Digital Technology Center Commerzbank Sofia Celebrates its First Year in Bulgaria

Digital Technology Center Commerzbank Sofia – the German bank’s Bulgarian tech division, celebrated their first year in Bulgaria. During this time, the IT experts in Bulgaria have become part of the process of digitizing Commerzbank’s entire banking structure, so that an institution with more than 150 years of history can become a digital company. This process has started a few years back, when Commerzbank began to reorganize its activity into clusters.

The Bulgarian team’s main task is to develop and manage the applications that would be used for servicing 11 million private and small business customers, as well as 30 000 groups of corporate clients in Germany.

“The opening of the office in Bulgaria is part of Commerzbank’s long-term strategy for digitalization and transformation of its banking operations all over the world. The changes and the crisis caused by the COVID-19 pandemic do not stop this process. On the contrary they serve as prove that the decision to focus on digitalization was entirely correct. We believe we’ve made the right choice by building a tech hub in Bulgaria, as we’re finding a very favorable business environment and highly qualified tech experts that can take on the responsible task of “restarting” an international bank ”, explained Markus Kroeger, Head of Digital Technology Center Commerzbank Sofia.

The company’s new office located in Business Park Sofia covers a surface of 3515 sq.m. and takes up two floors. It will house the growing team of Commerzbank Digital Technology Center.

“Over the course of one year over 150 experts from different nationalities (Bulgaria, Italy, Turkey, Moldova, North Macedonia and Cuba), 30% of which female, have trusted us. We’re looking for people with diverse profiles – for example Java and React, but also ABAP, Murex, webMethod among others. For us it’s important not only that the team continues to grow, but also above all to create an environment, where our colleagues can exchange experience, ideas and knowledge, as well as to further develop their professional competencies”, added Iliyana Tarnina, HR Director, Digital Technology Center Commerzbank Sofia.

About Commerzbank Digital Technology Center

Digital Technology Center Commerzbank Sofia is Commerzbank’s tech division, founded in 2020. Its goal is to develop and manage the applications enabling the full digitalization of business processes. The team’s focus is on modern IT solutions, tools and agile work methods in order to be able to provide faster and better tailored services for clients while processing large data sets, and at the same time do it more efficiently and cost-effectively, ensuring information security.

Digital Technology Center Commerzbank in one year overview:

• 150+ hired team members, including from Italy, Turkey, Moldova, North Macedonia and Cuba;
• 20 business units;
• 150+ open positions;
• A new and modern office in Sofia with a surface of 3515 sq.m.

Some of the coverage is available below:

TechNews.bg: Commerzbank is Looking for IT Experts for its Tech Hub in Bulgaria

Economy.bg: In the course of 1 Year Commerzbank has hired 150 Employees in Sofia

Computerworld.bg: Commerzbank’s Tech Hub is Developing Apps for 11 Million clients of the Bank

DevStyler.bg: Digital Technology Center Commerzbank Sofia Celebrates its First Year in Bulgaria