REQUEST A DEMO
Total
USD $0.00
Search more companies

Investbank AD (Bulgaria)

Main Activities: Commercial Banking
Full name: Investbank 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

Bulgarian commercial bank Investbank is a successor of local Neftinvestbank. The lender is a fully licensed commercial bank and provides full range of banking and financial services and products for individuals, corporate clients and SMEs.
In April 2000, Neftinvestbank was selected as exclusive buyer of state-owned Biochim Bank but was later rejected by Bulgarian authorities due to alleged non-transparent shareholder structure. The bank was renamed into Investbank at the end of 2002.
In April 2003, Festa Holding - majority owned by local businesswoman Petya Slavova - acquired a 63% stake in Investbank for an undisclosed sum. The majority stake was acquired from companies associated with her former business partner Mitko Sabev.
In December 2010, Investbank raised its capital from BGN 80 million to BGN 89.6 million through the transformation of a loan provided by its majority shareholders Festa Holding and Petya Slavova. In August 2012, Omani businessman Adil Said Ahmed Al Shanfari acquired a 24.93% stake in Bulgaria's sixteenth largest bank in terms of assets, Investbank AD, through a capital hike. In April 2013 the private investor increased his stake to 31.74%.

Headquarters
85 Bulgaria Blvd.
Sofia; Sofia - city; Postal Code: 1000

Contact Details: Purchase the Investbank AD report to view the information.

Website: http://www.ibank.bg/

Basic Information
Total Employees:
Purchase the Investbank AD report to view the information.
Outstanding Shares:
Purchase the Investbank AD report to view the information.
Registered Capital:
Purchase the Investbank AD report to view the information.
Financial Auditors:
Purchase the Investbank AD report to view the information.
Incorporation Date:
December 16, 1994
Key Executives
Purchase this report to view the information.
Executive Director and Member of the Management Board
Purchase this report to view the information.
Executive Director and Member of the Management Board
Purchase this report to view the information.
Member of the Management Board
Purchase this report to view the information.
Member of the Management Board
Purchase this report to view the information.
Member of the Supervisory Board
Ownership Details
Purchase this report to view the information.
55.36%
Purchase this report to view the information.
28.04%
Purchase this report to view the information.
12.46%
Subsidiaries
Commercial Bank Victoria EAD
100%
Bulgaria Insurance AD
9.35%
Borica AD
1.09%
Company Performance
Financial values in the chart are available after Investbank AD report is purchased.
Looking for more than just a company report?

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
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
93.96%
Net fee and commission income
0.52%
Operating profit (EBIT)
14.13%
Net Profit (Loss) for the Period
23.33%
Total assets
11.32%
Total equity
19.33%
Total Assets Trend
-1.23%
Net Interest Income Trend
42.09%
Cost to Income Ratio
-2.74%

To view more information, Request a demonstration of the EMIS service

Buy this company report
Need ongoing access to company, industry or country information?