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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


Bulgarian banks weather stormy year in 2020

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


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



Coronavirus puts pressure on Bulgarian banks

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

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

What a waste

A large-scale Bulgarian business with international reach comes under unexpected attack from the prosecution


TOP30 of Bulgaria’s construction companies: Riding on the highway of public contracts

TOP30 of Bulgaria’s construction companies: Riding on the highway of public contracts

The sector has achieved significant revenue growth mostly stemming from government contracts for infrastructure projects, but also because of a revival in the real estate market


Bulgaria’s c-bank urges greater caution in lending

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

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


Fast Reads

Fast Reads


New billion-lev deal in Bulgaria’s banking sector

New billion-lev deal in Bulgaria’s banking sector

DSK Bank is set to buy Societe Generale Expressbank for close to 1.0 billion levs, or 1.3 times its capital, vying for the top spot in the sector in terms of assets.


Bulgaria’s rocky path to the euro

Bulgaria’s rocky path to the euro

Sofia received a formal promise to join the euro, but it will need to follow a longer procedure in comparison with earlier applicants