Bulgarian Development Bank AD

 (4.2; 6 ratings)
4.2 6
Business Focus
retail banking for SMEs

Bulgarian Development Bank is a state-owned bank focused on support of domestic small- and medium-sized enterprises.

International Transfers

SWIFT Transfers
SEPA Credit Transfers
SEPA Instant Transfers
SEPA Direct Debits

Account Opening

Becoming a client of Bulgarian Development Bank AD can be done in a few steps:

Visit bank branch

Bulgarian Development Bank AD performs client's identity verification via branch visit.

Ways to Bank

Bulgarian Development Bank AD delivers its products and services through both direct and indirect channels, namely:
online banking


Total Assets of Bulgarian Development Bank AD
Net_income of Bulgarian Development Bank AD
Market Share of Bulgarian Development Bank AD
Total Assets (2019)
3,173.54 mln BGN  (+4.95%)
Net Income (2019)
37.65 mln BGN  (-2.90%)

Bulgarian Development Bank AD is the 9th largest bank in Bulgaria in terms of total assets. In 2019 its total assets were 3 173,54 mln BGN, providing the bank with the market share of 2.78%. In 2019 the bank's net income was 37,65 mln BGN.

Credit Ratings

Fitch: BBB
AA+, AA, AA-
A+, A, A-
BB+, BB, BB-
B+, B, B-
Moodys: -
Aa1, Aa2, Aa3
A1, A2, A3
Baa1, Baa2, Baa3, Baa4
Ba1, Ba2, Ba3
B1, B2, B3
Caa1, Caa2, Caa3, Ca

Bulgarian Development Bank AD is rated by Fitch. Long-term credit rating assigned to the bank by Fitch is BBB (good credit quality).

Deposit Guarantee

Protected Amount
up to 100,000 EUR
Guarantee Fund
Bulgarian Deposit Insurance Fund (BDIF)
Covered Depositors
natural persons (Bulgarian and foreign)
legal entities (Bulgarian and foreign)
Covered Accounts
all funds on a bank account

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.


10, Stefan Karadja Str., 1000, Sofia, Bulgaria

Bulgarian Development Bank AD is headquartered in Sofia.

Social Networks

Bulgarian Development Bank AD has profiles at the following social networks:

Bank Identifiers


Bank Supervision

Supervised By
Bulgarian National Bank

Bulgarian Development Bank AD is authorized and supervised by the Bulgarian National Bank.

Similar Banks

Expressbank AD Logo Expressbank AD
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Banking Products in Bulgaria

See Also

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16 March 2020