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Bulgaria
Apr 1996 (30 Years)
Last online: No recent activity
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This company is currently Unproved.
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License
A Grade License
Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.
B Grade License
Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.
C Grade License
Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.
D Grade License
From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.
Get to know Municipal Bank
Company Information
Get to know Municipal Bank
Founded in 1996, Municipal Bank PLC is a Bulgarian credit institution headquartered in Sofia. The bank operates as a universal commercial bank, holding a full banking license from the Bulgarian National Bank (BNB). Its majority shareholder is the Sofia Municipality, which uniquely positions the bank to serve and support municipal projects and public sector enterprises, in addition to its standard offerings for retail clients, small and medium-sized enterprises (SMEs), and corporate customers. Its mission is to be a stable, reliable, and modern financial partner, contributing to the development of the local economy.
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