member of the Board
Rumen Dimitrov Mitrov
Member of the Board
Rumen Dimitrov Mitrov
Executive Director
Nikolay Dimitrov Dimitrov
Executive Director
Stoyan Todorov Mavrodiev
Chairman of the Board and CEO

Contacts

Address
1, Diakon Ignatiy Str.
1000
Sofia, Bulgaria
Telephones

+359 2 9306 333
+359 700 11 227

Fax

+359 2 9306 321

Emails

office@bdbank.bg

Websites
www.bbr.bg

Ownership

Name Direct holding Indirect holding Owner type Country
Ministry of Economy 99.9999 Institution Bulgaria
Other 0.0001 Other

Subsidiaries and affiliates

Name Direct holding Indirect holding Country
National Guarantee Fund EAD 100.0 Bulgaria
Microfinancing Institution Jobs EAD 100.0 Bulgaria

Products and services

Bulgarian Development Bank AD provides financing to Bulgarian small and medium-sized enterprises, export-oriented companies and public projects of national significance:

  • Pre and Post-export financing
  • Agriculture financing
  • On-lending financing
  • Working capital funding
  • Investment loans
  • Project funding.

 

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