DSK Bank
Visiting a Bank Office in Bulgaria is getting More and More Expensive
Hardly anyone will be surprised that a number of bank charges will be raised again. Some of them have already been a fact for several days, for others it is coming from the beginning of September, and for others - in October. Physical contact with bank employees related to cash operations is expected to become more and more expensive.
Bulgarian National Bank Releases New Gold Coin: Birth of Christ
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.
Big Deposits of Companies in Bulgaria are Charged with Negative Interest Rates
The problem of negative interest rates directly damages the business in our country. Big banks in Bulgaria have been getting a hefty "fee" for about a year to maintain large corporate deposits, it is clear from their tariffs, a Mediapool check shows.
Banks in Bulgaria have Earned BGN 1.43 Billion in 2018
The assets of banks in Bulgaria are getting closer to the size of gross domestic product, and by the end of last year they are now equivalent to 97.8% of the country's economy.
Full Integration of DSK and Societe Generale Expressbank Expected in 2020
The change of ownership will not change the activities of the two banks in the short term, Chief Executive Officer and Chairperson of the Management Board of DSK Bank Violina Marinova toldFocus Radio.
Bulgarian Central Bank Approves OTP's Purchase of SocGen's Local Business
Bulgaria's central bank has given Hungary's OTP Bank the green light to buy Societe Generale's Bulgarian businesses, the central bank said in a statement on Wednesday, reports Reuters.
Reuters: Bulgaria Raises Risk Buffers for 10 Banks as Seeks Euro Entry
Bulgaria's central bank said on Monday that 10 of the Black Sea state's 22 commercial banks would have to adopt extra protective capital buffers as Sofia seeks to join the euro bloc, reports Reuters.
Banking Union: Why Baulk at Bulgaria?
Should Bulgaria be allowed to join the eurozone and the EU's banking union? That is the question that has been under consideration by European policymakers this summer. In theory, of course, Bulgaria not only has a right to join both but is legally obliged to do so, under the conditions of its accession to the bloc.
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Societe Generale Close to Sale of Bulgarian Bank to Hungary's OTP
SOFIA (Reuters) - French bank Societe Generale (SOGN.PA) is in final talks to sell its Bulgarian unit to Hungary's OTP Bank OTPB.BU and is likely to announce the deal this month, two sources familiar with the process said.
Bulgaria's Lorex Production Base Put up for Sale by Bailiff
SOFIA (Bulgaria), July 17 (SeeNews) - The production base of Bulgarian windows and doors maker Lorex will be put up for sale by a bailiff in a public auction, according to data from the Bulgarian Chamber of Private Enforcement Agents (BCPEA).
The starting price in the auction is set at 4.14 million levs ($2.48 million/2.12 million euro), data from BCPEA shows.