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.
On Tuesday , the clouds will be variable, more significant in the afternoon over Eastern Bulgaria and the mountains and in places there will be rain and thunderstorms. Winds across the country, at the latest in the extreme eastern regions, will be..
The exhibition "Tales of Gold and Silver" of the National History Museum, prepared for the 100th anniversary of the State Cultural Institute "Cultural Center The Palace - Balchik" (formerly the summer residence of Queen Marie of..
"The most important thing for a caretaker prime minister is to ensure that fair and transparent elections are held and well-known political faces will not bring credibility to the process." This is what Speaker of Parliament Raya Nazaryan from GERB said..
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..
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