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.
It will be sunny on Thursday . There will be light and moderate easterly winds. The lowest temperatures will range from 13°C to 20°C, for Sofia 13°C. Daytime highs will range from 29°C to 37°C, for Sofia 31°C. Sunny weather is in the forecast for..
Bulgaria is the EU member state most affected by forest fires since the beginning of 2024, the Representation of the European Commission in Sofia said on Facebook. According to the European Forest Fire Information System (EFFIS), over 38 000..
There is a high probability that this would be the last regular meeting of the Council of Ministers, caretaker Prime Minister Dimitar Glavchev said at the beginning of the meeting. He wished to report on the activities of the..
Caretaker Prime Minister Dimitar Glavchev stated that he will accept a proposal to be caretaker PM again if President Rumen Radev assigns him this..
A new flare-up of the big wildfire on the Greek side of Slavyanka mountain has crossed the border into Bulgaria, extending the perimeter of the fire..
The traditional swim across the Danube River near Silistra will take place at 9:00 am on August 10. Those wishing to participate can register just..
Partly Cloudy
Clear