TBI Bank expands digitally throughout Europe

By Viktoria Kuzmanova

How can banks efficiently become digital? According to a 2020 report on the digital challenges Bulgarian banks are facing, 50% of bank costs are allocated for employee salaries and office costs. Due to their legacy systems and established infrastructure, Bulgarian traditional banks often face challenges when embracing digital services. Yet, with the developments in the local fintech sector which is growing at an annual rate of 25%, as well as...