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Expressbank AD (formerly known as Societe Generale Expressbank AD)

Summary

Company ID (NIN)

813071350

Company owner / manager

  • DSK Bank EAD
  • Others

Country

Bulgaria

Capital

33,674,000

Total assets

6,429,310,000

Net profit for the period

109,913,000

Report year

2018

Currency

BGN

Industry

Banking

General information

About Expressbank AD (formerly known as Societe Generale Expressbank AD)

Expressbank AD is a Bulgarian universal commercial bank. The Bulgarian National Bank ranked it seventh in the country in terms of total assets as of Mar 31, 2018.


Last updated on June 13, 2019.

Meta info
Status
Active
Legal form
Joint Stock Company
Incorporation date
June 1, 1993
NIN
813071350
Tickers
Stock Exchange
ISIN
Profile last updated
June 13, 2019, 8:43 a.m.
Alternative names

    Expressbank JSC
    Societe Generale Expressbank JSC
    SG Expressbank
    Expressbank
    SG Ekspresbank

History

    June 1993 - Expressbank AD is set up in coastal Varna, northeastern Bulgaria, through the merger of 12 local banks.

    June 4, 1993 - The bank receives a full banking licence, issued by the Bulgarian National Bank.

    Sept 29, 1999 - State-run Bank Consolidation Company AD sells its 93% stake in Expressbank AD to French banking group Societe Generale SA.

    Dec 14, 1999 - Societe Generale SA renames the bank to SG Expressbank AD.

    2005 - SG Expressbank AD establishes its local leasing subsidiary Sogelease Bulgaria EOOD.

    July 29, 2005 - The bank renames to Societe Generale Expressbank AD from SG Expressbank AD.

    May 2007 - Societe Generale Expressbank AD and French insurance company Sogecap SA set up Bulgaria's life insurance company Sogelife Bulgaria AD, in which the bank holds a 49% stake.

    December 2008 - Societe Generale Expressbank AD sets up Bulgarian factoring subsidiary Societe Generale Factoring EOOD.

    2011 - Societe Generale Expressbank AD establishes its local subsidiary Regional Urban Development Fund AD, in which the bank holds a 52%.

    2014 - The bank establishes a leasing subsidiary, ALD Automotive OOD, in Bulgaria.

    Aug 1, 2018 - Local DSK Bank EAD signs a contract with France-based Societe Generale SA to acquire a 99.74% stake in Societe Generale Expressbank AD. The acquisition is subject to regulatory approval and will be completed in Q4 2018.

    Jan 15, 2019 - Local DSK Bank EAD acquires a 99.74% stake in local bank Societe Generale Expressbank AD from France-based Societe Generale SA. Both banks will operate as separate legal entities until the end of 2020.

    Jan 28, 2019 - The bank renames to Expressbank AD from Societe Generale Expressbank AD.


    Last updated on June 13, 2019.

Management

Board of Directors and Executives
Slaveyko Liubomirov Slaveykov
Member of the Board
Daniela Dimitrova Hristova
Member of the Board
Damyan Evgeniev Medarov
Member of the Board
Doroteya Nikolaeva Nikolova
Chairman of the Board and CEO
Willy-Pierre Abbal
Executive Officer
Erik Haushild
Executive Officer
Martina Angelova Macheva
Executive Officer
Supervisory Board
Laslo Benchik
Member of the Board
Gabor Kolich
Chairman of the Board
Andrash Nemet
Member of the Board
Peter Yanosh Beshe
Member of the Board
Kristian Shelmetsi
Member of the Board
Plamen Blagoev Iliev
Member of the Board
Boyan Filipov Stefov
Member of the Board

Contacts

Address
92, Vladislav Varnenchik Blvd.
9000
Varna, Bulgaria
Telephones

+359 800 18 888
+359 52 686 101
+359 2 937 04 70
+359 2 937 04 71
+359 800 19 333
+359 52 602 833

Fax

+359 52 601 681

Emails

sgeb.office@socgen.com
sgeb.contact@socgen.com
sgeb.cardsupport@socgen.com

Websites
www.sgeb.bg

Ownership

Name Direct holding Indirect holding Owner type Country
DSK Bank EAD 99.74 Company Bulgaria
Others 0.26 Other

Subsidiaries and affiliates

Name Direct holding Indirect holding Country
Societe Generale Factoring EOOD 100.0 Bulgaria
Sogelease Bulgaria EOOD 100.0 Bulgaria
Sogelife Bulgaria AD 41.55 Bulgaria
Regional Urban Development Fund AD 52.0 Bulgaria
ALD Automotive OOD 49.0 Bulgaria

Products and services

Expressbank AD provides services to:

  • Individual clients:
    • Loans, including consumer, mortgage and energy efficiency loans, as well as overdrafts;
    • Credit and debit cards;
    • Deposits;
    • Current and saving accounts;
    • Money transfers;
    • Currency exchange;
    • Online banking;
    • Utility bill payment services;
    • Investment schemes;
    • Mobile consultancy and banking services;
    • Collection services;
    • Personal safes and safety deposit boxes.
  • Companies:
    • Loans, including investment and working capital loans, capital and money market financing and financing under EU programmes;
    • Deposits;
    • Debit and credit cards;
    • Current and saving accounts;
    • Money transfer;
    • Documentary services;
    • Online banking;
    • Investment schemes;
    • Mobile consultancy and banking services.
  • Institutional clients:
    • Financing to municipalities;
    • Financing to EU programmes and projects;
    • Accounts;
    • Online banking.
  • Financial companies.

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and 4,000+
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