TBI Bank EAD

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

Products

Financials

Total Assets (2017)
686.74 mln BGN  (+15.64%)
Net Income (2017)
31.15 mln BGN  (+32.08%)

TBI Bank EAD is the 21st largest bank in Bulgaria in terms of total assets. In 2017 its total assets were 686,74 mln BGN, providing the bank with the market share of 0.70%. In 2017 the bank's net income was 31,15 mln BGN.

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

Contacts

52-54, Dimitar Hadzhikotsev Str., 1421, Sofia, Bulgaria

TBI Bank EAD is headquartered in Sofia.

Bank Identifiers

BIC (SWIFT)
TBIBBGSF
MFI ID
BGTBIB9310

Business Summary

The range of products offered by TBI Bank EAD includes time deposit accounts (0.10 - 0.90 %).

Products

Time Deposit Accounts

Time deposits accounts are interest-bearing deposit accounts offering higher interest rates than savings accounts. However the money deposited to such account cannot be withdrawn for a specified period of time (term).

Time deposit accounts made with TBI Bank EAD are covered by deposit guarantee scheme of Bulgaria up to 100 000 EUR per depositor. TBI Bank EAD offers the following time deposit accounts.

Updated on 17 August 2018

Festgeld
Sales Region
Germany
Account Currency
EUR
Interest Rate (p.a.)
0.10 %
Deposit Term (months)
6
Time Deposit Account Details
Product Name
Festgeld
Account Currency
EUR
Interest Rate (p.a.)
0.10 %
Deposit Term (months)
6
Investment Amount
10000 - 100000 EUR
Interest Frequency
1 times a year
Festgeld
Sales Region
Germany
Account Currency
EUR
Interest Rate (p.a.)
0.20 %
Deposit Term (months)
9
Time Deposit Account Details
Product Name
Festgeld
Account Currency
EUR
Interest Rate (p.a.)
0.20 %
Deposit Term (months)
9
Investment Amount
10000 - 100000 EUR
Interest Frequency
1 times a year
Festgeld
Sales Region
Germany
Account Currency
EUR
Interest Rate (p.a.)
0.30 %
Deposit Term (months)
12
Time Deposit Account Details
Product Name
Festgeld
Account Currency
EUR
Interest Rate (p.a.)
0.30 %
Deposit Term (months)
12
Investment Amount
10000 - 100000 EUR
Interest Frequency
1 times a year
Festgeld
Sales Region
Germany
Account Currency
EUR
Interest Rate (p.a.)
0.55 %
Deposit Term (months)
16
Time Deposit Account Details
Product Name
Festgeld
Account Currency
EUR
Interest Rate (p.a.)
0.55 %
Deposit Term (months)
16
Investment Amount
10000 - 100000 EUR
Interest Frequency
1 times a year
Festgeld
Sales Region
Germany
Account Currency
EUR
Interest Rate (p.a.)
0.70 %
Deposit Term (months)
24
Time Deposit Account Details
Product Name
Festgeld
Account Currency
EUR
Interest Rate (p.a.)
0.70 %
Deposit Term (months)
24
Investment Amount
10000 - 100000 EUR
Interest Frequency
1 times a year
Festgeld
Sales Region
Germany
Account Currency
EUR
Interest Rate (p.a.)
0.90 %
Deposit Term (months)
36
Time Deposit Account Details
Product Name
Festgeld
Account Currency
EUR
Interest Rate (p.a.)
0.90 %
Deposit Term (months)
36
Investment Amount
10000 - 100000 EUR
Interest Frequency
1 times a year

Germany: This product is offered to German residents only. When clicking on the product link you will be redirected to the product page in German.

See Also

Financial Positions

Total Assets (2017)
686.74 mln BGN  (+15.64%)
Total Equity (2017)
164.92 mln BGN  (+23.78%)

In 2017 total assets of TBI Bank EAD were 686.74 mln BGN. Growth compared to the previous period (2016) was 15.64%. The evolution of the total assets of TBI Bank EAD is shown at Chart 1 below.

Total Assets of TBI Bank EAD.

Chart 1. Total Assets of TBI Bank EAD.

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

2016 2017 % change
Cash and deposits with Central Banks 163.3 171.7 +5.18%
Loans 358.7 445.1 +24.08%
Total Assets 593.9 686.7 +15.64%
Table 1. Recent changes in total assets of TBI Bank EAD (mln BGN).

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

2016 2017 % change
Deposits 448.7 507.3 +13.08%
Total Liabilities 593.9 686.7 +15.64%
Table 2. Recent changes in total liabilities of TBI Bank EAD (mln BGN).

Profit and Loss

Net Income (2017)
31.15 mln BGN  (+32.08%)

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

2016 2017 % change
Interest Income 64.6 88.0 +36.08%
Interest Charges -6.0 -7.3 +21.60%
Commission Income 12.2 16.3 +33.54%
Commission Charges -2.2 -2.6 +18.00%
Table 3. Recent changes in gross profit of TBI Bank EAD (mln BGN).

In 2017 net income of TBI Bank EAD was 31.15 mln BGN. Growth compared to the previous period (2016) was 32.08%. The evolution of the net income of TBI Bank EAD is shown at Chart 2 below.

Net Income of TBI Bank EAD.

Chart 2. Net Income of TBI Bank EAD.

Market Share and Rank (among banks in Bulgaria)

Total Assets (2017)
21st (market share 0.70%)
Loans (2017)
18th (market share 0.75%)
Deposits (2017)
22nd (market share 0.60%)

In 2017 TBI Bank EAD was ranked the 21st largest bank in Bulgaria in terms of total assets, having 0.70% of the domestic market share.

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

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

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

RankNameTotal AssetsMarket Share
20 BNP Paribas S.A. - Sofia Branch735.98 mln BGN0.75%
21 TBI Bank EAD686.74 mln BGN0.70%
22 ING Bank NV - Sofia Branch671.07 mln BGN0.69%
 

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

BIC  TBIBBGSF
Bank BIC Code  TBIB
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 TBI Bank EAD is shown in the table below.

MFI ID  BGTBIB9310

European Presence: 2 banks in 2 countries

TBI Bank EAD operates under the brand name TBI Bank. This banking brand has presence in the following European countries and selected dependent territories of the European countries:

Bulgaria

  •  (this bank) TBI Bank EAD (Sofia)

Romania

Banking Products in Bulgaria