BNP Paribas S.A. - Sofia Branch

BNP Paribas S.A. – Sofia Branch offers products and services to corporate clients and financial institutions. The bank offers a broad range of commercial and investment banking products including cash management, trade finance, working capital solutions, FX hedging & conversion, commodity hedging.

Bank Category
Branches of foreign banks

Business Focus
Corporate Banking

BNP Paribas S.A. - Sofia Branch is the 19th largest bank in Bulgaria in terms of total assets. In 2016 its total assets were 750,50 mln BGN, providing the bank with the market share of 0.81%. In 2016 the bank's net income was -7,12 mln BGN.

Rank in Bulgaria
19th largest bank

Total Assets (2016)
750.50 mln BGN  (-5.10%)
Net Income (2016)
-7 124 000.00 BGN  (-13.78%)

BNP Paribas S.A. - Sofia Branch participates in deposit guarantee scheme of France. This scheme covers accounts up to 100 000 EUR per bank per depositor.

BNP Paribas S.A. - Sofia Branch is a member of BNP Paribas (France) and operates as a branch of BNP Paribas (France). BNP Paribas S.A. - Sofia Branch is located in Sofia.

Member of Group
 BNP Paribas (France)

Address
2, Tsar Osvoboditel Blvd., 1000, Sofia, Bulgaria
Website
www.bnpparibas.bg
BIC (SWIFT)
BNPABGSX
MFI ID
BGBNPA9440

Financial Positions

Total Assets (2016)
750.50 mln BGN  (-5.10%)
Total Equity (2016)
-2 959 000.00 BGN

In 2016 total assets of BNP Paribas S.A. - Sofia Branch were 750.50 mln BGN. Decline compared to the previous period (2015) was -5.10%. The evolution of the total assets of BNP Paribas S.A. - Sofia Branch is shown at Chart 1 below.

Total Assets of BNP Paribas S.A. - Sofia Branch.

Chart 1. Total Assets of BNP Paribas S.A. - Sofia Branch.

Recent changes in total assets of BNP Paribas S.A. - Sofia Branch and its main components are shown in Table 1.

2015 2016 % change
Loans 658.0 441.6 -32.88%
Cash and deposits with Central Banks 300.6
Total Assets 790.8 750.5 -5.10%
Table 1. Recent changes in total assets of BNP Paribas S.A. - Sofia Branch (mln BGN).

Recent changes in total liabilities of BNP Paribas S.A. - Sofia Branch and its main components are shown in Table 2.

2015 2016 % change
Deposits 769.7 730.4 -5.11%
Total Liabilities 790.8 750.5 -5.10%
Table 2. Recent changes in total liabilities of BNP Paribas S.A. - Sofia Branch (mln BGN).

Profit and Loss

Net Income (2016)
-7 124 000.00 BGN  (-13.78%)

Recent changes in gross profit of BNP Paribas S.A. - Sofia Branch and its main components are shown in Table 3.

2015 2016 % change
Interest Income 12.8 10.7 -16.19%
Interest Charges -5.1 -3.8 -26.70%
Commission Income 5.8 6.0 +3.56%
Commission Charges -0.6 -0.6 -0.98%
Table 3. Recent changes in gross profit of BNP Paribas S.A. - Sofia Branch (mln BGN).

In 2016 net income of BNP Paribas S.A. - Sofia Branch was -7 124 000.00 BGN. Decline compared to the previous period (2015) was -13.78%. The evolution of the net income of BNP Paribas S.A. - Sofia Branch is shown at Chart 2 below.

Net Income of BNP Paribas S.A. - Sofia Branch.

Chart 2. Net Income of BNP Paribas S.A. - Sofia Branch.

Market Position and Market Share (among banks in Bulgaria)

Total Assets (2016)
19th (market share 0.81%)
Loans (2016)
18th (market share 0.79%)
Deposits (2016)
19th (market share 0.92%)

In 2016 BNP Paribas S.A. - Sofia Branch was the 19th largest bank in Bulgaria in terms of total assets, having 0.81% of market share.

Market share of BNP Paribas S.A. - Sofia Branch

Chart 3. Market share of BNP Paribas S.A. - Sofia Branch

Several banks with market shares closest to BNP Paribas S.A. - Sofia Branch are shown below.

RankNameTotal AssetsMarket Share
18 Citibank Europe plc, Bulgaria Branch829.06 mln BGN0.90%
19 BNP Paribas S.A. - Sofia Branch750.50 mln BGN0.81%
20 D Commerce Bank AD725.89 mln BGN0.79%
 

Deposit Guarantee

Deposit Guarantee
Yes (up to 100 000 EUR per depositor)

Deposit Guarantee Schemes compensate certain deposits held by depositors of a bank that becomes unable to meet its obligations.

All branches of French banks operating abroad participate in the deposit guarantee scheme of France.

In the case of BNP Paribas S.A. - Sofia Branch failure, eligible depositors having covered accounts in this bank will be paid out the following compensation:

Eligible Depositors  natural persons, legal entities
Covered Accounts  all deposit accounts (current accounts, demand accounts, passbook accounts, term accounts, home savings accounts, home savings schemes, etc.)
Covered Currencies  all currencies
Maximum Protected Amount  100 000 EUR
Paid In Currency  EUR

Further Information

Bank Identifiers

Any bank can be identified for different purposes and hence can have several different identifiers.

BIC

BIC (Business Identifier Code, also known as SWIFT code or SWIFT BIC) is a the mostly used international identifier of financial institutions. SWIFT is the registration authority for BICs. BICs are used in financial transactions, client and counterparty data bases, compliance documents and many others.

A BIC consists of eight or eleven characters, comprising a financial institution code (four characters), a country code (two characters), a location code (two characters) and, optionally, a branch code (three characters).

BIC of BNP Paribas S.A. - Sofia Branch and its components are shown in the table below.

BIC  BNPABGSX
Bank BIC Code  BNPA
Country Code  BG (Bulgaria)
Location Code  SX
Branch Code  -

MFI ID

MFI ID (Monetary Financial Institution Identifier) is a code, unique to each institution in the MFI list provided by ECB (European Central Bank). MFI ID is hence applicable to MFIs resident in the European Union.

The code is alphanumerical, with the first two digits representing the two-digit ISO code for the country of residence of the MFI and the remaining number of digits (no limit has been specified) is any combination of alphanumerical characters.

MFI ID of BNP Paribas S.A. - Sofia Branch is shown in the table below.

MFI ID  BGBNPA9440

European Presence: 28 banks in 22 countries

This bank operates in the following European countries and selected dependent territories of the European countries:

Austria

Belgium

Bulgaria

  •  (this bank) BNP Paribas S.A. - Sofia Branch (Sofia)

Cayman Islands

Czech Republic

Denmark

France

Germany

Guernsey

Hungary

Ireland

Italy

Jersey

Luxembourg

Netherlands

Norway

Poland

Portugal

Spain

Sweden

Switzerland

United Kingdom

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