D Commerce Bank AD

D Commerce Bank AD is a universal bank, offering retail and corporate banking products and services to its customers.

D Commerce Bank AD is the 20th largest bank in Bulgaria in terms of total assets. In 2016 its total assets were 725,89 mln BGN, providing the bank with the market share of 0.79%. In 2016 the bank's net income was 846 000,00 BGN.

Rank in Bulgaria
20th largest bank

Total Assets (2016)
725.89 mln BGN  (+7.97%)
Net Income (2016)
846 000.00 BGN  (+47.90%)

D Commerce Bank AD participates in deposit guarantee scheme of Bulgaria. This scheme covers accounts up to 100 000 EUR per bank per depositor.

D Commerce Bank AD is headquartered in Sofia.

Address
8, General Totleben Blvd., 1606, Sofia, Bulgaria
Website
www.dbank.bg
BIC (SWIFT)
DEMIBGSF
MFI ID
BGDEMI9240

Financial Positions

Total Assets (2016)
725.89 mln BGN  (+7.97%)
Total Equity (2016)
91.88 mln BGN  (+0.63%)

In 2016 total assets of D Commerce Bank AD were 725.89 mln BGN. Growth compared to the previous period (2015) was 7.97%. The evolution of the total assets of D Commerce Bank AD is shown at Chart 1 below.

Total Assets of D Commerce Bank AD. Chart 1. Total Assets of D Commerce Bank AD.

Recent changes in total assets of D Commerce Bank AD and its main components are shown in Table 1.

2015 2016 % change
Loans 375.1 357.0 -4.83%
Cash and deposits with Central Banks 178.5
Total Assets 672.3 725.9 +7.97%
Table 1. Recent changes in total assets of D Commerce Bank AD (mln BGN).

Recent changes in total liabilities of D Commerce Bank AD and its main components are shown in Table 2.

2015 2016 % change
Deposits 575.6 630.8 +9.58%
Total Liabilities 672.3 725.9 +7.97%
Table 2. Recent changes in total liabilities of D Commerce Bank AD (mln BGN).

Profit and Loss

Net Income (2016)
846 000.00 BGN  (+47.90%)

Recent changes in gross profit of D Commerce Bank AD and its main components are shown in Table 3.

2015 2016 % change
Interest Income 28.8 25.2 -12.64%
Interest Charges -9.1 -4.0 -55.60%
Commission Income 9.1 8.5 -6.09%
Commission Charges -0.9 -1.0 +8.62%
Table 3. Recent changes in gross profit of D Commerce Bank AD (mln BGN).

In 2016 net income of D Commerce Bank AD was 846 000.00 BGN. Growth compared to the previous period (2015) was 47.90%. The evolution of the net income of D Commerce Bank AD is shown at Chart 2 below.

Net Income of D Commerce Bank AD. Chart 2. Net Income of D Commerce Bank AD.

Market Position and Market Share (among banks in Bulgaria)

Total Assets (2016)
20th (market share 0.79%)
Loans (2016)
20th (market share 0.64%)
Deposits (2016)
20th (market share 0.80%)

In 2016 D Commerce Bank AD was the 20th largest bank in Bulgaria in terms of total assets, having 0.79% of market share.

Market share of D Commerce Bank AD Chart 3. Market share of D Commerce Bank AD

Several banks with market shares closest to D Commerce Bank AD are shown below.

RankNameTotal AssetsMarket Share
19 BNP Paribas S.A. - Sofia Branch750.50 mln BGN0.81%
20 D Commerce Bank AD725.89 mln BGN0.79%
21 TBI Bank EAD593.88 mln BGN0.64%
 

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 credit institutions operating in Bulgaria are obliged to participate in Bulgarian deposit guarantee scheme.

In the case of D Commerce Bank AD 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 funds on a bank account (term deposit, demand deposit, savings or current account, etc)
Covered Currencies  all
Maximum Protected Amount  100 000 EUR
Paid In Currency  BGN

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 D Commerce Bank AD and its components are shown in the table below.

BIC  DEMIBGSF
Bank BIC Code  DEMI
Country Code  BG (Bulgaria)
Location Code  SF
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 D Commerce Bank AD is shown in the table below.

MFI ID  BGDEMI9240

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