Varengold Bank AG, Sofia Branch

Business Focus
corporate banking

Varengold was established in 1995 as an asset manager, providing German investors access to the markets of managed futures, hedge funds and alternative investment. In 2013 Varengold obtained its commercial banking license and started providing retail, corporate and investment banking products and services. Varengold Bank AG, Sofia Branch operates as a branch of Varengold Bank AG (Germany).

Bank Category

Branches of foreign banks


marketplace banking
transaction banking
retail banking




business accounts
savings accounts
time deposit accounts

International Transfers

SWIFT Transfers
SEPA Credit Transfers
SEPA Instant Transfers
SEPA Direct Debits

Deposit Guarantee

Protected Amount
up to 100,000 EUR
Guarantee Fund
Entschädigungseinrichtung deutscher Banken GmbH (EdB)
Covered Depositors
Covered Accounts
all deposit accounts

Varengold Bank AG, Sofia Branch participates in the deposit guarantee scheme of Germany. This deposit guarantee scheme applies to all deposit accounts made by individuals, companies and covers up to up to 100,000 EUR per bank per depositor. Varengold Bank AG, Sofia Branch is a member of Entschädigungseinrichtung deutscher Banken GmbH (EdB) and makes its contributions into it.


43, Christopher Columbus Blvd., 1592, Sofia, Bulgaria
+359 2 4144 994

Varengold Bank AG, Sofia Branch is located in Sofia.

Bank Identifiers


Bank Supervision

Supervised By
Bulgarian National Bank

Varengold Bank AG, Sofia Branch is authorized and supervised by the Bulgarian National Bank.

Bank History

Start Date
January 2019

See Also

Related Articles

Banks in Bulgaria
16 March 2020