First Investment Bank AD hires Citigroup to advise on new opportunities
First Investment Bank AD (Fibank) has enlisted Citigroup Global Markets Limited to help review new growth opportunities.
Some of the potential opportunities include consolidations and partnerships, attracting additional investors and raising money to fund future bank growth, according to a bank press release. All such options are in alignment with the bank's long-term strategy to grow in retail and small and medium enterprise markets.
Although Citigroup Global Markets Limited is serving as financial adviser, this does not mean that any transactions will take place as a result of this designation.
Fibank is based in Bulgaria, with its head office in Sophia.
Organizations in this story
First Investment Bank of Sofia Sofia, Sofia City Province
Citigroup Citibank Building, New York, NY, United States New York, NY 10022