News | United Bulgarian Bank

KBC Bank

Raiffeisenbank (Bulgaria) EAD opened new branches in Silistra, Gorna Oryahovitsa, Nessebar, Sozopol and Zlatni Pyasatsi 30 June 2004

The total number of the bank’s branches reached 45. The newly opened offices offer a full range of bank services for corporate and institutional clients, small and medium enterprises and private customers.

KBC Bank

Raiffeisenbank (Bulgaria) EAD extends loans for the purchase of Schüco PVC doors and windows from the distributers of AluKönigstahl Ltd. in Bulgaria 30 June 2004

The customers will be able to receive the loan in every one of the 45 offices of the bank. The amount of the loan varies from BGL 500 to BGL 12 000, while the interest rate is 12,50% p.a., for a term of 5 years

KBC Bank

€75mn syndicated Term Loan for Raiffeisenbank (Bulgaria) EAD arranged by Deutsche Bank and WestLB signed in Sofia, Bulgaria 28 June 2004

The loan is truly a landmark transaction being the largest syndicated loan ever arranged for a financial institution in Bulgaria.

KBC Bank

Raiffeisenbank launches quick credits without collateral for small and medium sized companies and liberal proffessions 22 June 2004

The granted amount of the “Microcredit” is between 1 000 to 7 000 levs. The repayment period is up to 24 months in equal monthly installment, including interest and principal.

KBC Bank

Raiffeisenbank (Bulgaria) EAD offers promotional interest rates on the mortgage loans in euro – 8.50% p.a. 22 June 2004

The promotion includes a free of charge VISA Classic, with annual card fee waived for the first year. The offer is valid until the end of September 2004.

KBC Bank

IFC Invests € 200 Million in Raiffeisen International 17 June 2004

Half of IFC’s investment takes the form of long term loans to Raiffeisen International’s subsidiaries in Russia, Romania, Belarus and Ukraine. The other half is an option to invest equity in Raiffeisen International, if needed for the further expansion of the group.

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