News | United Bulgarian Bank

KBC Bank

The owners of Raiffeisenbank’s Visa Еlectron can already make purchases also through Internet 23 August 2005

All newly issued Raiffeisenbank’s Visa Electron can be used for purchases on the Internet from traders with the logo of Visa Electron on their sites.

KBC Bank

Raiffeisen International acquires Ukrainian Bank Aval 22 August 2005

Raiffeisen International will acquire a majority stake of 93.5 per cent of Bank Aval, the second-largest Ukrainian bank. The transaction is subject to approval by the Ukrainian National Bank and other relevant authorities in Ukraine and Austria.

KBC Bank

In July and August, Raiffeisenbank (Bulgaria) EAD opened eight new branches 17 August 2005

Raiffeisenbank (Bulgaria) intends to open new branches in Assenowgrad, Targowishte and Sofia. Including them, the number of the offices in the country will be more than 70.

KBC Bank

Raiffeisenbank (Bulgaria) EAD doubles its balance-sheet total in first half 2005 compared to the same period in 2004.Net profit grows by 67,5 per cent 16 August 2005

Raiffeisenbank is among the most profitable and efficient financial institutions in Bulgaria for the first half of 2005 with a Return on Equity (RoE) after tax of 32,4 per cent.

KBC Bank

Raiffeisenbank informs its clients for their monthly loan installments via SMS 15 August 2005

To start this service, the clients of Raiffeisenbank (Bulgaria) have to fill up an application form, in which an actual mobile number should be specified.

KBC Bank

Raiffeisenbank lended over 111 mln BGN to small sized companies from the beginning of the year 12 August 2005

The credit portfolio of the bank for this segment till end of July 2005 is 243 mln BGN which is an increase of 68 per cent in comparison to the end of 2004. Only for the first 7 months of the year Raiffeisenbank lended over 111 mln BGN to small sized companies.

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