One of the leading banks in Bulgaria, DSK Bank, owned by the Hungarian OTP Bank, signed a contract for the acquisition of the French Société Générale Expressbank.
The contract is for 99.74 percent of SGE, which is currently holder of 6.7 percent of the market share and is the 7th biggest bank on the Bulgarian banking market.
DSK Bank is the second biggest creditor in the country, and after the acquisition of Société Générale, it is expected to increase its market share to around 19 percent.
On Friday, minimum temperatures will be between minus 7 and minus 2°C, around minus 3°C in Sofia. Most of the country will be sunny with light to moderate winds. Maximum temperatures will be between 1 and 6°C, around 4°C in the capital. In the..
Bulgarian Patriarch Daniil met today with Minister of Foreign Affairs Georg Georgiev . According to a statement on the website of the Bulgarian Patriarchate, one of the reasons for the meeting is the consecration of the new Bulgarian church in London..
Bulgaria’s Minister of Foreign Affairs Georg Georgiev said that Bulgaria will strictly follow the European consensus regarding the European integration of the Republic of North Macedonia . Minister Georgiev pointed out that Bulgaria remains..
“We shall submit a budget for stabilizing public finance,” Prime Minister Rosen Zhelyazkov said at a briefing at the Council of Ministers building. “I..
T he Federation of Consumers in Bulgaria, the movement “The system is killing us” and the Allied Pensioners Unions have called for a boycott of the high..
GERB never falsifies things and it is clear what the hole in the budget is due to. Let's humble ourselves a little and not try to shift..
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