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Bulgaria’s Top 10 Banks in 2021
Capital Weekly ranks financial institutions in terms of stability, profitability and dynamics
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
KBC Group Buys Raiffeisenbank (Bulgaria) in record 1 billion euro deal
KBC Group is also owner of United Bulgarian Bank (UBB) and the merger of the two banks will create a third local giant of the caliber of UniCredit Bulbank and DSK
Food and beverage Top 30: Sunflower Billions
The sector as a whole performs well, but the champion is sunflower oil production
When long-time leaders refuse to leave; the shortest-lived Parliament in a 100 years; tourists are welcome
K Insights 30/04: What do football and politics have in common, dubious court about to be disbanded
Bulgarian banks weather stormy year in 2020
The financial sector got a reprieve for the coronavirus crisis but risks are yet to come in 2021
KBC expanding into Bulgaria’s pension insurance market
The Belgian group is acquiring Dutch-based NN’s Bulgarian businesses for 77.7 mln euro
Coronavirus wipes out half of banks’ profit in 2020
Weak lending and COVID-19 measures are to blame. For a second year in a row, Bulgarian banks will skip dividend
Bulgaria’s new factories
Investment projects worth less than 430 mln levs were announced in 2020 - a third of the amount in 2019
Coronavirus puts pressure on Bulgarian banks
In the second quarter, banks’ profits plummeted due to higher provisions and declining interest and fee income
The pressure below surface
Bulgarian banks remained profitable in the first three quarters of 2020 despite the coronavirus impact but with the expiry of the credit moratorium drawing nearer pressure will likely increase on profit margins in the coming months
What a waste
A large-scale Bulgarian business with international reach comes under unexpected attack from the prosecution
Bulgaria finally enters the euro’s waiting room
The country will continue implementing reforms in the judiciary and in the fight against organized crime and corruption, according to the ECB
ECB’s test: who failed and who passed
Four Bulgarian banks passed the European Central Bank’s comprehensive assessment, whereas Fibank and Investbank face capital shortfalls
The best banks of 2018
UniCredit Bulbank returns to take the lead in K10, the annual ranking of the leading banks in Bulgaria by Capital newspaper, largely thanks to a dividend sweetener in its profit
Bulgaria’s c-bank urges greater caution in lending
For the first time, the regulator warns of potential risks for Bulgarian banks associated with the ECB's asset quality review
TV masters and puppets
Bulgarian businessman Kiril Domuschiev is buying Nova TV in a purchase that will tighten the media grip of the ruling GERB party