News | United Bulgarian Bank

KBC Bank

Raiffeisenbank launches “Open line” customer loans with preliminary approval 07 Decempber 2004

The clients of Raiffeisenbank (Bulgaria) EAD can receive a preliminary approval for customer loans within 15 minutes over the telephone calling Raiffeisendirect at 0700 10 000, at the cost of a local phone call.

KBC Bank

Raiffeisenbank (Bulgaria) EAD offers the new service for express BGN currency payments in Bulgaria – Express-M 23 November 2004

The system Expres-M offers easy, convenient, express and reliable money transfers in BGN currency on the territory of Bulgaria.

KBC Bank

Raiffeisenbank offers new, more attractive conditions for financing small and medium-sized business 08 November 2004

The Microloans will be granted for the amount of up to BGN 10,000, at 15% interest rate p.a. The repayment term has been prolonged to 36 months, while the loan is guaranteed only by a promissory note.

KBC Bank

Raiffeisenbank (Bulgaria) EAD achieves BGN 1 304 Mio. total assets and BGN 20.07 Mio. profit after tax 29 October 2004

“The results for the third quarter are excellent and we are particularly satisfied with the fact that Raiffeisenbank is increasing its market share while at the same time improving its efficiency ratios."

KBC Bank

IFC and EBRD invest € 100 million each in Raiffeisen International 29 October 2004

The € 200 million in new capital will support the growth of Raiffeisen International’s business in Central and Eastern Europe.

KBC Bank

New conditions for the mortgage loans offers Raiffeisenbank (Bulgaria) EAD 28 October 2004

The interest rate for the first year of the credit is 7.50% p.a. for mortgage loans in Euro. The new maximum period for re-payment is 25 years. The customers receive as an extra bonus free of charge Life insurance.

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