News | United Bulgarian Bank

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.

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

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 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.

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