First Investment Bank (FIBank), which was established in 1993, is a diversified financial institution offering a range of financial products and services to clients primarily in Bulgaria. The bank also operates a representative office in Cyprus. It owns a universal banking licence for domestic and international operations.
In 1998, FIBank was the first Bulgarian bank to receive a credit rating from Standard & Poor's.
In early May 2007, First Investment Bank launched an IPO of up to 16.5 million new and existing shares with a face value of BGN 1.0 each. In mid-June 2007, the Financial Supervision Commission registered FIB as a public company with a share capital of BGN 110 million and a par value of BGN 1.0 per share.
In January 2010, the bank together with First Financial Brokerage House set up two subsidiaries – Debita and Relator. In August, FIBank acquired a 2% stake in local private health insurance fund FI Health and in November it increased its share to 57.1%. In mid-2013 First Investment Bank acquired 100% of Unionbank from Hungarian MKB Bank Zrt. In March 2014 the merger was completed and Unionbank was closed without liquidation. FIB operates through a network of more than 150 branches and offices across the country.
37 Dragan Tsankov Blvd.
Sofia; Sofia - city; Postal Code: 1797
Contact Details: Purchase the Fibank AD report to view the information.
EMIS company profiles are part of a larger information service which combines company, industry and country data and analysis for over 145 emerging markets.Request a demo of the EMIS service
To view more information, Request a demonstration of the EMIS service