Belgium's KBC Bank and Austria's Raiffeisen Bank International have agreed that KBC will buy 100% of the shares of Raiffeisenbank Bulgaria for just over 1 billion euros, RTE reported. The banks announced that the transaction includes the Raiffeisenbank Bulgaria subsidiaries Raiffeisen Leasing Bulgaria, Raiffeisen Asset Management (Bulgaria), Raiffeisen Insurance Broker and Raiffeisen Service. KBC Group has been present in the Bulgarian financial sector since 2007 and in 2009 identified Bulgaria as one of its main markets. Prior to the deal with Raiffeisen Bank, KBC Group owned 9 companies in Bulgaria offering various financial services.
Today, President Rumen Radev will hand over the first government-forming mandate to the candidate for Prime Minister nominated by the largest parliamentary group, GERB-SDS. Last week, Bulgaria’s head of state held consultations with the..
The enthronement of the newly elected Bulgarian Patriarch, Metropolitan Daniil of Vidin, is over. The new spiritual leader was welcomed in St. Alexander Nevsky Cathedral. The gathered laity chanted "Worthy" and applauded him. ''Conscious of my..
It will be sunny on Monday. There will be light southeasterly wind in the eastern parts of the country. The hot weather continues with maximum temperatures between 33°C and 38°C, in Sofia - around 33°C. It will be sunny over the mountains...
Metropolitan Daniil of Vidin has been elected as the new Bulgarian Patriarch. He received 69 votes. Metropolitan Gregory of Vratsa received 66 votes...
The hacker "Emil Kyulev", who broke the database of state institutions, banks and legal entities, was caught The Sofia City Prosecutor's Office..
Tomorrow the weather in Bulgaria will be sunny, hot in the afternoon. Maximum temperatures will be mostly between 32°C and 37°C, in Sofia - around 32°C...
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