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First Investment Bank

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First Investment Bank
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First Investment Bank or Fibank (Bulgarian: Първа инвестиционна банка, Parva investitsionna banka), founded on 8 October 1993, is currently (Q4 2024) the fifth largest bank in Bulgaria, both in terms of total assets (€8 billion euros) and market share (8.2%). The bank is the mother bank of a financial group on the Balkans - it has a branch in Albania with 10 offices, one in Cyprus, as well as a subsidiary bank in North Macedonia (Bulgarian: УНИБанка, UNIBank). First Investment Bank also controls CaSys International - an international card operator based in Skopje, North Macedonia.

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In Bulgaria, it has 21 branches and 68 offices throughout the country. Its clients include 380,000 individuals and 21,000 corporate bodies.

The main shareholders in the bank as of June 2025 are Tseko Minev and Ivaylo Mutafchiev, who each own 31.36% of the bank's share capital, the Bulgarian Development Bank with 18.35% and the Valea Foundation with 7.87% of the capital.[2]

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