Created by Anna Mileiko 
DSK Bank is a member of OTP Group (Hungary) and is owned by OTP Bank. DSK Bank AD is focused on providing traditional retail banking products and services to individuals and companies. In 2019, DSK Bank finalized the acquisition of Societe Generale Expressbank and its subsidiaries in Bulgaria.
In 2023, DSK Bank AD achieved the position of 2nd largest bank in Bulgaria with a market share of 19.05%; its total assets grew by 13.10%.
Additionally, the bank became the 3rd profitable bank in relation to its total assets showcasing 3.26% return on assets and 24.65% return on equity in 2023.
Also the lender held the 4th position regarging its loans-to-deposits (L/D) registering 89.92% L/D ratio in 2023.
Deposits up to 100,000 EUR are covered by Bulgarian deposit guarantee scheme in DSK Bank AD.
BGN (Bulgarian lev)
EUR (Euro)
USD (US dollar)
Becoming a client of DSK Bank AD can be done in a few steps:
DSK Bank AD performs client's identity verification via branch visit.
branch
online banking
mobile app
DSK Bank AD ranks as the 2nd largest bank in Bulgaria by total assets. In 2023 its total assets were 32,773.61 mln BGN, representing a 19.05% market share. In 2023 the bank's net income was 1,006.05 mln BGN.
Bulgarian Deposit Insurance Fund (BDIF)DSK Bank AD protects deposits up to up to 100,000 EUR per depositor through Bulgaria's deposit guarantee scheme. The scheme applies to all funds on a bank account made by natural persons (Bulgarian and foreign), legal entities (Bulgarian and foreign). The bank participates in the Bulgarian Deposit Insurance Fund (BDIF), making regular contributions into it.
OTP Bank (Hungary)DSK Bank AD is a member of OTP Bank (Hungary).
19, Moskovska Str., 1000, Sofia, BulgariaDSK Bank AD is headquartered in Sofia.
DSK Bank AD has profiles at the following social networks:
DSK Bank AD is authorized and supervised by the Bulgarian National Bank (reference number 300).
BGNEURUSDVisaMasterCardDSK Bank AD provides products and services in the areas of retail banking, private banking, business banking, brokerage services. DSK Bank AD offers a range of products including current accounts, savings accounts, time deposit accounts, debit cards, credit cards, virtual cards, consumer loans, mortgage loans, student loans, overdraft loans. DSK Bank AD offers several money transfer options including MoneyGram.
Opening an account with DSK Bank AD can be done by performing the following steps: visit bank branch.
DSK Bank AD performs identity verification using branch visit.
branch online banking mobile appProducts and services offered by DSK Bank AD are available at its branches and via its online banking system, mobile application.
Bulgarian
EnglishIn 2023 total assets of DSK Bank AD were 32,773.61 mln BGN. Growth compared to the previous period (2022) was 13.10%. The evolution of the total assets of DSK Bank AD is shown at Chart 1 below.
Chart 1. Total Assets of DSK Bank AD.
Recent changes in total assets of DSK Bank AD and its main components are shown in Table 1.
| 2022 | 2023 | change (%) | |
|---|---|---|---|
| Cash and deposits with Central Banks | 5,789.5 | 5,809.9 | +0.35% |
| Loans | 20,944.0 | 25,194.7 | +20.30% |
| Total Assets | 28,977.6 | 32,773.6 | +13.10% |
Table 1. Recent changes in total assets of DSK Bank AD (mln BGN).
Recent changes in total liabilities of DSK Bank AD and its main components are shown in Table 2.
| 2022 | 2023 | change (%) | |
|---|---|---|---|
| Deposits | 24,912.8 | 28,019.2 | +12.47% |
| Total Liabilities | 28,977.6 | 32,773.6 | +13.10% |
Table 2. Recent changes in total liabilities of DSK Bank AD (mln BGN).
Recent changes in gross profit of DSK Bank AD and its main components are shown in Table 3.
| 2022 | 2023 | change (%) | |
|---|---|---|---|
| Interest Income | 838.6 | 1,563.9 | +86.48% |
| Interest Charges | -158.0 | -448.3 | +183.67% |
| Commission Income | 348.2 | 374.2 | +7.46% |
| Commission Charges | -44.8 | -52.6 | +17.57% |
Table 3. Recent changes in gross profit of DSK Bank AD (mln BGN).
In 2023 net income of DSK Bank AD was 1,006.05 mln BGN. Growth compared to the previous period (2022) was 77.53%. The evolution of the net income of DSK Bank AD is shown at Chart 2 below.
Chart 2. Net Income of DSK Bank AD.
In 2023 DSK Bank AD was ranked the 2nd largest bank in Bulgariain terms of total assets, having 19.05% of the domestic market share. DSK Bank AD also became # 1 in terms of loans (market share - 20.81%), # 2 in terms of deposits (market share - 18.66%).
Chart 3. Market share of DSK Bank AD (among banks in Bulgaria)
Historical changes in DSK Bank AD's domestic rank and market share over 2019-2023 are shown below:
| Year | Rank | Market % |
|---|---|---|
| 2023 | 2 | 19.05 % |
| 2022 | 1 | 18.65 % |
| 2021 | 2 | 18.03 % |
| 2020 | 2 | 18.40 % |
| 2019 | 2 | 13.92 % |
TheBanks.eu identified several banks banks having the market shares and ranks closest to DSK Bank AD listed below.
| Rank | Name | Market % | Total Assets |
|---|---|---|---|
| 1 |  | 19.78% | 34,041.59 mln BGN (+94.22%) |
| 2 | | 19.05% | 32,773.61 mln BGN (+13.10%) |
| 3 |  | 18.67% | 32,124.50 mln BGN (+11.20%) |
Discover key identifiers of DSK Bank AD including its BIC, LEI, MFI ID.
BIC: STSABGSF
The BIC (also known as SWIFT code) for DSK Bank AD is STSABGSF. It is used in financial transactions like cross-border and SEPA payments, and helps identify the bank in global banking systems.
| Key | Value |
|---|---|
| BIC | STSABGSF |
| Bank BIC Code | STSA |
| Country Code | BG (Bulgaria) |
| Location Code | SF |
| Branch Code | - |
LEI: 529900GEH0DAUTAXUA94
DSK Bank AD’s LEI is 529900GEH0DAUTAXUA94. This code is critical for verifying the institutions’s legal identity in financial markets and is used for regulatory reporting and risk management.
| Key | Value |
|---|---|
| LEI | 529900GEH0DAUTAXUA94 |
| LOU Identifier | 5299 |
| Reserved | 00 |
| Entity Identifier | GEH0DAUTAXUA |
| Verification ID | 94 |
MFI ID: BGSTSA9300
DSK Bank AD’s MFI ID, BGSTSA9300, is assigned by the European Central Bank to identify the institution within the EU's financial system. The first two digits represent Bulgaria (BG), followed by the institutions's internal ID.
| Key | Value |
|---|---|
| MFI ID | BGSTSA9300 |
| Country Code | BG |
| MFI Code | STSA9300 |
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