ProCredit Bank issued three-year mortgage bonds. The bonds are interest bearing, paperless and free transferable The leading manager of the issue is Biochim bank and the co-manager is TBI Invest. The face value of the issue is BGN 10 million, distributed in two tranches. ProCredit bank will use the issue for financing its credit activity
Source: ComputerWorld e-Daily (16.04.2003)

The Financial Supervision Commission allowed to TBIF Bulgaria to gain directly more than 10 per cent of the capital of two companies – TBI Invest and TBI Asset Management. At the moment the companies are 100 per cent property of the Netherlands-registered company TBI Financial Services.
Source: Banker (10.11.2003)

TBI Credit SP JSC issued its second bond issue on November 17, 2003. Biochim bank and TBI Invest are managers of the issue. The papers are the first Asset Backed Securities on the Bulgarian market. The issue is for a period of 3 years, with volume BGN 8 million and a coupon of 7.50 per cent. The interest payments are executed two times per year. The par and issue value of the bonds is BGN 1000. 115 per cent of the amount of the bond loan are for compensation of the issue. The funds are receipts of the issuer on leasing contracts and contracts for financing.
Source: BTA (19.11.2003)