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as of 22/04/2025 08:34:09
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.
Profit before tax came to € 273.3 million, representing an increase of 58 per cent or € 100.5 million compared to the same reporting period 2004.
Raiffeisenbank’s mortgage bankers explain to the customers the terms and conditions of the mortgage loans and can cooperate in gathering and filling in the required documents of the bank, till they are submitted to the bank offices.
Both companies and individuals can take on lease new and used cars, trucks, trailers, buses, and agricultural machinery, industrial equipment, machines and real estate.
Now Raiffeisenbank has 13 branches in Sofia, 3 in Varna and Burgas and 2 in Stara Zagora. Thus, the branch network of Raiffeisenbank is expanded to 61 offices in Bulgaria.
The prize is third in a row, since Raiffeisenbank won the Bank of the year award in 2002 and 2003. The winner of this prize is determined through an inquiry among the newspaper's readers and among the members of employers' organizations.