Teximbank is the oldest operating private bank in Bulgaria. It was created by Georgi Naydenov, a famous Bulgarian businessman, who created the state-owned economic group Texim in the 1960s and 1970s.
Texim was 'founded in 1960 as an export-import enterprise, and was gradually expanded to cover various additional types of activities: transport by its own ships and trucks, management of factories producing soft drinks (including Coca-Cola, for the production of which it acquired the license), management of Bulgarian mineral water springs, sale of luxury goods in special shops in Sofia and Varna, etc.' Furthermore, Texim was 'responsible for the bulk of Bulgaria's arms exports, and it is the primary distributor for most of the country's small arms and light weapons'.[citation needed]
Georgi Naydenov created Teximbank in September 1992, the beginning of the post-communist era. The bank was created by 'more than 4000 initial shareholders who trusted in Naydenov'.[citation needed] It managed to survive both Bulgarian economic crisis and restored its political and economic independence. Teximbank has proven to be a stable and reliable financial institution. The bank has a full banking license which enables it to perform transactions both in the country and abroad, and it specialises in servicing small and middle-sized businesses.
texim, bank, teximbank, oldest, operating, private, bank, bulgaria, created, georgi, naydenov, famous, bulgarian, businessman, created, state, owned, economic, group, texim, 1960s, 1970s, private, entrepreneurial, bank, teximindustrybankingfounded1992, teximba. Teximbank is the oldest operating private bank in Bulgaria It was created by Georgi Naydenov a famous Bulgarian businessman who created the state owned economic group Texim in the 1960s and 1970s Private Entrepreneurial Bank TeximIndustryBankingFounded1992 TeximbankHeadquartersSofia BulgariaKey peopleGeorgi Naydenov FounderTotal assets 90 10 mln 2015 1 Total equity 17 43 mln 2015 1 Websitewww teximbank bgTexim was founded in 1960 as an export import enterprise and was gradually expanded to cover various additional types of activities transport by its own ships and trucks management of factories producing soft drinks including Coca Cola for the production of which it acquired the license management of Bulgarian mineral water springs sale of luxury goods in special shops in Sofia and Varna etc Furthermore Texim was responsible for the bulk of Bulgaria s arms exports and it is the primary distributor for most of the country s small arms and light weapons citation needed Georgi Naydenov created Teximbank in September 1992 the beginning of the post communist era The bank was created by more than 4000 initial shareholders who trusted in Naydenov citation needed It managed to survive both Bulgarian economic crisis and restored its political and economic independence Teximbank has proven to be a stable and reliable financial institution The bank has a full banking license which enables it to perform transactions both in the country and abroad and it specialises in servicing small and middle sized businesses References Edit a b Bank Profile Texim BankExternal links EditOfficial Website Banks portalSources EditOfficial Website of Teximbank http www teximbank bg Official Site of the Bulgarian National Bank http www bnb bg https web archive org web 20070929100501 http www mybulgaria info bulgaria travel information about bulgaria 38 html About the CEO of Teximbank http www dksi bg en AboutUs Members Vidolova htm http www kampanyarchivum hu files 300 8 3 7 2 27 html permanent dead link http www hrw org reports 1999 bulgaria Bulga994 02 htm P384 79881 This Bulgaria related article is a stub You can help Wikipedia by expanding it vte Retrieved from https en wikipedia org w index php title Texim Bank amp oldid 1060485781, wikipedia, wiki, book, books, library,
