Postbank, legally known as Eurobank Bulgaria, is a leading universal bank in Bulgaria, offering a full range of banking services: various types of accounts and deposits; consumer loans; mortgage loans; special products for financing small enterprises and entrepreneurs; corporate credits; mutual funds; investments and cash management; foreign exchange transactions; credit and debit cards; bank guarantees and letters of credit; securities trading and trade finance activities.
The bank commands a market share of nearly 10%, a workforce of over 2 700 employees and a branch network of almost 200 locations countrywide.
Postbank is a member of Eurobank Group. Eurobank is a European banking organization with total assets of € 67.7 bn (as at 31.12.2012), offering universal banking across eight countries. Eurobank has a dynamic presence in Greece and holds lead positions in Bulgaria, Romania and Serbia, offers discerning Wealth Management services in Cyprus, Luxembourg and London and is also present in the Ukraine.
Eurobank Group (with former name Eurobank EFG Group) started to operate on the Bulgarian market through its subsidiary, Postbank, in 1998, and in the next years incorporated the following legal entities Bulgarian Retail Services AD, EFG Leasing EAD, EFG Auto Leasing EOOD, EFG Property Services Sofia AD, Eurobank EFG Factors SA – Branch Bulgaria, IMO Property Investments Sofia EAD, IMO Central Office EAD, IMO Rila EAD and IMO 03 EAD.
In December 2006 Eurobank EFG acquired control of another bank in Bulgaria, DZI Bank. Postbank and DZI Bank merged in November 2007 under the brand of Postbank and the legal name Eurobank EFG Bulgaria AD, thus creating one of the leading banking institutions in the country.
Having a banking history of over 20 successful years Postbank ranks among the leading universal banks in Bulgaria. Total assets of the Bank reached 5 991 million BGN as of 31 December 2011. In the beginning of 2011 the Bulgarian Credit Rating Agency has assigned a long-term rating of ВВВ to Postbank with a stable outlook and a short-term rating of А-2.