First Investment Bank AD aspires to continue to be one of the best banks in Bulgaria, recognized as a rapidly growing, innovative, customer-oriented bank, offering outstanding products and services to its customers, ensuring excellent careers for its employees, and contributing to the community. The Bank shall continue to develop high-technological solutions providing its customers with opportunities for banking from any place around the world at any time.
High professional standards
Solid market positions
Wide branch network
Deep knowledge of the market
Flexibility in decision making
First-class customer service
- About the Group
First Investment Bank (Fibank) is the biggest bank with Bulgarian capital which is developing and strengthening its position as a financial group with main business in the Republic of Bulgaria and regional presence through foreign operations in Cyprus and Albania.
Fibank is an innovative and customer-oriented credit institution that offers a diverse range of products and services for individual and corporate clients. With experience in corporate banking and broad presence in the market of retail banking, First Investment Bank is among the leading institutions in the country in card business and international payments. Fibank is preferred bank for savings of the population, which offers a high quality of customer service in accordance with the best banking practices. Fibank is among the pioneers in the business with investment gold and other precious metals with unique for the Bulgarian market products and services. First Investment Bank offers its customers advanced solutions and modern banking.
- Corporate Status
First Investment Bank is a joint-stock company, registered with Sofia City Court pursuant to a ruling dated 8 October 1993. Since 28 February 2008 the Bank has been registered in the Commercial Register at the Registry Agency.
First Investment Bank is a public company registered in the Commercial Register of Sofia City Court with a decision dated 4 June 2007 and in the register of public companies and other issuers held by the Financial Supervision Commission with a decision dated 13 June 2007.
The Bank owns a universal banking licence for domestic and international operations.
First Investment Bank is a licensed primary dealer in government securities and is a registered investment intermediary.
- Participation and Membership
First Investment Bank is a member and participates in the following organizations:
- Association of Banks in Bulgaria
- Bulgarian Stock Exchange - Sofia AD
- Central Depository AD
- BORICA - Bankservice AD
- Mastercard International
- VISA International
First Investment Bank is a participant in payment systems and agent of other payment service providers, as follows:
- Bank Integrated System for Electronic Transactions (BISERA)
- Real-Time Gross Settlement System (RINGS)
- Single Euro Payments Area (SEPA)
- Trans-European Automated Real-Time Gross Settlement Express Transfer System (TARGET2)
- Bank Organization for servicing Payments by Bank Cards (BORICA)
- Money Gram Agent
- Express-M Agent
- EasyPay Agent
- Market Position
First Investment Bank is:
- Among the leading banks in the cards business
- Among the leading banks in international settlements and trade financing
- Third in deposits of individuals and households
- Fourth in assets
- Second in corporate lending
- 8.60% of banks’ assets in Bulgaria
- 12.20% of corporate lending
- 6.90% of mortgage lending
- 11.70% of deposits from individuals
Note: The market positions and shares are based on unconsolidated data by the BNB as of September 2019.
Fibank has successfully passed the Asset Quality Review and the Stress Test.
The international rating agency Fitch has affirmed the Bank's ratings with Stable outlook.
In accordance with the Plan approved by the European Commission, Fibank (First Investment Bank) has repaid the state aid of BGN 1.2 billion received in June 2014.
Fibank signed a new BGN 20 million agreement with the National Guarantee Fund for a portfolio guarantee scheme to provide financing for the Bulgarian SMEs.