Teximbank is the oldest operating private bank in Bulgaria.

Texim was 'founded in 1960 as an export-import enterprise, and was gradually expanded to cover various additional types of activities: transport by its own ships and trucks, management of factories producing soft drinks (including Coca-Cola, for the production of which it acquired the license), management of Bulgarian mineral water springs, sale of luxury goods in special shops in Sofia and Varna, etc.'

[citation needed] Georgi Naydenov created Teximbank in September 1992, the beginning of the post-communist era.

The bank was created by 'more than 4000 initial shareholders who trusted in Naydenov'.

Teximbank has proven to be a stable and reliable financial institution.