Mortgage lending boosts Bulgarian banks’ 2024 profit to 3.7 bln levs

DSK, Unicredit Bulbank lead the ranking with nearly a billion levs in profit each

The day in 3 news: GERB likely election winner but 2nd place is close; UBB offers investors new service; YouTube Vlogger quizzed by police

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

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

Most of the 3.4 billion levs (1.7 billion euro) profit reported by the banking sector for 2023 will be reinvested

The week: We’re still on the outskirts of an Empire, The most important regulator, Real estate deals keep coming down

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

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

Expanding net interest income remains the main growth driver

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

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

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

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

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

Food and beverage Top 30: Sunflower Billions

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

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

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