On January 1, 2026, the Republic of Bulgaria will join the eurozone and become the 21st Member State of the European Union to adopt the euro as its official currency.
The other Member States of the eurozone are: Austria, Belgium, Germany, Greece, Estonia, Ireland, Spain, Italy, Cyprus, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Portugal, Slovakia, Slovenia, Finland, France, and Croatia.
The date of introduction of the euro has been determined by a Decision of the Council of the European Union, in accordance with Article 140(2) of the Treaty on the Functioning of the European Union.
The introduction of the euro will be performed at the official exchange rate of BGN 1.95583 to EUR 1, which is the irrevocably fixed exchange rate of BGN to EUR, as set down in a Regulation of the Council of the European Union adopted in accordance with Article 140(3) of the Treaty on the Functioning of the European Union. One euro is made up of one hundred cents.
To ensure that customers of First Investment Bank AD (Fibank, the Bank) are well informed, below is an overview of the key points and information related to the introduction of the euro, from the perspective of the products and services offered by the Bank.