Central Cooperative Bank AD

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Business Focus

universal banking

Central Cooperative Bank AD was founded in 1991 by Central Cooperative Union, regional cooperative unions and 1100 cooperative organizations to controbute to the development of cooperative system in Bulgaria. Central Cooperative Bank AD is a universal commercial bank offering a full range of services in financial intermediation, focusing on financing small and medium-sized businesses and retail banking.

Services

retail banking
business banking

Products

current accounts
savings accounts
time deposit accounts
debit cards
credit cards
consumer loans
mortgage loans
overdraft loans
mutual funds

Account Currencies

BGBGN (Bulgarian lev)

Card Providers

MasterCard

International Transfers

SWIFT Transfers
SEPA Credit Transfers
SEPA Instant Transfers
SEPA Direct Debits
Western Union
EasyPay

See Also

Account Opening

Becoming a client of Central Cooperative Bank AD can be done in a few steps:

1.
Visit bank branch

Due to regulatory requirements Central Cooperative Bank AD performs KYC/AML checks when establishing business relationships with a new client. While onboarding a private individual Central Cooperative Bank AD will ask him/her to provide the following documents: passport; proof of address. For corporate clients Central Cooperative Bank AD will ask to provide corporate documentation as well as information about controlling persons. Central Cooperative Bank AD may request additional documentation or information depending on the case. Central Cooperative Bank AD performs client's identity verification via branch visit.

Ways to Bank

Central Cooperative Bank AD delivers its products and services through both direct and indirect channels, namely:
branch
online banking
mobile app

Common Shares

Listed Entity
Central Cooperative Bank AD
ISIN
BG1100014973
Stock Exchange
Bulgarian Stock ExchangeBulgarian Stock Exchange (XBUL)
Ticker
4CF

See Also

Financials

Total Assets of Central Cooperative Bank AD
Net_income of Central Cooperative Bank AD
Market Share of Central Cooperative Bank AD
Total Assets (2019)
6,106.23 mln BGN  (+8.76%)
Net Income (2019)
34.83 mln BGN  (+5.68%)

Central Cooperative Bank AD is the 8th largest bank in Bulgaria in terms of total assets. In 2019 its total assets were 6 106,23 mln BGN, providing the bank with the market share of 5.35%. In 2019 the bank's net income was 34,83 mln BGN.

Deposit Guarantee

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

Central Cooperative 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. Central Cooperative Bank AD is a member of Bulgarian Deposit Insurance Fund (BDIF) and makes its contributions into it.

Contacts

87, Tsarigradsko Shosse Blvd., 1113, Sofia, Bulgaria

Central Cooperative Bank AD is headquartered in Sofia.

Social Networks

Central Cooperative Bank AD has profiles at the following social networks:

Bank Identifiers

BIC (SWIFT)
CECBBGSF
LEI
5299002142DS5ONT5540
MFI ID
BGCECB9790

Bank Supervision

Supervised By
Bulgarian National Bank

Central Cooperative Bank AD is authorized and supervised by the Bulgarian National Bank.

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See Also

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