By Helgi Library - March 7, 2018
Corporate Commercial Bank made a net profit of BGN -4,269 mil under revenues of BGN 91.4 mil in 2014, up -6136% and -50.6% respective...
By Helgi Library - February 23, 2018
Corporate Commercial Bank's net interest margin amounted to 1.83% in 2014, up from 1.43% compared to the previous year. Hi...
By Helgi Library - November 29, 2018
Corporate Commercial Bank generated total banking revenues of BGN 91.4 mil in 2014, down 50.6% compared to the previous year. ...
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By Helgi Library - September 3, 2018
Corporate Commercial Bank's customer loans reached BGN 725 mil in 2014, down 84.3% compared to the previous year. Bulgarian banking sector provided customer loans of BGN 51.5 bil in 2014, down 7.70% when compared to the last year. Corporate Commercial Ban...
By Helgi Library - September 3, 2018
Corporate Commercial Bank's customer deposits reached BGN 1,268 mil in 2014, down 76.8% compared to the previous year. Bulgarian banking sector accepted customer deposits of BGN 64.2 bil in 2014, up 2.12% when compared to the last year. Corporate Commerci...
By Helgi Library - September 2, 2018
Corporate Commercial Bank's customer loan growth reached -84.3% in 2014, down from 25.4% compared to the previous year. Historically, the bank’s loans growth reached an all time high of 97.3% in 2007 and an all time low of -84.3% in 2014. In the last deca...
By Helgi Library - March 7, 2018
Corporate Commercial Bank generated total banking revenues of BGN 91.4 mil in 2014, down 50.6% 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 185 mil in ...
By Helgi Library - November 29, 2018
Corporate Commercial Bank's retail deposits reached BGN 4,002 mil in 2013, up 52.0% compared to the previous year. Bulgarian banking sector accepted retail deposits of BGN 37.7 bil in 2013, up 9.27% when compared to the last year. Corporate Commercial Ban...
By Helgi Library - February 22, 2018
Corporate Commercial Bank employed 1,029 persons in 2013, up 9.00% when compared to the previous year. Historically, the bank's workforce hit an all time high of 1,029 persons in 2013 and an all time low of 167 in 2003. Average cost reached USD 1,326 per month pe...
By Helgi Library - December 12, 2019
Corporate Commercial Bank's corporate loans reached BGN 4,654 mil in 2013, up 26.2% compared to the previous year. Bulgarian banking sector provided corporate loans of BGN 35.1 bil in 2013, up 0.078% when compared to the last year. Corporate Commercial Ba...
By Helgi Library - February 22, 2018
Corporate Commercial Bank's non-performing loans reached 1.28% of total loans at the end of 2013, up from 0.560% compared to the previous year. Historically, the NPL ratio hit an all time high of 1.28% in 2013 and an all time low of 0.183% in 2010. Provisio...
By Helgi Library - February 22, 2018
Corporate Commercial Bank stock traded at EUR 82.0 per share at the end 2013 implying a market capitalization of USD 379 mil. Since the end of 2008, the stock has appreciated by 26.2 % implying an annual average growth of 4.76 %. In absolute terms, the value of the co...
By Helgi Library - May 4, 2018
Corporate Commercial Bank's capital adequacy ratio reached 12.6% at the end of 2013, down from 13.4% compared to the previous year. Historically, the bank’s capital ratio hit an all time high of 14.0% in 2009 and an all time low of 12.1% in 2011. The Tier 1 r...
Corporate Commercial Bank AD Sofia (Korporativna Targovska Banka AD Sofia) 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. In addition to providing mainstream banking products, the Group undertakes insurance activities, stock brokerage, investment in mutual funds, leasing services, real estate investment management and financial advice, amongst others. At the end of 2013, the Bank operated 25 branches and employed over 1,000 persons in Bulgaria. Following a bank run in June 2014, however, the Bank suspended its operations and was taken over by the Central Bank.
Corporate Commercial Bank has been growing its revenues and asset by -8.46% and -23.2% a year on average in the last 3 years. Its loans and deposits have grown by -34.9% and -27.9% a year during that time and loans to deposits ratio reached 57.2% at the end of 2014. The company achieved an average return on equity of 98.4% in the last three years with net profit growing % a year on average. In terms of operating efficiency, its cost to income ratio reached 157% in 2014, compared to 79.3% average in the last three years.
Equity represented -206% of total assets or -522% of loans at the end of 2014. Corporate Commercial Bank's non-performing loans were of total loans while provisions covered some of NPLs at the end of 2014.
Corporate Commercial Bank stock traded at per share at the end of 2014 resulting in a market capitalization of . Over the previous five years, stock price rose by 0% or 0% a year on average. That’s compared to an average ROE of 67.4% the bank generated for its shareholders. This closing price put stock at a 12-month trailing price to earnings (PE) of x and price to book value (PBV) of x in 2014.
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