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Postbank: mortgage loans rise in value, number of applications stable
The bank’s records show an average increase in property prices of 13% y/y in Q1 2022
The week: "Year Zero" for anti-corruption, new cabinet or new elections, the quick end of the Gemcorp memorandum
Captured state fights back, gas storage slowly fills up and a skyscraper that is not
The week: Reform process stalled, EU warns of rising gov’t expenses, and a great week for business
Can the coalition live up to its promises, DIY photovoltaics and good news for "Made in BG" cargo drones
Bulgaria’s Top 10 Banks in 2021
Capital Weekly ranks financial institutions in terms of stability, profitability and dynamics
Money for RES for businesses’ own use
Commercial lenders and Bulgarian Development Bank (BDB) provide financing for solar power plants for businesses. Also, there is a funding program with 200 million levs in grants under the Recovery Plan
Bulgaria: More dependent on Russian oil
While diversifying gas supplies is difficult, but feasible task for the state, the same cannot be said about Bulgaria’s reliance on crude oil from Russia
Pro-Russian parties exploit the fears of the disillusioned
Former Prime Minister Stefan Yanev, leftist spearhead Maya Manolova and former TISP cadres are jumping on the "anti-war" bandwagon of Vazrazhdane and BSP with new political factions
The electronics company Addit.tech received an investment of 555,000 euros
The company basically offers a way for renting mobile phones and other consumer equipment
Blockchain tourists
The Bulgarian company LockTrip raised a 4.1 million dollars investment from Australian tourism giant Webjet
The first Bulgarian unicorn
Payhawk, the fintech startup founded by Hristo Borissov and Boyko Karadzhov, was valued at 1 billion dollars after a new investment round led by US fund Lightspeed Venture Partners
The Coalition duel for the National Bank
In an attempt to thwart the election of TISP’s Lyubomir Karimanski for governor of BNB with the votes of the opposition, WCC nominated their parliamentary head Andrei Gyurov for the post
How big is the fintech sector in Bulgaria?
About 135 companies with over BGN 1.4 billion (EUR 715 million) in revenues are distributed in more than a dozen segments of the fintech industry
The week: Russian tanks steal our common future, stacking up on grain, some good ideas
K Insights 11/03: economy grows (pre-war), some unicorns
Seven (or more) great ideas for Sofia
A 1-million BGN pilot program by the Municipal authorities in the capital inspires citizens to propose urban development projects of their choosing
Bulgaria is looking for a unicorn
In 2022 or 2023 there will be at least one Bulgarian startup with valuation over 1 billion dollars
Bulgarian banks’ profit rises to 1.4 billion levs in 2021
Lower impairment costs, decreased contributions to guarantee funds and the credit moratorium boosted annual profit by 600 million levs
A reluctant NATO ally, OECD invitation 15 years in the waiting and a new name for Telenor
Sofia hopes for the best - and not much more - in NATO-Russia clash, Telenor turns into Yettel and changes coming to the Energy regulator
Bulgarian banks’ Jan-Nov profit rises 53% y/y, still below 2019 level
The last 8 billion levs of loans under credit repayment moratorium return to regular servicing