DSK Bank EAD

DSK Bank EAD is a universal bank, offering retail and corporate banking products and services to its customers.

Financials

Total Assets (2017)
12 150.12 mln BGN  (+4.36%)
Net Income (2017)
254.61 mln BGN  (-9.93%)

DSK Bank EAD is the 2nd largest bank in Bulgaria in terms of total assets. In 2017 its total assets were 12 150,12 mln BGN, providing the bank with the market share of 12.42%. In 2017 the bank's net income was 254,61 mln BGN.

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

Member of Group

 OTP Bank (Hungary)

DSK Bank EAD is a member of OTP Bank (Hungary).

Contacts

19, Moskovska Str., 1036, Sofia, Bulgaria

DSK Bank EAD is headquartered in Sofia.

Bank Identifiers

BIC (SWIFT)
STSABGSF
MFI ID
BGSTSA9300

Financial Positions

Total Assets (2017)
12 150.12 mln BGN  (+4.36%)
Total Equity (2017)
1 548.46 mln BGN  (+0.70%)

In 2017 total assets of DSK Bank EAD were 12 150.12 mln BGN. Growth compared to the previous period (2016) was 4.36%. The evolution of the total assets of DSK Bank EAD is shown at Chart 1 below.

Total Assets of DSK Bank EAD.

Chart 1. Total Assets of DSK Bank EAD.

Recent changes in total assets of DSK Bank EAD and its main components are shown in Table 1.

2016 2017 % change
Cash and deposits with Central Banks 2 532.7 1 690.4 -33.26%
Loans 7 509.3 8 396.7 +11.82%
Total Assets 11 643.0 12 150.1 +4.36%
Table 1. Recent changes in total assets of DSK Bank EAD (mln BGN).

Recent changes in total liabilities of DSK Bank EAD and its main components are shown in Table 2.

2016 2017 % change
Deposits 9 902.6 10 321.4 +4.23%
Total Liabilities 11 643.0 12 150.1 +4.36%
Table 2. Recent changes in total liabilities of DSK Bank EAD (mln BGN).

Profit and Loss

Net Income (2017)
254.61 mln BGN  (-9.93%)

Recent changes in gross profit of DSK Bank EAD and its main components are shown in Table 3.

2016 2017 % change
Interest Income 535.9 476.9 -11.01%
Interest Charges -25.7 -28.2 +9.87%
Commission Income 159.3 168.5 +5.79%
Commission Charges -15.0 -14.6 -2.62%
Table 3. Recent changes in gross profit of DSK Bank EAD (mln BGN).

In 2017 net income of DSK Bank EAD was 254.61 mln BGN. Decline compared to the previous period (2016) was -9.93%. The evolution of the net income of DSK Bank EAD is shown at Chart 2 below.

Net Income of DSK Bank EAD.

Chart 2. Net Income of DSK Bank EAD.

Market Share and Rank (among banks in Bulgaria)

Total Assets (2017)
2nd (market share 12.42%)
Loans (2017)
2nd (market share 14.06%)
Deposits (2017)
2nd (market share 12.26%)

In 2017 DSK Bank EAD was ranked the 2nd largest bank in Bulgaria in terms of total assets, having 12.42% of the domestic market share.

Market share of DSK Bank EAD (among banks in Bulgaria)

Chart 3. Market share of DSK Bank EAD (among banks in Bulgaria)

Several banks having the market shares and ranks closest to DSK Bank EAD are shown below.

RankNameTotal AssetsMarket Share
1 UniCredit Bulbank AD19096.09 mln BGN19.52%
2 DSK Bank EAD12150.12 mln BGN12.42%
3 First Investment Bank AD8642.56 mln BGN8.84%
 

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 DSK Bank EAD 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

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 DSK Bank EAD and its components are shown in the table below.

BIC  STSABGSF
Bank BIC Code  STSA
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 DSK Bank EAD is shown in the table below.

MFI ID  BGSTSA9300