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DSK, UniCredit Bulbank Plan to Distribute Over 1 Billion Levs in Dividends
Most of the 3.4 billion levs (1.7 billion euro) profit reported by the banking sector for 2023 will be reinvested
Euphoria Fading on Bulgaria's Housing Market
After peaking in 2021-2022, transactions and, construction permits are now declining, and price growth is slowing down
K10: The best banks of 2022
Unicredit Bulbank ranks first in Capital’s ranking, displacing the other traditional champion DSK from the top
Bulgarian banks’ profit hits record 2 billion levs in 2022
The banking sector posts the strongest growth in all segments since the global crisis
The week: Bulgaria’s favorite decade, the euro-effort is shot in the leg, and banks are doing great
The past still has power over us
The top ten owners of office buildings in Sofia
They own 600 thousand square meters of offices in Sofia or half of the total available 1.24 million square meters of class A areas in the capital.
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