The Bulgarian Agency for Credit Rating (BACR) has upgraded TBI Bank’s national scale rating to A+ and set the outlook to positive.
The rating action reflects the agency’s assessment of the lender’s improving financial strength and stability.
TBI Bank, a challenger lender with primary operations in Bulgaria, Romania, and Greece, benefits from the higher rating through potentially lower funding costs and enhanced credibility with institutional investors.
The positive outlook suggests further upgrades may follow if the bank continues to execute its strategic plan.
The move aligns with a broader trend of rating agencies reassessing regional banks in Southeast Europe as macroeconomic conditions stabilize.
Similar positive actions have been seen elsewhere, such as YES Bank’s recent share price climb following a wave of upgrades from domestic and international agencies, and the Bank of Punjab’s historic upgrade to AAA by PACRA.