Created by Anna Mileiko 
Eurobank Bulgaria AD, operating as Postbank, is a universal bank offering a full range of retail banking products, including credit and debit cards, mortgage and consumer loans, saving products to a broad variety of customers - from individuals and small businesses to large international companies operating in Bulgaria. During the recent years Eurobank Bulgaria AD acquired two banks - Alpha Bank (Bulgarian Branch) and Piraeus Bank Bulgaria to strengthen its position as a systemic bank on the market and to expand its customer base.
In 2023, Eurobank Bulgaria AD achieved the position of 4th largest bank in Bulgaria with a market share of 11.27%; its total assets grew by 18.48%.
Additionally, the bank became the 12th profitable bank in relation to its total assets showcasing 1.72% return on assets and 14.64% return on equity in 2023.
Also the lender held the 6th position regarging its loans-to-deposits (L/D) registering 87.09% L/D ratio in 2023.
Deposits up to 100,000 EUR are covered by Bulgarian deposit guarantee scheme in Eurobank Bulgaria AD.
BGN (Bulgarian lev)
EUR (Euro)
USD (US dollar)
Becoming a client of Eurobank Bulgaria AD can be done in a few steps:
Eurobank Bulgaria AD performs client's identity verification via branch visit.
branch
online banking
mobile app
Eurobank Bulgaria AD ranks as the 4th largest bank in Bulgaria by total assets. In 2023 its total assets were 19,389.98 mln BGN, representing a 11.27% market share. In 2023 the bank's net income was 308.22 mln BGN.
Bulgarian Deposit Insurance Fund (BDIF)Eurobank Bulgaria 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.
Eurobank Ergasias (Greece)Eurobank Bulgaria AD is a member of Eurobank Ergasias (Greece).
260, Okolovrasten Pat Blvd., 1766, Sofia, BulgariaEurobank Bulgaria AD is headquartered in Sofia.
Eurobank Bulgaria AD has profiles at the following social networks:
Eurobank Bulgaria AD is authorized and supervised by the Bulgarian National Bank (reference number 920).
BGNEURUSDVisaMasterCardEurobank Bulgaria AD provides products and services in the areas of retail banking, private banking, SME banking, business banking. Eurobank Bulgaria AD offers a range of products including current accounts, savings accounts, time deposit accounts, debit cards, credit cards, consumer loans, mortgage loans, mutual funds.
Opening an account with Eurobank Bulgaria AD can be done by performing the following steps: visit bank branch.
Eurobank Bulgaria AD performs identity verification using branch visit.
branch online banking mobile appProducts and services offered by Eurobank Bulgaria AD are available at its branches and via its online banking system, mobile application.
EnglishIn 2023 total assets of Eurobank Bulgaria AD were 19,389.98 mln BGN. Growth compared to the previous period (2022) was 18.48%. The evolution of the total assets of Eurobank Bulgaria AD is shown at Chart 1 below.
Chart 1. Total Assets of Eurobank Bulgaria AD.
Recent changes in total assets of Eurobank Bulgaria AD and its main components are shown in Table 1.
| 2022 | 2023 | change (%) | |
|---|---|---|---|
| Cash and deposits with Central Banks | 1,769.4 | 2,757.4 | +55.84% |
| Loans | 12,743.4 | 14,738.9 | +15.66% |
| Total Assets | 16,366.0 | 19,390.0 | +18.48% |
Table 1. Recent changes in total assets of Eurobank Bulgaria AD (mln BGN).
Recent changes in total liabilities of Eurobank Bulgaria AD and its main components are shown in Table 2.
| 2022 | 2023 | change (%) | |
|---|---|---|---|
| Deposits | 14,266.5 | 16,922.8 | +18.62% |
| Total Liabilities | 16,366.0 | 19,390.0 | +18.48% |
Table 2. Recent changes in total liabilities of Eurobank Bulgaria AD (mln BGN).
Recent changes in gross profit of Eurobank Bulgaria AD and its main components are shown in Table 3.
| 2022 | 2023 | change (%) | |
|---|---|---|---|
| Interest Income | 454.0 | 752.0 | +65.63% |
| Interest Charges | -26.9 | -115.3 | +327.99% |
| Commission Income | 156.2 | 168.3 | +7.75% |
| Commission Charges | -39.9 | -46.2 | +15.85% |
Table 3. Recent changes in gross profit of Eurobank Bulgaria AD (mln BGN).
In 2023 net income of Eurobank Bulgaria AD was 308.22 mln BGN. Growth compared to the previous period (2022) was 49.02%. The evolution of the net income of Eurobank Bulgaria AD is shown at Chart 2 below.
Chart 2. Net Income of Eurobank Bulgaria AD.
In 2023 Eurobank Bulgaria AD was ranked the 4th largest bank in Bulgariain terms of total assets, having 11.27% of the domestic market share. Eurobank Bulgaria AD also became # 4 in terms of loans (market share - 12.18%), # 4 in terms of deposits (market share - 11.27%).
Chart 3. Market share of Eurobank Bulgaria AD (among banks in Bulgaria)
Historical changes in Eurobank Bulgaria AD's domestic rank and market share over 2019-2023 are shown below:
| Year | Rank | Market % |
|---|---|---|
| 2023 | 4 | 11.27 % |
| 2022 | 4 | 10.53 % |
| 2021 | 4 | 10.70 % |
| 2020 | 4 | 9.76 % |
| 2019 | 4 | 9.79 % |
TheBanks.eu identified several banks banks having the market shares and ranks closest to Eurobank Bulgaria AD listed below.
| Rank | Name | Market % | Total Assets |
|---|---|---|---|
| 3 |  | 18.67% | 32,124.50 mln BGN (+11.20%) |
| 4 | | 11.27% | 19,389.98 mln BGN (+18.48%) |
| 5 |  | 8.07% | 13,888.90 mln BGN (+9.24%) |
Discover key identifiers of Eurobank Bulgaria AD including its BIC, LEI, MFI ID.
BIC: BPBIBGSF
The BIC (also known as SWIFT code) for Eurobank Bulgaria AD is BPBIBGSF. It is used in financial transactions like cross-border and SEPA payments, and helps identify the bank in global banking systems.
| Key | Value |
|---|---|
| BIC | BPBIBGSF |
| Bank BIC Code | BPBI |
| Country Code | BG (Bulgaria) |
| Location Code | SF |
| Branch Code | - |
LEI: 549300IRGNL8Q3O8Y413
Eurobank Bulgaria AD’s LEI is 549300IRGNL8Q3O8Y413. 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 | 549300IRGNL8Q3O8Y413 |
| LOU Identifier | 5493 |
| Reserved | 00 |
| Entity Identifier | IRGNL8Q3O8Y4 |
| Verification ID | 13 |
MFI ID: BGBPBI9920
Eurobank Bulgaria AD’s MFI ID, BGBPBI9920, 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 | BGBPBI9920 |
| Country Code | BG |
| MFI Code | BPBI9920 |
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