News | United Bulgarian Bank

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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.

KBC Bank

Raiffeisenbank (Bulgaria) EAD and Commercial Bank Allianz Bulgaria AD launched corporate bond issue for Commercial bank Unionbank AD 20 August 2004

The maturity of the bond is 5 years and pays out a semi-annual coupon of 7.00% p.a. The nominal value of a single bond is EUR 1000. This is the second corporate bond, issued by Commercial bank Unionbank AD.

KBC Bank

Raiffeisenbank (Bulgaria) EAD lends against warehouse receipts 10 August 2004

The loans will be granted at very competitive conditions, for a term of up to 12 months and will finance working capital needs.

KBC Bank

Banking market in Central and Eastern Europe continues growing fast 10 August 2004

Following an increase of 3.5 per cent in 2002, the balance sheet total grew by 10.1 per cent to € 572 billion in 2003.

KBC Bank

Raiffeisenbank (Bulgaria) EAD with BGN 1,190 Mio total assets and BGN 16,9 Mio. profit before tax by June 30, 2004 10 August 2004

During the first half of 2004, compared with the same period of the previous year, the loan portfolio of Raiffeisenbank (Bulgaria) EAD increased by 60% to BGN 803 Mio., by maintaining a very good quality of assets.

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