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 December 11 and 12, President Rumen Radev continues consultations with parliamentary groups in the 51st National Assembly before the first exploratory mandate for forming a government is handed out. Today, President Radev will meet with..
On Wednesday, minimum temperatures in Bulgaria will range from zero to 5° C., for Sofia around zero. There will be fog in some parts in the lowlands in the morning. During the day there will be clouds with no significant precipitation, the clouds..
Judge Vladislava Tsarigradska of the Pleven District Court received the grand prize "Person of the Year" of the Bulgarian Helsinki Committee. She grabbed the award for her active work in exposing unregulated relations and dependencies in the..
It is too early to predict how the events in Syria would affect the war in Ukraine. This is what EU Defense Commissioner Andrius..
We Continue the Change/Democratic Bulgaria (PP/DB) will propose the setting up of a parliamentary commission of inquiry to conduct a large-scale..
Austria has lifted its veto on Romania and Bulgaria’s full membership of the Schengen area, the Austrian Ministry of Interior has announced. “We..
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