Company Overview of Raiffeisenbank (Bulgaria) EAD
Raiffeisenbank (Bulgaria) EAD provides various banking products and services in Bulgaria and internationally. It operates through four segments: Retail Customers, Large Corporate, SMEs, and Proprietary Business. The company accepts various deposits, such as savings accounts, term deposits, mix deposits, child deposits, joint accounts/fixed deposits, current accounts, accounts of municipalities and municipal structures, and capital registration accounts. Its loan products include consumer, housing, and student loans; overdrafts; investment and working capital loans, credit products to farmers or individuals operating in rural and mountain regions, and agricultural loans, as well as loans for ...
55 Nikola Vaptsarov Boulevard
Founded in 1994
359 2 91 985 101
359 2 943 45 28
Key Executives for Raiffeisenbank (Bulgaria) EAD
Chairman of Management Board and Chief Executive Officer
Chief Financial Officer, Chief Operating Officer, Executive Director and Member of Management Board
Head of Real Estate Agency
Head of Executive Secretariat Department
Head of Organization, Process & Project Management Department
Compensation as of Fiscal Year 2017.
Raiffeisenbank (Bulgaria) EAD Key Developments
Raiffeisenbank (Bulgaria) Reports Earnings Results for the First Quarter Ended March 2017
May 17 17
Raiffeisenbank (Bulgaria) reported earnings results for the first quarter ended March 2017. For the quarter, the company net interest income was €26 million against €28 million a year ago. Operating income was €38 million against €38 million a year ago. After-tax profit was €17 million against €24 million a year ago.
European Investment Fund Signs Guarantee Deals with 5 Bulgarian Banks in Support of Small and Medium-Sized Enterprises
Nov 21 16
European Investment Fund (EIF) has announced that it has signed guarantee agreements with five Bulgarian banks which will generate a total of EUR 385 million ($408.9 million) of finance to small and medium-sized enterprises (SMEs) in the country. The agreements signed with United Bulgarian Bank, Raiffeisenbank Bulgaria, UniCredit Bulbank, Procredit Bank and CIBank, aim to improve access to finance for over 4,000 Bulgarian SMEs, including micro companies and start-ups, by ensuring that the banks committed to the SME initiative offer financing at lower interest rates. The five guarantee transactions are covering two-thirds of the target 600 million euro of total SME funding available under the initiative. The SME Initiative is a joint programme blending support from the European Commission, EIB Group and EU member states with a view to stimulating SME financing by providing partial risk cover for SME loan portfolios originated by financial entities. Alongside European structural and investment funds contributed by member states, the SME Initiative is co-funded through Horizon 2020 resources as well as benefiting from EIB Group resources.
Raiffeisenbank (Bulgaria) Announces Earnings Results for the Nine Months Ended September 2016
Nov 16 16
Raiffeisenbank (Bulgaria) announced earnings results for the nine months ended September 2016. For the period, the company's profit from operations rising to EUR 64 million from EUR 34 million in the like period last year. The company generated an operating income of EUR 118 million in the period January-September, down 0.8% on the year, figures from RBI's third quarter financial report showed. Net interest income was EUR 85 million against EUR 88 million a year ago. Net fee and commission income was EUR 31 million against EUR 30 million a year ago.
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