Central Cooperative Bank AD
BBSEBG:CCB1.90
EUR
0.00
(0.00%)
ISIN
BG1100014973
Return %
Stock
S&P 500
1Y
118.59
14.20
3Y
146.10
81.12
5Y
271.61
68.34
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.Company Description
- CEO
- Tzvetan Tzankov Botev
- Full Time Employees
- 1,767
- Sector
- Finance
- Industry
- Regional banks
- Address
- Sofia Bulgaria
- IPO Date
- Mar 4, 1999
- Website
- ccbank.bg
- Similar Companies
- Business
- Central Cooperative Bank AD is a Bulgaria-based universal commercial bank that provides a comprehensive range of retail, corporate, and investment banking products and services to individual consumers, microenterprises, small and medium-sized enterprises, agricultural producers, and large corporate entities. The bank structures its operations through core business divisions comprising Retail Banking, Corporate Banking, and Treasury and Investment Services. Its retail banking offerings include current, savings, and fixed-term deposit accounts in domestic and foreign currencies; consumer loans, residential mortgage facilities, and overdraft lines; international debit and credit cards issued under the Visa and Mastercard payment networks; domestic and cross-border payment processing, including SEPA transfers and BLINK instant payments; Western Union money transfer capabilities; safe deposit vault rentals; and multi-channel digital banking via the CCB Online portal and CCB Mobile application supporting Apple Pay and Google Pay digital wallets. Its corporate banking portfolio encompasses working capital facilities, investment and equipment loans, seasonal agricultural credit lines, project and syndicated financing, bank guarantees, letters of credit, trade finance solutions, merchant POS acquiring, cash management, and automated corporate payroll administration. Additionally, Central Cooperative Bank AD operates as a licensed investment intermediary and primary dealer in government securities, offering equity and fixed-income brokerage, initial public offering underwriting, securities safekeeping, asset administration, and foreign exchange hedging. Through intra-group bancassurance partnerships, the bank distributes non-life insurance policies via Armeec Insurance JSC, life insurance plans via CCB Life Insurance, and supplementary pension plans through CCB Sila Pension Fund. Founded on March 28, 1991, Central Cooperative Bank AD is headquartered in Sofia, Bulgaria, and maintains an extensive nationwide network of over 250 branch offices, as well as an international banking branch in Nicosia, Cyprus. The bank extends its regional presence in Southeastern Europe through its majority-owned subsidiary, Centralna Kooperativna Banka AD Skopje, operating in North Macedonia. Publicly traded on the Bulgarian Stock Exchange under the ticker symbol CCB, the bank is a flagship financial asset of the industrial and financial holding conglomerate Chimimport AD, which maintains control primarily through its parent subsidiary CCB Group EAD. In recent developments, Central Cooperative Bank AD has expanded its balance sheet with total assets surpassing 9.0 billion BGN and annual net profits rising to 95.1 million BGN, consolidating its position among Bulgaria's top financial institutions. The bank has substantially accelerated its operational and technical infrastructure modernization to facilitate Bulgaria's accession to the Eurozone, implementing dual-currency price displays and automated conversion protocols across banking accounts, point-of-sale terminals, and digital applications from August 2025 through August 2026. Concurrently, the institution has advanced its digital transformation strategy by executing regular infrastructure upgrades to its core banking platform, enhancing biometric security and transaction speed on CCB Mobile, expanding integrated digital wallet capabilities, and restructuring merchant partnerships within its proprietary CCB Club customer loyalty network.