Bulgarian-American Credit Bank acquired 100% of the shares of TOKUDA BANK
In connection with a stock purchase agreement, for the sale and purchase of shares of the capital of Tokuda Bank EAD concluded on January 12, 2026 by Bulgarian-American Credit Bank AD and the seller Tokushukai Incorporated, Japan, we hereby inform you that:
Bulgarian-American Credit Bank AD acquired 6,800,000 book-entry shares with voting rights, representing 100% of the capital of Tokuda Bank EAD.
The transaction was finalized after receiving the necessary prior approvals from the regulators Bulgarian National Bank (Decision No. 586 of 03.12.2025 of the Governing Council of the BNB in implementation of an instruction from the European Central Bank) and Commission for Protection of Competition (Decision No. 788 of 18.07.2024 of the CPC) and in connection with the announced intention of Bulgarian-American Credit Bank AD to acquire the shares in the capital of Tokuda Bank EAD.
The acquisition is financed entirely with BACB's own funds originating from its banking activities.
BACB has announced its intention to merge the acquired Tokuda Bank EAD after receiving the necessary regulatory approvals, which will lead to an increase in BACB's assets and improve Bank's efficiency, as a result of which BACB will offer the customers of the merged institution even more competitive banking services and products and will continue to apply the good practices of a socially responsible Bulgarian credit institution.