Raiffeisenbank

BELGRADE - Raiffeisen bank Belgrade has announced it had successfully completed a legal and operational merger of RBA bank, which began with an acquisition of a 100 pct stake in the bank - the former Credit Agricole Serbia - in April last year.

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.

A few days ago, however, another purchase was announced, so when the merger of Raiffeisen and Credit Agricole Bank is completed, there will be one bank less.
Considering the announcements, there will be more such transactions in the coming months, Novosti writes.

National bank will release gold coin "Rozhdestvo Hristovo".

As of December 7, 2020, the Bulgarian National Bank will release a gold commemorative coin on the theme of "Rozhdestvo Hristovo" (Birth of Christ) from the series "Bulgarian Iconography". The price of the coin is 1300 BGN.

From 11 May 2020 the Bulgarian National Bank will release into circulation a partially gold-plated silver commemorative coin '100 Years of University of National and World Economy', BNB reported.

It will be sold for BGN 72 (seventy two levs).

From 6 January 2020 the Bulgarian National Bank will release into circulation a copper commemorative coin '125 Years since the Birth of Geo Milev' of the 'Bulgarian Artists' series.

It will be sold for BGN 24 (twenty four levs).

Six Bulgarian banks rank in the Top 100 of the largest financial institutions in Central and Eastern Europe. DSK, First Investment Bank and UBB are making significant progress in the ranking compared to last year. It is composed by RIA Rating Agency on the order of Russia's leading financial site Prime.

Austrian Raiffeisenbank plans to expand its operations on the Bulgarian market. This is clear from the bank's annual report and a statement by Chief Executive Officer Johan Strobl.

Nearly 200 Bulgarian citizens, who study, live and work in Austria, visited the "Austrian Companies in Bulgaria as Employer" career forum, which was held on 23 January in Vienna.

The Bulgarian Business Leaders Forum has awarded 19 projects in its 15th edition of its Annual Responsible Business Awards.