News | United Bulgarian Bank

KBC Bank

Raiffeisenbank develops retail business 09 June 2003

Since early April Raiffeisenbank started offering consumer loans up to BGN 30 000 with max. term 10 years to its retail customers.

KBC Bank

Completed placement of debut bond issue 04 June 2003

The three-year EUR 7 million bond issue carries a 6,125% annual interest with coupon payments due semi-annually. The bonds were sold primarily to institutional investors at the nominal value of EUR 1000 per unit.

KBC Bank

Raiffeisenbank achieves best result ever 20 May 2003

Total assets grew to BGN 588.6 million, which is an increase by 32.1%. Loans extended increased by 90.6% and reached BGN 442.3 million making Raiffeisenbank Bulgaria the 3 biggest lender to companies in the country.

KBC Bank

Raiffeisenbank reports 169% growth in the profit 13 May 2003

The loan portfolio reached BGN 404 million and customer deposits grew to BGN 339 million, which is an increase by 54 % and 23 % in comparison to 31/03/02.

KBC Bank

Raiffesenbank opens new offices in Veliko Tarnovo and Dobrich 30 April 2003

The expansion of the branch network has begun in mid 2001. In 2002 Raiffeisenbank opened 19 offices in the country.

KBC Bank

Raiffeisenbank offers consumer loans 30 April 2003

Since April 2003 Raiffesenbank (Bulgaria) offers consumer loans for the retail customers. The loans are up to 30 000 leva with the maximum term of 10 years.

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