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.
Bulgaria remains one of the countries with a high level of corruption in the public sector, indicates the Corruption Perceptions Index 2024 published by Transparency International. With a score of 43, Bulgaria ranks 76 th out of 180 countries..
The parliamentary group of DPS-Democracy, Rights and Freedoms, affiliated with Ahmed Dogan declared they were categorically opposed to the appointment of Lyudmila Petkova to the post of director of the Public Financial Inspection Agency (PFIA),..
Today is the second day of Prime Minister Rosen Zhelyazkov's participation in the Artificial Intelligence Action Summit in Paris. The forum brings together world leaders, representatives of business, academia and civil society. Today, Zhelyazkov..
Bulgaria is participating at the Lisbon Food Affair (LFA) – the largest food trade fair in Portugal, which opened today and will run until..
From February 10 to 22, the largest NATO military exercise of the year, Steadfast Dart - 2025 (STDT25), will be held in the areas of the Tsrancha..
By the end of September, Bulgaria will receive eight F-16 Block 70 fighter jets, Minister of Defence Atanas Zapryanov has told Nova..
Mostly Cloudy
Partly Cloudy
Clear