On June 25, 2026, the regular annual General Meeting of Shareholders of Fibank (First Investment Bank) was held at the Sofia Balkan Palace Hotel.
During the meeting, the bank's annual financial statements for 2025 were adopted on an individual and consolidated basis, as well as the report of the Management Board on the activities over the past year.
The bank's Chief Financial Officer, Mr. Yanko Karakolev, presented to the shareholders the financial results achieved over the past year. Fibank continued to strengthen its positions among leading banks in the country, with its assets reaching EUR 9.80 billion and net profit amounting to EUR 96.7 million. Customer deposits reached EUR 7.92 billion, with the bank also reporting a 24% growth in retail loans. Fibank's total capital adequacy at year-end was 21.19%, confirming the institution's sound capital position.
The shareholders decided that the bank would retain the entire profit for 2025, thereby continuing to strengthen its capital base and support its sustainable development. Earlier in the year, Fibank successfully placed two bond issues on the international markets for a total amount of EUR 310 million. The placements include a EUR 250 million bond issue designed to meet the Minimum Requirement for Own Funds and Eligible Liabilities (MREL) and an additional EUR 60 million issue structured as a hybrid capital instrument.
The General Meeting appointed Ecovis Audit Bulgaria OOD and Forvis Mazars OOD as the bank's registered auditors for 2026, and Forvis Mazars OOD was also elected as the auditor to perform the mandatory sustainability assurance engagement for the reporting year 2026.
The shareholders re-elected Evgeni Krastev Lukanov, Maya Lyubenova Georgieva, Jordan Velichkov Skortchev and Radka Veselinova Mineva, current members of the Supervisory Board, for a new five-year term starting from January 24, 2027.
Fibank continues to pursue its long-term strategy for stable growth, digital transformation, exceptional customer service, and sustainable development amidst the new economic environment following Bulgaria's accession to the Eurozone.