Central Cooperative Bank products, services and reviews

About Central Cooperative Bank

Central Cooperative Bank AD is a Bulgarian commercial bank headquartered in Sofia, established in 1991 and supervised by the Bulgarian National Bank. The bank is majority owned by CCB Group EAD, part of the Chimimport group, and its shares are listed on the Bulgarian Stock Exchange, with public reporting prepared under IFRS and EU prudential requirements. It offers services to retail, SME, and corporate clients through a national branch and ATM network and online and mobile channels, including current and savings accounts in BGN and major foreign currencies, term deposits, debit and credit cards on international schemes, domestic and international payments including SEPA transfers in EUR, foreign exchange and cash services, and lending products such as consumer and mortgage loans, business loans and overdrafts, and trade finance instruments (guarantees and letters of credit). Fees, interest rates, and operational limits are set out in published tariffs and vary by product, currency, and channel; cross‑border and non‑SEPA transfers typically incur additional charges and FX conversion. Customer funds are protected by the Bulgarian Deposit Insurance Fund up to the statutory limit per depositor per bank (the BGN equivalent of EUR 100,000). The bank’s risk profile is tied to developments in the Bulgarian economy and interest‑rate environment, and users should review collateral and affordability requirements, early‑repayment and account‑maintenance fees, and currency exposure when selecting products. Account opening and servicing follow standard KYC/AML procedures and may require in‑person identification depending on product and residency, while electronic banking covers routine payment, card, and account management needs.