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Bulgaria Banking News. Service for global professionals. Constantly updated news and information about Bulgaria.
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Latest Bulgaria Banking News

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  • Moody's takes actions on four Bulgarian banks' ratings 27 Nov 2009 09:37 GMT
    ... The affected banks are: First Investment Bank AD, DSK Bank, Raiffeisenbank (Bulgaria) EAD and MKB Unionbank AD. First Investment ... turn, to lower consumer demand. Although the banking sector continues to remain profitable, strongly capitalised ...

  • Bulgaria PM Confirms Stability of Bulgaria Banking System 4 Dec 2009 01:54 GMT
    ... Bulgaria PM Confirms Stability of Bulgaria Banking System Bulgaria PM Boyko Borisov (R) held a meeting regarding banking stability with the BNB ...

  • S&P Affirms Four Bulgarian Banks Ratings, Outlooks 5 Dec 2009 05:59 GMT
    ... Of the rated Bulgarian banks, only UniCredit Bulbank has ratings that are at the same level as those on the ...

  • Central Bank Head: Bulgaria Escaped the Global Crisis Unhurt 4 Dec 2009 01:54 GMT
    ... Central Bank Head: Bulgaria Escaped the Global Crisis Unhurt BNB Governor ... crisis due to the stability of the banking system. “Despite the heavy global crisis all ... ratio standing at more than 17%. The banks stage good performances and have big enough ...

  • TEXT-S&P says no rating impact on Bulgarian banks 3 Dec 2009 17:25 GMT
    ... outlook revision reflected our view of the Bulgarian government's commitment to fiscal discipline, and our ... social security system. Of the rated Bulgarian banks, only UniCredit Bulbank A.D. (BBB/Negative/A-3) has ratings that ...

  • The Banker Names UniCredit Bulbank Bulgaria's Best Bank 5 Dec 2009 05:59 GMT
    ... The Banker Names UniCredit Bulbank Bulgaria's Best Bank The total number of awards ... high quality of UniCredit as a European banking group in a tough environment,” he added. ...

  • Recession exposes rift in Austrian banking 30 Nov 2009 18:37 GMT
    ... (RZB) – from their rivals. Dividing Austria’s banking landscape into the winners and losers of ... associated with its leasing business in Croatia, Bulgaria and Ukraine are at the root of ... Bank for International Settlements indicated that Austrian banks were on the hook for more than ...

  • Moody's maintains negative view on four Bulgarian banks 27 Nov 2009 17:35 GMT
    ... some downgrades of the ratings of four Bulgarian banks following its reassessment of the vulnerability of ... turn, to lower consumer demand. Although the banking sector continues to remain profitable, strongly capitalised ...

  • Moody's downgrades Bulgaria's FIBank 27 Nov 2009 14:17 GMT
    ... local and foreign currency deposit ratings of Bulgaria's First Investment Bank (FIBank) to the lender's ... agency reviewed the ratings of four Bulgarian banks, including the country's second-largest lender by assets ... by assets DSK Bank, owned by Hungary's banking group OTP. Moody's confirmed DSK Bank's D+ ...

  • Advent Files Buyout Offer for Bulgaria's Top Water Bottler Devin 5 Dec 2009 06:23 GMT
    ... Advent Files Buyout Offer for Bulgaria's Top Water Bottler Devin Bulgaria's leading water ... Turkey and Graffigna in Argentina. It is banking on further growth for Devin. Founded in 1992, ...

  • S&P Raises Bulgaria Outlook 3 Dec 2009 07:17 GMT
    ... Poor's Ratings Services lifted its outlook on Bulgaria to stable from negative, citing the Eastern ... Additionally, S&P said it believes the nation's banking system appears to be well capitalized and ... was encouraged by the fact that Western banks, which have almost 85% market share in ...

  • Bulgaria Finance Minister Owns BGN 2 M DC House ' Report 27 Nov 2009 01:12 GMT
    ... Bulgaria Finance Minister Owns BGN 2 M DC ... State Positions Act. Djankov is repaying a mortgage in the amount of BGN 729 000 ...

  • Bulgaria Finance Minister Owns BGN 2 M DC House - Report 27 Nov 2009 12:51 GMT
    ... Bulgaria Finance Minister Owns BGN 2 M DC ... State Positions Act. Djankov is repaying a mortgage in the amount of BGN 729 000 ...

  • Arab Emirates Aim to Limit Dubai Crisis in Pledge to Banks 30 Nov 2009 07:30 GMT
    ... their savings in supposedly safe investments. Central bankers and government officials around the world were ... Last week, investors fled the stocks of banks with outstanding loans to the tiny emirate ... do not extend to state-backed companies. Hungary, Bulgaria and the Baltic states of Latvia, Lithuania ...

  • Arab Emirates Aim to Contain Dubai Crisis in Pledge to Banks 30 Nov 2009 07:33 GMT
    ... their savings in supposedly safe investments. Central bankers and government officials around the world were ... Last week, investors fled the stocks of banks with outstanding loans to the tiny emirate ... do not extend to state-backed companies. Hungary, Bulgaria and the Baltic states of Latvia, Lithuania ...


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Exchange Rates: Bulgarian Lev
USD 1 = BGN 1.3173
EUR 1 = BGN 1.9573

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Dec. 6

German army under General Mackensen occupied Bucharest.
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