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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


Accelerator for Bank Mergers

Accelerator for Bank Mergers

After the sector shrunk by four banks in the last five years, at least two more sales and a merger are expected before year-end.


The best banks in Bulgaria in 2017

The best banks in Bulgaria in 2017

DSK Bank returns to the top spot


Au Revoir, SocGen

Au Revoir, SocGen

The Eastern European market turned too tight for Société Générale