Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

DSK Bank concludes contract for the acquisition of Société Générale Expressbank

Photo: dnevnik.bg

One of the leading banks in Bulgaria, DSK Bank, owned by the Hungarian OTP Bank, signed a contract for the acquisition of the French Société Générale Expressbank.

The contract is for 99.74 percent of SGE, which is currently holder of 6.7 percent of the market share and is the 7th biggest bank on the Bulgarian banking market.

DSK Bank is the second biggest creditor in the country, and after the acquisition of Société Générale, it is expected to increase its market share to around 19 percent. 



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Three gold and one silver medal for Bulgarian students at the Balkan Olympiad in Informatics

The Bulgarian team won three gold medals and one silver medal at the Balkan Olympiad in Informatics held in Ohrid.  The gold medallists were Daniel Koynov from the Nancho Popovich High School in Shumen, Boris Mihov from the Sofia High School of..

published on 9/30/24 2:36 PM
Council of Ministers sitting on Lebanon, 30 September, 2024

Airplane on standby to fly to Lebanon and evacuate Bulgarian citizens

A State Aviation Operator crew is standing by to fly to Lebanon as soon as the phased evacuation of the Bulgarians there is given a green light. This was reported to caretaker PM Dimitar Glavchev on Monday morning at a Council of Ministers meeting..

published on 9/30/24 11:25 AM

No significant rise in the price of sunflower oil to be expected

The speculations of a rise in the price of sunflower oil in the coming months due to the poor harvest in the country will not come to pass, Vladimir Ivanov, chairman of the Commodity Exchange and Wholesale Markets State Commission said for the BNR...

published on 9/30/24 9:55 AM