DSK Bank was established in 1951 as a state savings institution – the only deposit and credit institution in the country at that time. With the adoption of the Law on DSK Reformation dated April 15, 1998, DSK was transformed into a commercial bank.
In January 1999 DSK became a state-owned stock company named DSK Bank. In October of 2003 after a successful privatization OTP Bank of Hungary became the sole owner of DSK Bank. As a result of the swift adaptation to the high standards of OTP Group and the large-scale investment program of the Hungarian owner, the Bank managed to implement a very successful transformation program, making the transit from a state-owned into an exceptionally operating and efficient private bank. Along with its subsidiaries it managed to build a strong financial group of dynamic development, modern and flexible, focusing on the need of all its clients with the wide variety of services including pension insurance, asset management, security, cash collection and transportation, recreation-related services, etc. DSK Bank is the first bank in Bulgaria to have set up a project finance unit.
Awards to the bank
The prestigious British magazine Finance Central Europe (FCE) pronounced DSK Bank The Best Bank of the Decade 2000 – 2010 in Bulgaria, as well as the The Best Bank in Bulgaria 2010, and for the fifth time in a row the Bank’s CEO Violina Marinova became The Banker of the Year in Bulgaria 2010. DSK also won the prize Bank of the Year in Bulgaria in the highly renowned competition Bank of the Year Awards 2010, traditionally organized by the British magazine The Banker.
For a list of Banks & ATMs of this bank in the country, visit Bulgaria Banks & ATMs page and click on a State / Region name in the Banks / ATMs by region section