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Allianz Bank Bulgaria AD (Bulgaria)

Main Activities: Commercial Banking
Full name: Allianz Bank Bulgaria AD Profile Updated: September 21, 2023
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

Commercial bank Allianz Bulgaria, which is part of Allianz Bulgaria Holding that also runs two insurance companies and a pension fund, is a successor of local bank Bulgaria Invest.
Bulgaria Invest Bank was launched in 1997 as a successor to the ailing Yambol Bank, which was purchased by the local Bulgaria Insurance Holding for BGN 3.8 billion. Germany's insurance giant Allianz Group bought 51% in the holding in 1998. Bulgaria Invest Bank was renamed into Allianz Bulgaria in October 2003.
Allianz Bank Bulgaria serves its clients through a network of more than 100 branch offices across the country.

Headquarters
16 Srebarna Str.
Sofia; Sofia - city; Postal Code: 1407

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Website: https://www.allianz.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:
November 12, 1997
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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Member of the Management Board
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Member of the Management Board
Ownership Details
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99.891%
Subsidiaries
Borica AD
1.13%
Company Performance
Financial values in the chart are available after Allianz Bank Bulgaria 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
31.43%
Net fee and commission income
3.49%
Operating profit (EBIT)
147.97%
Net Profit (Loss) for the Period
144.94%
Total assets
-1.28%
Total equity
25.96%
Total Assets Trend
N/A
Net Interest Income Trend
22.17%
Cost to Income Ratio
-12.44%

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