On 24 April 2026 "BCRA - Credit Rating Agency” AD published information about raising and confirming the ratings assigned to BACB, as follows:

• Raising the Long-term rating at BB+, change of outlook from “Positive” to “Stable” and confirming the short-term rating at B;
• Confirming the national-scale long-term rating at BBB+ (BG), confirming of outlook at “Stable” and confirming the national-scale short-term rating at A-2 (BG);

Financial strength rating	Primary Rating July 27, 2016	Updated Rating 24 April 2025	Updated Rating 24 April 2026
Long-term rating	В	BB+	BB+
Outlook	Stable	Stable	Stable
Short-term rating	В	B	B
National-scale long-term rating	В+ (BG)	BBB+(BG)	BBB+ (BG)
Outlook	Stable	Stable	Stable
National-scale short-term rating	В (BG)	A-2 (BG)	A-2 (BG)

In the process of assigning the ratings BCRA uses the methodology which is officially adopted for assigning bank financial strength ratings. 

According to the published report, during the period under review, Bulgarian-American Credit Bank once again achieved relatively strong financial results, maintaining a favorable position on most of the profitability indicators examined relative to the system averages and the benchmark groups of banks. A slight deterioration in asset quality is observed, linked to an increased volume of non-performing loans in the portfolio, which remain persistently at relatively higher levels compared to the system and with a lower level of coverage by loan loss provisions. The maintained capital and liquidity positions are significantly above the minimum required levels.

The following factors could have a positive impact on the rating of “Bulgarian-American Credit Bank” AD: improvement in portfolio quality and reaching the standards average for the country’s banking system; maintaining stable capital adequacy levels and improving liquidity; the successful integration of the acquired smaller banking institution (Tokuda Bank).

The following factors could have a negative impact on the assigned rating: a further deterioration in the quality of the loan portfolio; a significant decline in capital adequacy and liquidity ratios; a deterioration in the quality of investments; a decline in operating and/or financial results. 

 The complete text of the report is available on the “BCRA-Credit Rating Agency” AD web site.