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 Church's vocation is to bring together those who are divided'', the newly-elected Bulgarian Patriarch Daniil said before his first Holy Mass. ''Today is a special day as we celebrate the translation of the relics of St. John of Rila to the Rila..
The first and most important goal is the adoption of the state budget. The second is the Recovery and Resilience Plan. The eurozone is a political issue and if we have a government, I believe we can move it forward and then go to elections, GERB..
Bulgaria’s President Rumen Radev handed the first cabinet-forming mandate to Rossen Zhelyazkov who is the prime minister-designate of the largest parliamentary group-GERB-SDS. Rossen Zhelyazkov announced the structure and composition of the cabinet,..
Bulgaria’s national team of mathematics put up an excellent performance at the Junior Balkan Mathematical Olympiad. Six Bulgarian students returned from..
Bulgaria’s President Rumen Radev handed the first cabinet-forming mandate to Rossen Zhelyazkov who is the prime minister-designate of the largest..
On Tuesday the weather will be sunny and hot over most of the country. Clouds will form over Western and Central Bulgaria in the afternoon and there..
Partly cloudy, chance of rain
Mostly Cloudy
sunshine, cloud, rain and thunder