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Accelerator for Bank Mergers
After the sector shrunk by four banks in the last five years, at least two more sales and a merger are expected before year-end.
You’ll be sold if you are small or deficient
Narrowing margins, a result of negative interest rates and stringent regulations, make smaller banks less and less profitable
UBB SELLS RECORD NPL PORTFOLIO TO EOS MATRIX
THE SALE IS THE BIGGEST NPL DEAL SO FAR, AS BULGARIAN BANKS CONTINUE TO CLEAN THEIR BALANCE SHEETS
Who bought Municipal Bank?
The broad political support for the deal coupled with doubts about the identity of the real buyer raises fears that Municipal Bank may suffer the fate of collapsed Corpbank
Bulgaria’s best banks
UniCredit Bulbank leads Capital’s TOP 10 Banks ranking for a second year in a row
More and more united
Belgium’s KBC acquires UBB, the fourth-largest lender in Bulgaria, for 610 million euro in the biggest bank merger in the southeast European country
