Corporate Commercial Bank
The Korporatiwna Trgowska Banka AD ( Bulgarian Корпоративна търговска банка АД ) is a Bulgarian bank. Since 2007 she is a public company whose shares on the Bulgarian Stock Exchange ( Bulg short БФБ ) - Sofia traded.
The Bank is primarily aimed at the corporate banking. Since 2009 she is member of the Bulgarian network of the Global Treaty, which the United Nations Organization and is actively involved in the implementation of its principles.
Shareholders
In 2009, 30 % of their capital was acquired by a subsidiary of the State Fund of the Sultanate of Oman, the "Bulgarian Acquisition Company II, Luxembourg ". 2010 acquired a subsidiary of " Generali " group, the " Fata Asicurazioni Danni SpA и Fata Vita SpA " minority interests of Corporate Commercial Bank AD.
2013 9.9% of the shares in the Russian company "VTB Capital" were acquired.
Market shares
According to the Narodna Banka Balgarska adopted in June 2013, the Korporatiwna Trgowska Banka compared to other banks in Bulgaria ranked fifth in terms of the amount of the active one.
Since the end of November 2013, the Bank was able to fourth place, rise in the amount of active banks in Bulgaria. The Korporatiwna Trgowska Banka carries the third rank in the profits generated and the first rank in the increase in deposits.
Beginning of 2014, the Bank signed an agreement with the French Credit Agricole SA for the acquisition of 100% of the shares of its Bulgarian subsidiary Credit Agricole Bulgaria EAD. The acquisition is expected to be completed after obtaining the necessary approvals from the relevant regulatory authority in 2014.
Management
The management of the bank is implemented by the Executive Board, which is an inspection mandated by the Supervisory Board.
The members of the Supervisory Board of Korporatiwna Trgowska Banka (as of 2013):
- Tsvetan Vasilev - Chairman of the Supervisory Board
- Zlatozar Sourlekow - Member of the Supervisory Board
- Abdul Salam Mohammed Abdullah Al Murshidi - Member of the Supervisory Board
- Faisal Mohamed Al Riyami Amur - Member of the Supervisory Board
- Lyubomir Denev - Member of the Supervisory Board
The members of the Board of Korporatiwna Trgowska Banka (as of 2013):
- Orlin Rusev - Chairman of the Board, Managing Director
- Ilian Zafirov - Member of the Board, Managing Director
- Georgi Hristov - Member of the Board, Managing Director
- Alexander Pantaleev - Member of the Board, Managing Director
Corporate Social Responsibility
The Korporatiwna Trgowska Banka AD implements an active policy of corporate social responsibility. She is actively engaged in initiatives and projects in the field of education, health and science, sports, culture and other socially relevant topics. Among the initiatives include:
- Support of the twentieth and twenty-first expedition to the South Pole Bulgarian scientists, led by Hristo Pimpirev
- Initiative " Big Check " - regular award of all Bulgarian medalist of Olympic Games and World Championships and gold medal winners at European Championships
- Cooperation with the Bulgarian Dental Association
- Initiative " Wish Tree " in support of the children 's homes " Dragalewzi " in Sofia, " Hristo Raykov " in Gabrovo
- Donations Initiative "Bulgarian Christmas" - a non-profit action for the recovery of funds for the treatment of sick children
- Support the candidacy of the Bulgarian capital Sofia as " European Capital of Culture 2019 "
The Korporatiwna Trgowska Banka is a member of the Board of Trustees of " Atanas Burov " Foundation, which supports young talents in the field of economics.
Prizes and awards
The Korporatiwna Trgowska Banka received various awards and honors:
- Price "Banker of the Year" in 2013, the weekly journal " banker " for the Chairman Tsvetan Vasilev for effective corporate policy and sustainable market presence
- "Golden martenitsas " from " Made in Bulgaria - Union for small and medium-sized enterprises " in the category " financial institution with the best credit policy "
- Five -time winner in the category " development momentum " in the price " Bank of the Year " ( 2001, 2002, 2010, 2011 and 2012 ( awarded a prize in 2013 ) )
- Winning the prize " bank with the most dynamic development in 2010" Forum " banks, investment and finance "
- Award as a " company with the best corporate governance in 2008," the Association of Investors in Bulgaria
Branch Network
2013 ordered the bank with offices in 32 cities in Bulgaria. Among the larger cities, where the supervised bank customers include Blagoevgrad, Burgas, Gabrovo, Haskovo, Pleven, Plovdiv, Ruse, Sofia, Stara Zagora and Varna.
Network of correspondents
The Korporatiwna Trgowska Banka AD maintains correspondent accounts in different currencies at banks Credit Suisse ( Zurich ), Commerzbank AG (Frankfurt am Main ), Raiffeisen Bank International AG (Vienna), Danske Bank A / S ( Copenhagen), Citibank NA (New York).
Headquarters
The corporate office of the bank is located in the Graf Ignatiev Street 10 in Sofia / Bulgaria. The building has an interesting history, as in the 19th century and early 20th century, the seat of the " Bulgarian Commercial Bank" - was then the largest bank with a local and private capital. Participated the most famous Bulgarian banker Atanas Burov, whose original office, visitors to the main branch of the Korporatiwna Trgowska Banka still can see in their governance. The architect who projected the house in 1921, Georgi Fingow, Dimo Nichev and Nicola Jurukov were the well-known architectural firms " Fingow, Nichev and Apostolov ." This house was built in baroque style, which was typical for 20th century architecture, designed. 1978, the building was declared a cultural monument of Bulgaria.
Attitudes & Altitudes
Since early 2012, the Korporatiwna Trgowska Banka published the bilingual " Attitudes & Altitudes - Three-month Economic Rundschau, the Korporatiwna Trgowska Banka ". Authors of this publication are graduates of the University of National and World Economy in the fields of " International Economic Relations " and " Finance". The magazine provides current information about the position of Bulgaria at the macro - economic level and shows basic trends in the short-to medium-term economic development. Each issue covers a particular economic sector with its current trends and challenges. The publication includes interviews with experts and executives from the presented sectors.