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First Investment Bank up for sale - sources

First Investment Bank up for sale - sources

UniCredit Bulbank and Postbank vie to acquire Bulgaria’s fifth largest lender



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



The week: 3 focal points to watch out for post-Schengen

The week: 3 focal points to watch out for post-Schengen

Bulgaria gets a half-Schengen, Peevski gets a half party, and something awful is going on in the police


Euphoria Fading on Bulgaria's Housing Market

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


The week: No country for new dogs

The week: No country for new dogs

What Plovdiv teaches us about Bulgaria, 50 Shades of grey money, and some horror (thankfully, on the screen)


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

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

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



Federico Menna, EIT Digital: We are actively looking for companies in Eastern Europe

Federico Menna, EIT Digital: We are actively looking for companies in Eastern Europe

We are discussing opening an office in Sofia, says the new CEO of EIT Digital


Bulgarian banks’ profit hits record 2 billion levs in 2022

Bulgarian banks’ profit hits record 2 billion levs in 2022

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


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


Money for RES for businesses’ own use

Money for RES for businesses’ own use

Commercial lenders and Bulgarian Development Bank (BDB) provide financing for solar power plants for businesses. Also, there is a funding program with 200 million levs in grants under the Recovery Plan


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



Food and beverage Top 30: Sunflower Billions

Food and beverage Top 30: Sunflower Billions

The sector as a whole performs well, but the champion is sunflower oil production