News | United Bulgarian Bank

KBC Bank

Raiffesenbank is the first bank in Bulgaria to offer foreign currency transactions against a guarantee deposit (FX margin trading) 05 Decempber 2005

The main feature of this product is a flexible scheme for currency transactions for bigger amounts, guaranteed by a collateral deposit.

KBC Bank

0% initial interest rate of housing loans launches Raiffeisenbank (Bulgaria) 02 Decempber 2005

he promotion is valid until the end of the year. Raiffeisenbank reduces the loans’ fee from 1,5 per cent to 1 per cent. The fee is payable only once.

KBC Bank

Goods can be purchased immediately with Raiffeisenbank’s credit card RaiCARD at Technomarket Europe store chain 29 November 2005

Clients of RaiCARD get 2 per cent discount of the price of the product.

KBC Bank

Raiffeisenbank (Bulgaria) EAD doubles its total assets at the end of third quarter 2005 compared to the same period in 2004. Net profit grows by 76,98 per cent. 20 new offices opened in 2005. 28 November 2005

Balance-sheet total in the third quarter of 2005 grew by 96,29 per cent to BGN 2 560,2 mln., compared to the same period in 2004, representing a market share of 8,62 per cent. The profit after tax increased by 76,98 per cent. Retail loan portfolio has grown by 303,23 per cent, customers deposits increased by 122,36 per cent year-on-year basis.

KBC Bank

Raiffeisen International again with record results 24 November 2005

Consolidated Profit up by 33.4 per cent to € 279.1 million; total assets up 20.2 per cent to € 34.7 billion. Return on equity at 22.1 per cent and cost/income ratio at 59.5 per cent. Market leader in Ukraine after acquisition of Bank Aval.

KBC Bank

Postbank issued its third mortgage bond with Lead Manager Raiffeisenbank. The investors were very interested in the bond 22 November 2005

The bond has the following characteristics: 3 year term, maturity on the 16th November 2008. The coupon is fixed – 5 per cent p.a.

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