By Helgi Library - September 3, 2018
D Commerce Bank made a net profit of BGN 11.5 mil under revenues of BGN 36.8 mil in 2017, up 1471% and -10.3% respectively compared t...
By Helgi Library - September 23, 2018
D Commerce Bank's mortgage loans reached BGN 28.3 mil in 2017, up 36.2% compared to the previous year. Bulgarian banking sector...
By Helgi Library - September 23, 2018
D Commerce Bank's non-performing loans reached 9.03% of total loans at the end of 2017, down from 11.6% compared to the previous ...
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By Helgi Library - September 23, 2018
D Commerce Bank employed 450 persons in 2017, up 3.45% when compared to the previous year. Historically, the bank's workforce hit an all time high of 450 persons in 2017 and an all time low of 86.0 in 2006. Average cost reached USD 1,193 per month per employee, ...
By Helgi Library - September 20, 2018
D Commerce Bank generated total banking revenues of BGN 36.8 mil in 2017, down 10.3% compared to the previous year. Bulgarian banking sector banking sector generated total revenues of BGN 3,870 mil in 2017, down 4.62% when compared to the last year. ...
By Helgi Library - September 2, 2018
D Commerce Bank's customer loans reached BGN 387 mil in 2017, up 8.06% compared to the previous year. Bulgarian banking sector provided customer loans of BGN 59.7 bil in 2017, up 6.73% when compared to the last year. D Commerce Bank accounted for 0.649% o...
By Helgi Library - September 2, 2018
D Commerce Bank's customer deposits reached BGN 636 mil in 2017, up 2.53% compared to the previous year. Bulgarian banking sector accepted customer deposits of BGN 76.5 bil in 2017, up 5.94% when compared to the last year. D Commerce Bank accounted for 0....
By Helgi Library - September 23, 2018
D Commerce Bank's retail deposits reached BGN 329 mil in 2017, up 12.6% compared to the previous year. Bulgarian banking sector accepted retail deposits of BGN 47.8 bil in 2017, up 5.40% when compared to the last year. D Commerce Bank accounted for 0.687%...
By Helgi Library - September 23, 2018
D Commerce Bank's consumer loans reached BGN 32.5 mil in 2017, up 14.9% compared to the previous year. Bulgarian banking sector provided consumer loans of BGN 10.2 bil in 2017, up 4.82% when compared to the last year. D Commerce Bank accounted for 0.310% ...
By Helgi Library - September 3, 2018
D Commerce Bank's net interest margin amounted to 2.76% in 2017, down from 3.04% compared to the previous year. Historically, the bank’s net interest margin reached an all time high of 5.78% in 2008 and an all time low of 2.14% in 2012. The average marg...
By Helgi Library - September 23, 2018
D Commerce Bank's capital adequacy ratio reached 19.6% at the end of 2017, up from 19.1% compared to the previous year. Historically, the bank’s capital ratio hit an all time high of 26.8% in 2006 and an all time low of 13.3% in 2012. The Tier 1 ratio amounte...
By Helgi Library - September 23, 2018
D Commerce Bank employed 450 persons in 2017, up 3.45% compared to the previous year. Historically, the bank's workforce hit an all time high of 450 persons in 2017 and an all time low of 299 in 2010. The bank operated a network of 50.0 branches and 70.0 A...
By Helgi Library - September 3, 2018
D Commerce Bank generated total banking revenues of BGN 36.8 mil in 2017, down 10.3% compared to the previous year. Historically, the bank’s revenues containing of interest, fee and other non-interest income reached an all time high of BGN 41.0 mil in 2016 and ...
D Commerce Bank AD is a Bulgaria-based commercial bank. The Bank offers a wide range of banking and other financial services to commercial and private banking clients. Its products include loans, current and saving accounts, and deposits amongst others. Bank's main priority is to support the export activities and to increase the trade turnover of Bulgaria with Turkey by financing local manufacturing, finding buyers and attracting investors for increasing the volumes and the quality of products. At the end of 2013, the Bank operated 60 branches and 70 ATMs and employed nearly 400 persons in Bulgaria. The Bank was acquired by Mr. Fuat Güven in 2006. Following a share capital increase in April 2014, Fortera Ltd. owns over 33% of the Bank.
D Commerce Bank has been growing its revenues and asset by 10.3% and 0.306% a year on average in the last 5 years. Its loans and deposits have grown by 3.20% and 0.757% a year during that time and loans to deposits ratio reached 60.9% at the end of 2017. The company achieved an average return on equity of 2.82% in the last five years with net profit growing 44.0% a year on average. In terms of operating efficiency, its cost to income ratio reached 63.3% in 2017, compared to 64.6% average in the last five years.
Equity represented 13.7% of total assets or 26.7% of loans at the end of 2017. D Commerce Bank's non-performing loans were 9.03% of total loans while provisions covered some 101% of NPLs at the end of 2017.
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