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.
The Sand Sculpture Festival takes place for the 17th summer in a row in the city of Burgas. It will open its doors to visitors on July 5. The "Marina Zmeeva" ballet school and the musicians from the Burgas Wind Orchestra will have a special..
From July 5 to 7, hundreds of high-speed enthusiasts from all over the country will participate in the latest edition of the National Motorcycle Festival Vratsa – Ledenika. The event will take place on the meadows near the Ledenika Cave. The official..
Precipitation will stop by Thursday night and the weather will be clear on Friday morning. There will be light northwesterly winds in the eastern parts of the country. The weather will be calm in the rest of the country. It will be mostly sunny..
"It is evident that the political crisis continues and its solution requires not only putting aside personal and party interests but also requires..
The Balkans are attracting more and more medical tourists, with Turkiye being the undisputed leader, ranking among the top 10 most preferred countries..
After a heated debate, Parliament rejected the proposed GERB-SDS cabinet with Rosen Zhelyazkov as Prime Minister. It was supported by 98 MPs, with 138..
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