DSK Bank (Bulgarian: Банка ДСК, Banka DSK; formerly Държавна спестовна каса, Darzhavna spestovna kasa — State Savings Bank) is a major Bulgarianbank. It has been owned by the HungarianOTP Bank since 2003, being transformed into a joint-stock company in 1999, and was founded in 1951 as the country's savings bank.
The Bank was established under the name of the State Savings Bank (DSK) in 1951 by a decision of the Council of Ministers of the then People's Republic of Bulgaria. It included the State Savings Bank and the nationalised cooperative popular banks and agricultural credit cooperatives. It received exclusive rights to receive deposits from private individuals in the country. Initially, they were used exclusively for lending to the state, and from the mid-1960s the bank was given the opportunity to provide consumer loans and housing loans to private individuals. Until 1971, it was headed by the Ministry of Finance, and then by the Bulgarian National Bank.
2011edit
According to the Individual - Non-Audited financial statement for the first three cumulated quarters of 2011, total net operating revenues of DSK Bank increased by 6.73%, from BGN 443,030 thousands to BGN 472,855 thousands. Operating result decreased from BGN 106,152 thousands to BGN 57,477 thousands, which means -45.85% change. The results of the period decreased 39.24%, reaching BGN 61,618 thousands at the end of the period against BGN 101,414 thousands previous year.[3]
Operationsedit
In April 2022, DSK Bank announced its partnership agreement with Amsterdam-based fintech software provider Backbase.[4]
bank, this, article, needs, additional, citations, verification, please, help, improve, this, article, adding, citations, reliable, sources, unsourced, material, challenged, removed, find, sources, news, newspapers, books, scholar, jstor, july, 2022, learn, wh. This article needs additional citations for verification Please help improve this article by adding citations to reliable sources Unsourced material may be challenged and removed Find sources DSK Bank news newspapers books scholar JSTOR July 2022 Learn how and when to remove this template message DSK Bank Bulgarian Banka DSK Banka DSK formerly Drzhavna spestovna kasa Darzhavna spestovna kasa State Savings Bank is a major Bulgarian bank It has been owned by the Hungarian OTP Bank since 2003 being transformed into a joint stock company in 1999 and was founded in 1951 as the country s savings bank DSK BankMain officeFounded1951HeadquartersSofia BulgariaTotal assets 14 74 mln 2022 1 Total equity 1 89 mln 2022 1 Websitewww wbr dskbank wbr bgRousse officeTargovishte officeDSK Bank has been designated in 2020 as a Significant Institution under the criteria of European Banking Supervision and as a consequence is directly supervised by the European Central Bank 2 Contents 1 History 1 1 2011 2 Operations 3 See also 4 References 5 External linksHistory editThe Bank was established under the name of the State Savings Bank DSK in 1951 by a decision of the Council of Ministers of the then People s Republic of Bulgaria It included the State Savings Bank and the nationalised cooperative popular banks and agricultural credit cooperatives It received exclusive rights to receive deposits from private individuals in the country Initially they were used exclusively for lending to the state and from the mid 1960s the bank was given the opportunity to provide consumer loans and housing loans to private individuals Until 1971 it was headed by the Ministry of Finance and then by the Bulgarian National Bank 2011 edit According to the Individual Non Audited financial statement for the first three cumulated quarters of 2011 total net operating revenues of DSK Bank increased by 6 73 from BGN 443 030 thousands to BGN 472 855 thousands Operating result decreased from BGN 106 152 thousands to BGN 57 477 thousands which means 45 85 change The results of the period decreased 39 24 reaching BGN 61 618 thousands at the end of the period against BGN 101 414 thousands previous year 3 Operations editIn April 2022 DSK Bank announced its partnership agreement with Amsterdam based fintech software provider Backbase 4 See also editList of banks in Bulgaria nbsp Banks portalReferences edit a b DSK Bank AD Bulgaria Bank Profile thebanks eu List of supervised entities PDF European Central Bank 1 January 2023 DSK Bank Banka DSK www securities com Retrieved June 7 2012 DSK Bank partners with Backbase to accelerate its digital transformation IBS Intelligence 20 April 2022 Retrieved 4 May 2022 External links edit nbsp Media related to Banka DSK at Wikimedia Commons nbsp This European bank or insurance related article is a stub You can help Wikipedia by expanding it vte nbsp This Bulgaria related article is a stub You can help Wikipedia by expanding it vte nbsp This European corporation or company article is a stub You can help Wikipedia by expanding it vte Retrieved from https en wikipedia org w index php title DSK Bank amp oldid 1206558882, wikipedia, wiki, book, books, library,
