Postbank Celebrates 30 Years of Successful Presence in Bulgaria “Together, We Shape the Future”

Postbank, a subsidiary of Eurobank Group, has completed 30 years of successful presence in the Bulgarian market. On this occasion, a special event with the message “Together, we shape the future” was organized at the Grand Hotel Millennium in Sofia, on Tuesday, 18 October 2022. The President of the Republic of Bulgaria, Mr. Rumen Radev and the Ambassador of Greece to Bulgaria, Mr. Dimitrios Chronopoulos, who delivered a welcome speech, honored the event with their presence.

CEO and Chairperson of Postbank’s Management Board, Mrs. Petia Dimitrova, in her opening statement welcomed Mr. Fokion Karavias, CEO of Eurobank, who gave a speech, Mr. Stavros Ioannou, Deputy CEO of the Bank and Mr. Michalis Louis, Head of International Activities General Division & Group Private Banking.

In his speech to the guests, President Mr. Rumen Radev, emphasized the Bank’s establishment over the years among the leaders in its sector. He added that this became possible thanks to the visionary view of the management and personally of Petia Dimitrova, as well as the cohesive team, which have brought the financial institution to leading positions in banking and in offering innovative products. The president also noted that this year he presented the “Bank of the Year” prize, precisely to Petia Dimitrova. Mr. Rumen Radev drew attention to the social-responsible activities of Postbank, as well as to its partnership with leading universities around the world and analytical centers, and added that “it not only captures the trends that are developing in the banking sector, business and technology, but also managed to very quickly introduce them into its activity in Bulgaria”. Mr. Rumen Radev wished Postbank team and management to stay close to their customers and partners and to continue confidently and innovatively looking into the future.

“With the development of Postbank into a systemic bank for the Bulgarian market, Greek entrepreneurs have found a stable and staunch supporter in their investment plans, whereas the Bulgarian citizens have found a reliable and trusted partner to deposit their savings and manage their financial transactions. With an established position in the Bulgarian market Postbank has become a pioneer, investing in innovation, new technologies and a green future in line with its ESG Strategy”, stated in his congratulatory speech Mr. Dimitrios Chronopoulos, Ambassador Extraordinary and Plenipotentiary of the Hellenic Republic to Bulgaria.

CEO of Eurobank, Mr. Fokion Karavias, stated: “We take pride in Postbank’s achievements during these 30 years. Steadily expanding, today it enjoys its leading position in the Bulgarian market, thanks to the trust of its clients, the Bulgarian society and of course the energy, creativity, and commitment of Postbank’s people whom we deeply thank. Eurobank, an international banking group and the only European one that came in this country in the 90’s, is fully committed in its investment in Postbank. We will remain open to market opportunities to further grow in this promising economy if and when they arise“.

“For these three decades, we have proven ourselves as one of the most successful systemic banks in Bulgaria and have strengthened our reputation as a trusted partner, a preferred employer and a socially responsible company. Moreover, we have established ourselves as an institution that clients trust and that offers them tailor-made solutions for their tomorrow. Our efforts to help business and society are logically reflected in our market share and our positioning as a top bank on the Bulgarian market with impressive financial results. They are like that because we achieved them together, thanks to the motivated and cohesive team of Postbank, the constant support of Eurobank Group and the shareholders, and the established sustainable relations with you – our partners and customers, with whom we create the future together”, stated in her official address Mrs. Petia Dimitrova, Chairperson of the Management Board & CEO of Postbank.

The celebration gathered together more than 300 business leaders, industry owners, influential public figures, partners and clients of the financial institution.

Postbank is the fourth biggest bank in Bulgaria in terms of assets, having a broad branch network across the country and a considerable client base of individuals, companies and institutions. In June 2022, Bulgarian Credit Rating Agency (BCRA) confirmed Postbank’s BBB long-term rating, with stable outlook. Postbank completed in a few years two successful deals, acquiring and integrating for a record time first Alpha Bank – a branch of Bulgaria, and then Piraeus Bank Bulgaria. They are another step to strengthen its position as a systemic bank on the market and to expand its customer base.