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.
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.
|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.
Recent changes in total assets of D Commerce Bank AD and its main components are shown in Table 1.
|Cash and deposits with Central Banks||178.5|
|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.
|Table 2. Recent changes in total liabilities of D Commerce Bank AD (mln BGN).|
|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.
|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.
|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)|
|Maximum Protected Amount||100 000 EUR|
|Paid In Currency||BGN|
Any bank can be identified for different purposes and hence can have several different identifiers.
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.
|Bank BIC Code||DEMI|
|Country Code||BG (Bulgaria)|
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.