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

Bulgarian banks' profit soars to 1 bln levs in the first four months of 2023

Expanding net interest income remains the main growth driver

K10: The best banks of 2022

Unicredit Bulbank ranks first in Capital’s ranking, displacing the other traditional champion DSK from the top

KBC Bank Bulgaria wraps up legal merger into United Bulgarian Bank

The two banks’ operational unification will take a year or so

The day in 3 news: New parliament gathers; KBC and UBB merge legally; Taylor & Harts reels in GBP 3.5 million

The day in 3 news: Building boss Veliko Zhelev is held; WCC-DB retains wafer-thin poll lead; DZI wants out of insurance business

Bulgarian banks’ profit hits record 2 billion levs in 2022

The banking sector posts the strongest growth in all segments since the global crisis

M&As in 2022: Mid-sized deals, cautious outlook

Market continued its recovery from the pandemic

Petar Andronov, KBC Group: The main prognosis is for a "soft recession"

Belgian KBC Group expects 0.7% GDP growth in Bulgaria for 2023

Bulgaria’s Top 10 Banks in 2021

Capital Weekly ranks financial institutions in terms of stability, profitability and dynamics

The week: The gas is off, the fight is on, Petkov goes to Kiyv, and do you need that salary of yours

K Insights 29/04: legalizing the industrial hemp, are 100 diplomats too many?

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

The day in 3 news: Several party leaders quit after Sunday vote, KBC to buy Raiffeisenbank - Bulgaria, Cargo drone startup Dronamics goes public

The golden passports of Bulgaria; the new lockdown and the elections; how to get a year of free rent

K Insights 19/03: the dirty campaign begins and what is cyberethics

The deals of 2020: Few and far between

The pandemic practically froze the M&A market. Buyers are still mostly local faces

KBC expanding into Bulgaria’s pension insurance market

The Belgian group is acquiring Dutch-based NN’s Bulgarian businesses for 77.7 mln euro

A big plan that bets on hydrogen and solar, 100 million euro losses per week and how to get Bulgarians to vaccinate

K Insights 12/02: April will be very busy, and coming up: new debt and a 5000 hp supercar

The day in 3 news: Economic outlook brightens, KBC expands in Bulgaria, competition administration stays another 2 years

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