By Helgi Library - September 20, 2018
Societe Generale Expressbank's mortgage loans reached BGN 520 mil in 2017, up 13.2% compared to the previous year. Bulgarian ba...
By Helgi Library - September 2, 2018
Societe Generale Expressbank made a net profit of BGN 109 mil under revenues of BGN 265 mil in 2017, up 18.3% and 8.63% respectively ...
By Helgi Library - September 20, 2018
Societe Generale Expressbank generated total banking revenues of BGN 265 mil in 2017, up 8.63% compared to the previous year. ...
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By Helgi Library - September 2, 2018
Societe Generale Expressbank's customer loans reached BGN 4,316 mil in 2017, up 8.68% 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. Societe Generale Expres...
By Helgi Library - September 2, 2018
Societe Generale Expressbank's customer deposits reached BGN 5,219 mil in 2017, up 8.34% 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. Societe Generale ...
By Helgi Library - September 24, 2018
Societe Generale Expressbank has issued total of 426 '000 payment cards at the end of 2017, up 6.77% compared to the previous year. Bulgarian banking sector banking sector issued total of 7,532 thous. of bank cards in 2017, down 2.15% when compare...
By Helgi Library - September 20, 2018
Societe Generale Expressbank's retail deposits reached BGN 3,295 mil in 2017, up 6.19% 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. Societe Generale Expr...
By Helgi Library - September 2, 2018
Societe Generale Expressbank's non-performing loans reached 10.9% of total loans at the end of 2017, up from 10.1% compared to the previous year. Historically, the NPL ratio hit an all time high of 13.0% in 2013 and an all time low of 1.10% in 2006. Provisi...
By Helgi Library - September 2, 2018
Societe Generale Expressbank's net interest margin amounted to 2.66% in 2017, down from 2.77% compared to the previous year. Historically, the bank’s net interest margin reached an all time high of 5.65% in 2006 and an all time low of 2.66% in 2017. The...
By Helgi Library - September 20, 2018
Societe Generale Expressbank's corporate deposits reached BGN 1,924 mil in 2017, up 12.2% compared to the previous year. Bulgarian banking sector accepted corporate deposits of BGN 22.0 bil in 2017, up 13.8% when compared to the last year. Societe General...
By Helgi Library - September 20, 2018
Societe Generale Expressbank's consumer loans reached BGN 1,018 mil in 2017, up 8.01% 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. Societe Generale Expres...
By Helgi Library - September 2, 2018
Societe Generale Expressbank's capital adequacy ratio reached 15.4% at the end of 2017, up from 15.0% compared to the previous year. Historically, the bank’s capital ratio hit an all time high of 15.6% in 2006 and an all time low of 11.5% in 2012. The Tier 1 ...
By Helgi Library - September 2, 2018
Societe Generale Expressbank's cost to income ratio reached 41.7% in 2017, down from 43.9% compared to the previous year. Historically, the bank’s costs reached an all time high of 59.6% of income in 2008 and an all time low of 41.7% in 2017. When compared...
Societe Generale Expressbank AD is a Bulgaria-based commercial bank. The Group is composed by the bank Societe Generale Expressbank and its subsidiary companies – Sogelease Bulgaria, Societe Generale Factoring and its associate life insurance company Sogelife Bulgaria. 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. At the end of 2013, the Bank operated 149 branches and employed over 1,600 persons in Bulgaria. Societe Generale Expressbank AD is headquartered in Varna, Bulgaria. The Bank is a subsidiary of Societe Generale Paris
Societe Generale Expressbank has been growing its revenues and asset by 9.96% and 14.0% a year on average in the last 10 years. Its loans and deposits have grown by 12.2% and 16.4% a year during that time and loans to deposits ratio reached 82.7% at the end of 2017. The company achieved an average return on equity of 11.0% in the last decade with net profit growing 12.9% a year on average. In terms of operating efficiency, its cost to income ratio reached 41.7% in 2017, compared to 52.0% average in the last decade.
Equity represented 11.3% of total assets or 18.3% of loans at the end of 2017. Societe Generale Expressbank's non-performing loans were 10.9% of total loans while provisions covered some 51.9% of NPLs at the end of 2017.
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