Ukraine invasion: EU nations to cut ties with Soviet-era banks
Understand the impact of the Ukraine conflict from a cross-sector perspective with the Global Data Executive Briefing: Ukraine Conflict Several countries…
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KBC to buy Raiffeisen Bank International’s Bulgarian business for €1bn
Belgium-based KBC Bank has agreed to purchase the Bulgarian operations of Austria-based Raiffeisen Bank International (RBI) for approximately €1bn in…
ByEurobank closes acquisition of Piraeus Bank’s Bulgarian subsidiary
Bulgaria’s Postbank, a subsidiary of Greek Eurobank Ergasias, has completed the acquisition of the Bulgarian subsidiary of financial services firm…
Allianz Bank Bulgaria set for digital revamp
Allianz Bank Bulgaria is set to carry out a digital revamp of its operations in a bid to make its…
OTP Bank closes acquisition of Societe Generale’s Bulgarian business
Hungarian lender OTP Bank, through its Bulgarian subsidiary DSK Bank, has concluded the acquisition of a 99.74% stake in the…
ECB to assess six Bulgarian banks for Eurozone membership
The European Central Bank (ECB) is set to evaluate six banks in Bulgaria as a step towards offering the Banking…
Eurobank to buy Piraeus Bank Bulgaria for €75m
Greek lender Eurobank Ergasias, through its Bulgarian unit Postbank, has agreed to acquire Piraeus Bank Bulgaria (PBB), the Bulgarian arm…
OTP Bank to acquire SocGen’s Bulgaria and Albania businesses
French banking giant Societe Generale has agreed to sell its majority stakes in Bulgarian and Albanian banking operations to Hungary’s…