News | United Bulgarian Bank

KBC Bank

Raiffeisenbank expands its presence in internet. The clients may apply in the sites of Netinfo group as well as in Dir.bg 24 October 2005

Since mid October, the clients of Raiffeisenbank have been applying online for the products of the bank on the most popular internet sites of Netinfo group. Until now they have been applying only on Dir.bg. The clients may apply for RaiCARD, SME credits and leasing.

KBC Bank

“Festa Holding” AD issued its first bond with lead bond manager Raiffeisenbank (Bulgaria) EAD. 21 October 2005

The bond has the following characteristics: 3-year term; maturity on Oct.19, 2008; floated coupon-3 month EURIBOR + 4,35%, the principal is payable on 2 equal installments on the dates of the 10th and 12th coupon payments.

KBC Bank

Leasing of new cars with a 12,98 BGN daily installment offers Raiffeisen 20 October 2005

The repayment of the leasing is at equal monthly installments, the principal and the interest rate is included. According to the new promotion for a car of 21 287 BGN (VAT incl.) the daily installment will be 12,98 BGN.

KBC Bank

Raiffeisen International closes acquisition of Bank Aval as scheduled 20 October 2005

All necessary approvals by the anti-monopoly authorities and the National Banks in Ukraine and Austria were obtained. The purchase price for the 93.5 per cent stake was USD 1.028 billion.

KBC Bank

Raiffeisenbank offers a mortgage loan with the lowest fixed interest rate at the Bulgarian market – 1,8% for the first year of the repayment period. 19 October 2005

The conditions of the mortgage loan are: mortgage loans include no limits for the maximum amount and a maximum term up to 25 years.

KBC Bank

CEE Banking Sector Report 11 October 2005

Despite the rapid growth of the banking sectors in CEE the markets in the region remain underbanked, thereby providing ample opportunities for the banks in the region to tap this potential to meet the demand for a full range of banking services.

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