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

Belgian bank buys Raiffeisenbank Bulgaria

Photo: library

Belgium's KBC Bank and Austria's Raiffeisen Bank International have agreed that KBC will buy 100% of the shares of Raiffeisenbank Bulgaria for just over 1 billion euros, RTE reported. The banks announced that the transaction includes the Raiffeisenbank Bulgaria subsidiaries Raiffeisen Leasing Bulgaria, Raiffeisen Asset Management (Bulgaria), Raiffeisen Insurance Broker and Raiffeisen Service. KBC Group has been present in the Bulgarian financial sector since 2007 and in 2009 identified Bulgaria as one of its main markets. Prior to the deal with Raiffeisen Bank, KBC Group owned 9 companies in Bulgaria offering various financial services.



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

Daytime temperatures on the rise, no precipitation on Thursday

On Thursday , the minimum temperatures will be between 5 and 10°C, in Sofia 6°C.   The day's highs will be from 23°C to 28°C , in the capital it will be 25°C.   During the day it will be sunny with scattered high clouds. It will become..

published on 10/2/24 7:35 PM

Prime Minister Glavchev: Currently there is no threat to the security of the country

At present, there is no information indicating a threat to the security of Bulgarian citizens. However, enhanced security measures have been taken in the country and security has been provided at strategic locations. This was announced after the end..

published on 10/2/24 7:20 PM

No reports of injured Bulgarians after the escalation of tensions in the Middle East

The Bulgarian foreign ministry is in constant contact with the Bulgarian embassies in Beirut, Tel Aviv and Tehran,  announced by the Deputy Minister of Foreign Affairs, Elena Shekerletova, at a briefing in the Council of Ministers. The..

published on 10/2/24 5:33 PM