Raiffeisen Bank International
OpenCalais Metadata: Ticker
EBRD Finances Bulgaria’s Largest Merchant Solar Plant to Boost Green Energy
The European Bank for Reconstruction and Development (EBRD) has approved a loan of up to 50 million euros for Tenevo Solar Technologies EAD to build and operate a solar photovoltaic plant in southeastern Bulgaria. The project will produce over 300 GWh of electricity annually and help reduce carbon emissions by 250,000 tonnes per year.
Bulgaria: Belgian KBC Bought the Business of Raiffeisen Bank International
KBC Bank (KBC) and Austria's Raiffeisen Bank International (RBI) have announced that they have reached an agreement with a Belgian-based banking group to acquire 100% of the shares of Raiffeisen (Bulgaria) EAD, which conducts banking operations on the side of RBI.
Titan to raise 250 mln euros from new issue to refinance debt
Greek cement maker Titan plans to raise 250 million euros ($290.05 million) from issuing new notes to refinance debt and pay back bank and other commercial loans, the company said on Monday.
EUR 35 M of Loans to be Provided to Bulgarian SMEs under Juncker Plan
The European Investment Fund (EIF) and Raiffeisenbank Bulgaria, a subsidiary of Raiffeisen Bank International signed a guarantee agreement to increase lending to innovative SMEs and small mid-caps in Bulgaria.
The transaction benefits from the support of the European Fund for Strategic Investments (EFSI), which constitutes the heart of the Investment Plan for Europe.
Euromoney: Analysts Say KTB Woes to Hit Bulgaria Standing in Brussels
The crisis at Corporate Commercial Bank (KTB) is likely to delay Bulgaria’s intention to join the Eurozone event further, Euromoney magazine has reported, quoting analysts.