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K10: The Best Banks of 2023

K10: The Best Banks of 2023

UniCredit Bulbank again leads the Capital Weekly’s ranking of banks in Bulgaria, UBB is now the largest bank, DSK reports record profit


DSK, UniCredit Bulbank Plan to Distribute Over 1 Billion Levs in Dividends

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


K10: The best banks of 2022

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

KBC Bank Bulgaria wraps up legal merger into United Bulgarian Bank

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



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

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"

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

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

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

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

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 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

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

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 pressure below surface

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


Bulgaria finally enters the euro’s waiting room

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

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