Bulgarian Development Bank is a state-owned bank focused on support of domestic small- and medium-sized enterprises.
Bulgarian Development Bank AD is the 9th largest bank in Bulgaria in terms of total assets. In 2018 its total assets were 3 023,79 mln BGN, providing the bank with the market share of 2.86%. In 2018 the bank's net income was 38,77 mln BGN.
Bulgarian Development Bank AD is rated by Fitch. Long-term credit rating assigned to the bank by Fitch is BBB (good credit quality).
Bulgarian Development Bank AD participates in the deposit guarantee scheme of Bulgaria. This deposit guarantee scheme applies to all funds on a bank account made by natural persons (Bulgarian and foreign), legal entities (Bulgarian and foreign) and covers up to up to 100,000 EUR per bank per depositor. Bulgarian Development Bank AD is a member of Bulgarian Deposit Insurance Fund (BDIF) and makes its contributions into it.
Bulgarian Development Bank AD is headquartered in Sofia.
Bulgarian Development Bank AD is authorized and supervised by the Bulgarian National Bank.