Bulgarian Postbank

Banks have entered the market for selling or even renting real estate, disposing of real estate they already own. This disposal is done through websites they have created and on which they upload privately owned properties acquired through auctions, or display properties that are going to be auctioned at the initiative of the bank.

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.

Greece's third-largest lender, Eurobank, said on Friday that its Bulgarian subsidiary Postbank had concluded the acquisition of Piraeus Bank's Bulgarian unit after obtaining regulatory approvals.
The acquisition boosts Postbank's share in Bulgaria's banking market to more than 10 percent, ranking it third in terms of total loans, Eurobank said.

The Commission on Protection of Competition has permitted Post Bank, with legal name Eurobank Bulgaria AD, to acquire Piraeus Bank, Bulgaria.

After permission for the deal was given by the Bulgarian National Bank, the financial entity is now the fourth biggest financial institution in terms of assets in Bulgaria.

102 teams of 45 companies have been registered so far in the seventh edition of the inter-company charity competition Postbank Business Run, which will take place on June 2 (Sunday) at 10 am in Business Park Sofia.

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.

An agreement for the transfer of Piraeus Bank's subsidiary in Bulgaria (PBB) to Eurobank's arm in the neighboring country, Eurobank Bulgaria (Postbank), was confirmed on Wednesday by both Greek banking groups, reports Ekathimerini. 

An agreement for the transfer of Piraeus Bank's subsidiary in Bulgaria (PBB) to Eurobank's arm in the neighboring country, Eurobank Bulgaria (Postbank), was confirmed on Wednesday by both Greek banking groups.

Eurobank announced on Monday that two new agreements had been signed with the European Investment Bank for supporting investment plans by small and medium-sized enterprises.

A 100-million-euro loan agreement is destined to offer a credit line to SMEs through the Greek lender, following two more deals already signed totaling 250 million euros.

The Government issued a state guarantee of up to BGN 50 million under the Student and PhD Students Loan Act for 2018 for new loans granted during the budget year. Financial support consists of guaranteeing principal and interest on credit obligations.