tbi bank with an Affirmed Investment Grade Credit Rating

tbi bank, a Southeastern Europe challenger bank, operating in Bulgaria, Romania, Greece, Germany and Lithuania, received an affirmation of its investment grade credit rating from the “BACR – Credit Rating Agency” (BCRA).

The BCRA affirmed tbi bank’s investment grade credit rating, which was assigned in 2022:

  • Long-term financial strength rating: BBB- ‘stable’ outlook and short-term rating A-3
  • Long-term national scale rating: A (BG) “stable” outlook and short-term national scale rating A-1 (BG)

By confirming the rating levels BCRA expressed its opinion in its report on the Bank’s strong financial performance, robust growth rates of attracted funds and assets, the maintained throughout the entire analyzed period high-profit margins, influencing distinctively high profitability and return indicators, as well as the maintained stable levels of capital adequacy and liquidity, while establishing tbi bank as one of the leading banks in terms of technology and innovation on the specialized segment of private individuals consumer finance.

“Receiving affirmation of our investment grade credit rating is a testament to our bank’s strong financial position and commitment to stability. It underscores our ability to navigate challenges and provide reliable financial solutions to our customers. We are proud of this assessment, which further solidifies our reputation as a trusted and reliable financial institution,” said Lukas Tursa, Executive Director.