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Nikola Bakalov: Digitalization and accession of Bulgaria to the Eurozone will be the leading topics in 2020

Anton Petrov - Head, International Legal Relations Team - with prestigious international distinction from The Legal 500

Fibank launched the first open banking platform in Bulgaria fully compliant with the PSD2 Directive

The customers of First Investment Bank will be the first to benefit from the advantages of open banking, developed in compliance with the Payment services (PSD2) Directive which came into force in September 2019. Users may now add their accounts in other banks to the My Fibank mobile app. Through My Fibank for Android OS, ...

Apple Pay Coming to Fibank’s Customers

Fibank is the first bank in Bulgaria enabling its customers to make payments using Apple Wallet Sofia, November 5, 2019 Fibank (First Investment Bank), in cooperation with Mastercard, has launched the Apple Pay service. It allows any Fibank customer having a Mastercard debit or credit card to add it to the Apple Wallet and transform ...

Fibank joined the SWIFT Global Payment Initiative for fast and transparent international payments

The bank is the first in Bulgaria to offer its customers the innovative SWIFT gpi service In today's fast-paced digital world, users are demanding the ever faster and more secure services that evolve with the advancement of technology. Always customer-oriented and a leader in innovation, Fibank (First Investment Bank) has joined SWIFT ...

Fibank, Mastercard and Garmin launch an innovation in payments

The new Garmin Pay service will allow Fibank customers to make payments using their Garmin watches The long-awaited launch took place of the innovative Garmin Pay watch payment project, carried out in partnership between Fibank (First Investment Bank), Mastercard and Garmin. Garmin Pay will allow Fibank customers to digitize their ...

Fibank passed the asset quality review and the stress test

On 26 July 2019, the European Central Bank (ECB) published the results of the comprehensive assessment for 2018, in which six Bulgarian banks participated. The asset quality review was ECB-led and supervised, carried out by Ernst & Young, with the cooperation of Fibank. The asset quality review (AQR) and the stress test represent ...

Fibank is a favourite brand among banks in Bulgaria

Fibank (First Investment Bank) won the Financial Institutions category of the only consumer ranking in Bulgaria, MY LOVE BRANDS. More than 40,000 consumers supported their favorite brands, with Fibank becoming a winner for the fourth time since the beginning of the ranking. The competition was held for the eleventh consecutive year by ...

Fibank held its general meeting of shareholders

On June 19, 2019, in Sofia Hotel Balkan, the Annual General Meeting of Shareholders of Fibank (First Investment Bank) was held. The meeting was attended by Mr. Nedelcho Nedelchev, CEO of the bank, Executive Directors Mr. Svetozar Popov, Mrs. Sevdalina Vassileva, Mr. Chavdar Zlatev, and Mr. Jivko Todorov, CFO. The management of Fibank ...

Fibank reports the highest return on equity for 2018

At the end of December 2018, the banking system's assets amounted to BGN 105.6 billion, marking a growth of BGN 7.7 billion (7.3%) year on year and of BGN 2.4 billion (2.3%) for the last quarter alone. Fibank's assets reached BGN 9.3 billion, an increase of BGN 669 million or 7.7% compared to previous year. Such tendency over the period ...

The Digital Society Bank

Ivailo Alexandrov joined Fibank (First Investment Bank) in 2011. He has a bachelor’s degree in Public Relations and a master’s degree in Public Communications from St. Kliment Ohridski University in Sofia, Bulgaria. He took postgraduate studies at the London School of Public Relations and the Sophia Antipolis University in ...

Fibank Is the Only Bank in Bulgaria to Offer ATMs for People with Short Stature

“The first center for integration of the people with short stature of Bulgaria is preparing to open doors, and part of its team has already begun to travel around the country and offer support”, says Mr. Svetoslav Chernev, Chairman of the National Organization "Little People of Bulgaria". In April 2018, the Sofia City ...

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