You have 10 free articles left this month. Get your freeBasic subscription now and gain instant access to more.

Central Cooperative Bank AD

Summary

Company ID (NIN)

831447150

Company owner / manager

  • CCB Group EAD
  • Other
  • Chimimport AD

Country

Bulgaria

Capital

113,154,000

Total assets

5,614,481,000

Net profit for the period

32,963,000

Report year

2018

Currency

BGN

Industry

Banking

General information

About Central Cooperative Bank AD

Central Cooperative Bank AD is a Bulgarian commercial bank. The Bulgarian National Bank ranked it eighth in the country in terms of total assets as of Mar 31, 2019.


Last updated on June 11, 2019.

Meta info
Status
Active
Legal form
Joint Stock Company
Incorporation date
March 28, 1991
NIN
831447150
Tickers
4CF
Stock Exchange
Bulgarian Stock Exchange
ISIN
BG1100014973
Profile last updated
June 11, 2019, 10:42 a.m.
Alternative names

    Central Cooperative Bank AD;
    Tsentralna Kooperativna Banka JSC;
    Central Cooperative Bank JSC;
    CCB AD;
    CCB JSC

History

    Mar 28, 1991 - The Bulgarian Central Cooperative Union and local cooperative organisations establish Central Cooperative Bank OOD.

    Oct 15, 1992 -  Central Cooperative Bank OOD is transformed into a joint stock company.

    Mar 4, 1999 - The bank is listed on the Bulgarian Stock Exchange.

    2002 - Bulgarian holding company Chimimport AD acquires a 32.77% stake in Central Cooperative Bank AD.

    2004 - The bank doubles its issued capital to BGN 32.340 mln and Bulgaria-based CCB Group Assets Management EAD (CCB Group EAD) becomes majority shareholder.

    Feb 28, 2008 - The bank acquires a 62.57% stake in Macedonia's Sileks Banka AD Skopje and later changes its name to Central Cooperative Bank AD Skopje.

    2010 - Central Cooperative Bank AD acquires a 93.79% stake in Macedonia's Stater Banka AD Kumanovo. On Jan 3, 2011 Stater Banka AD Kumanovo merges with Central Cooperative Bank AD Skopje and ceases to exist as a separate legal entity.

    2011 - The bank acquires a 18% stake in the Bulgarian television and radio broadcaster Bulgaria On Air OOD.

    2011 - Central Cooperative Bank AD acquires a 100% stake in the Bulgarian investment company CCB Assets Management EAD.

    2012 - The bank acquires a majority stake in the Russian bank ZAO AKB TatInvestBank. In March 2014 ZAO AKB TatInvestBank changes its name to ZAO IK Bank.

    November 2014 - Central Cooperative Bank AD acquires the consumer loans and credit cards portfolio of local Commercial Bank Victoria EAD.

    Mar 13, 2019 - Bulgarian pension fund Saglasie AD acquires an additional 6.98% stake in Central Cooperative Bank AD.

     

    Last updated on June 11, 2019.

Management

Supervisory Board
Rayna Dimitrova Kuzmova
Member of the Board
Petar Ivanov Stefanov, a respresentative of Central Cooperative Union (Bulgaria)
Member of the Board
Ivo Kamenov Georgiev
Chairman of the Board
Marin Velikov Mitev
Member of the Board
Board of Directors and Executives
Georgi Kosev Kostov
Executive Director
Aleksandar Asenov Vodenicharov
Chairman of the Board
Tsvetan Tsankov Botev
Deputy-Chairman of the Board
Aleksandar Dimitrov Kerezov
Member of the Board
Biser Yordanov Slavkov
Member of the Board
Georgi Dimitrov Konstantinov
Member of the Board
Sava Marinov Stoynov
Member of the Board
Georgi Kosev Kostov
Member of the Board
Georgi Dimitrov Konstantinov
Executive Director
Sava Marinov Stoynov
Executive Director

Contacts

Address
87, Tsarigradsko Shose Blvd.
1086
Sofia, Bulgaria
Telephones

+359 2 9266 266
+359 2 9266 214
+359 2 9266 570

Fax

N/A

Emails

office@ccbank.bg

Websites
www.ccbank.bg

Ownership

Name Direct holding Indirect holding Owner type Country
CCB Group EAD 68.56 Company Bulgaria
Other 24.79 Other
Chimimport AD 6.65 Company Bulgaria

Subsidiaries and affiliates

Name Direct holding Indirect holding Country
Central Cooperative Bank AD Skopje 87.35 N. Macedonia
CCB Assets Management EAD 100.0 Bulgaria
ZAO IK Bank 86.27 Russia

Products and services

Central Cooperative Bank AD is engaged in financial services, management activities of holding companies and monetary intermediation.

It provides products and services to:

  • Individual clients:
    • Loans, including consumer and mortgage loans;
    • Credit and debit cards;
    • Deposits;
    • Current and saving accounts;
    • Money transfers (Western Union);
    • Currency exchange;
    • Online banking;
    • Personal safes and safety deposit boxes.
  • Small and medium enterprises and corporate clients:
    • Loans, including investment and working capital loans, capital and money market financing;
    • Deposits;
    • Debit and credit cards;
    • Current and saving accounts;
    • Money transfer;
    • Online banking;
    • Custody services.

Capacity

Access 800,000+
basic

Basic profiles include:

  • General information
  • Contacts
  • Management
  • Ownership
  • Employment
  • Financial Information & Key Financial Ratios
and 4,000+
premium

Additionaly to the content in basic profiles, premium profiles include:

  • Company History
  • Subsidiaries & Affiliates
  • Product & Services
  • Capacity
  • Market & Sales
  • Investment Plans
company profiles

Employment

Access 800,000+
basic

Basic profiles include:

  • General information
  • Contacts
  • Management
  • Ownership
  • Employment
  • Financial Information & Key Financial Ratios
and 4,000+
premium

Additionaly to the content in basic profiles, premium profiles include:

  • Company History
  • Subsidiaries & Affiliates
  • Product & Services
  • Capacity
  • Market & Sales
  • Investment Plans
company profiles

Market and sales

Access 800,000+
basic

Basic profiles include:

  • General information
  • Contacts
  • Management
  • Ownership
  • Employment
  • Financial Information & Key Financial Ratios
and 4,000+
premium

Additionaly to the content in basic profiles, premium profiles include:

  • Company History
  • Subsidiaries & Affiliates
  • Product & Services
  • Capacity
  • Market & Sales
  • Investment Plans
company profiles

Investment plans

Access 800,000+
basic

Basic profiles include:

  • General information
  • Contacts
  • Management
  • Ownership
  • Employment
  • Financial Information & Key Financial Ratios
and 4,000+
premium

Additionaly to the content in basic profiles, premium profiles include:

  • Company History
  • Subsidiaries & Affiliates
  • Product & Services
  • Capacity
  • Market & Sales
  • Investment Plans
company profiles

Financial information

Access 800,000+
basic

Basic profiles include:

  • General information
  • Contacts
  • Management
  • Ownership
  • Employment
  • Financial Information & Key Financial Ratios
and 4,000+
premium

Additionaly to the content in basic profiles, premium profiles include:

  • Company History
  • Subsidiaries & Affiliates
  • Product & Services
  • Capacity
  • Market & Sales
  • Investment Plans
company profiles
Compare