SOFIX remains lower YTD despite first monthly gain in 2019

Investors find refuge in real estate investment trusts

The Oligarchs' Coffer

The state-owned Bulgarian Development Bank has morphed from a small and medium-sized business aide to a lender of last resort for unstable and sometimes unsavory large companies

Good revenue growth, moderate profits

The TOP100 companies grew revenue by 9% in 2018

Fast Reads

Pension funds keep investing in related parties

Despite legislation against such practices adopted in 2017 they continue uninterrupted

Ten Bulgarian companies see shares rise 50% or more in 2017

Stocks of the top gainer Doverie United Holding soar 128.5%

Untypical player set to enter Bulgaria’s banking sector

Hamburg-based boutique private lender Varengold Bank intends to open a branch in Sofia after Bulgaria’s Eurofinance acquired a share in it

Low interest rates, positive corporate results support BSE’s strong growth

The Sofia Stock Exchange blue-chip index is best performer among its peer exchanges in the region

The review of insurers and pension funds finds no significant problems

The issue of related party investments is noted by the regulator but is not addressed head on