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Finances & Money News and Articles related to District Sofia-city
Current date: 2013-05-23 12:24
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Sofia-city District is located in South-Western Bulgaria. The District consists of 1 municipalities. The regional center is City of Sofia.
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Finances: Management changes for Sofia Branch of BNP Paribas Bulgaria
City of Sofia >> Wednesday, 2012-11-07 02:26
Source: BNP Paribas S.A. - Press release
BNP Paribas S.A . - Sofia Branch (www.bnpparibas.bg) is a corporate and investment bank in Bulgaria . It serves large corporate and institutional clients, spanning the major sectors in the economy. They benefit from a full range of commercial and investment bank services as well as from customer-tailored financial solutions with strong advisory components. BNP Paribas has been present in Bulgaria since 1994. It is also present on the Bulgarian market with its life and credit insurance activities through “...
Finances: The Turkish Is Bankas opening its first bank office in Bulgaria
City of Sofia >> Monday, 2011-11-07 11:02
Source: klassa.bg
" Coming to Bulgaria, our goal is not to extend credits to Turkish companies alone, but to boost Bulgarian businesses as well ", stated the senior management of the largest private Turkish bank Is Bankas at the opening of the first bank office in the country. It was registered as a branch of the German subsidiary division of Isbank GmbH under the so-called European passport, and thus a license from the Bulgarian National Bank was not required. " There are 1,500 Turkish companies operating in the country...
Finances: First Investment Bank extends EUR 59m loan to Kremikovtzi buyer
City of Sofia >> Thursday, 2011-04-14 16:51
Source: Dnevnik.bg
Bulgarian First Investment Bank (Fibank) has provided a EUR 59 million loan to Eltrade Company, the firm which won the tender for the production assets of insolvent steel mill Kremikovtzi on Tuesday, the bank said. " First Investment Bank considers this is an ordinary commercial transaction, which will contribute to the recovery of economic activity in Sofia ," the bank said in a statement on Wednesday. The lender sees no risk of default as the company has already entered into preliminary agreement...
Finances: Municipality of Ruse sells its stake in Sofia-based Municipal Bank
Municipality Rousse >> Tuesday, 2011-03-08 11:19
Source: RuseInfo.net
Bulgaria`s municipality of Ruse plans to sell its 0.287% stake in Sofia -based Municipal Bank. The municipal council of Ruse will vote on the proposed sale in March. The Ruse municipality plans to sell its 10,000 shares with a total par value of BGN 100,000 at BGN 12 per share. Municipal Insurance Company, which owns 9.66% of the bank, has shown interest in the stake. The municipality of Sofia owns 67.51% of Municipal Bank. Another 30.27% are in the hands of 18 municipal companies and the rest ...
Finances: Discussion about Euro addoption in Sofia
City of Sofia >> Tuesday, 2009-12-08 15:32
Source: StandartNews
" Unfortunately, there is some fatigue in the old member states, some concentration on internal issues and less and less willingness to open the door to new members. We are now in a position of shooting at a moving target ," Bulgarian National Bank (BNB) Governor Ivan Iskrov said during a discussion on the challenges to the adoption of the common European currency, Euro, organized by the Open Society Institute in Sofia . Mr. Iskrov went on to say that Bulgaria was trying hard to meet the technical requ...
Finances: Bulgarian National Bank reduces regulations for commercial banks
City of Sofia >> Monday, 2009-12-07 02:00
Source: Focus Agency
Sofia : The Bulgarian National Bank (BNB) will reduce regulations for commercial banks, BNB Governor Ivan Iskrov announced, as cited by Pari Daily. Changes will aim at providing banks with more flexibility when collecting liabilities and more options for use of the accumulated buffers. In order to achieve the goals the BNB Governing Council has discussed amendments to Ordinance 8 and Ordinance 9, concerning capital solvency and specific provisions. The measures will have positive effect on the banki...
Finances: Bulgaria GDP Dropped 4.8% in Q2 of 2009
City of Sofia >> Tuesday, 2009-08-18 01:40
Source: BTA
Sofia , August 17 (BTA) - Bulgaria`s gross domestic product dropped by 4.8 per cent in the second quarter of 2009 from the like period a year ago, according to estimates released by the National Statistical Institute (NSI) on Monday. In the first half of 2009, the GDP was down 4.2 per cent in real terms, year-on-year. In nominal terms, the GDP value at current prices for the second quarter of 2009 is estimated at 15,826 million leva. The January-June 2009 current GDP volume amounts to 29,788 million...
Finances: Unipharm JSC - Sofia pay out dividends for 2008
City of Sofia >> Friday, 2009-06-26 06:00
Source: Reporter.gr
Bulgarian drug maker Unipharm Sofia will pay out BGN 0.60 dividend per share (DPS) for 2008 or a total of BGN 600.000 out of its BGN 1.5 million net profit, the company said. The company turned to a net loss of BGN 60.000 in the first quarter versus a net profit of BGN 1.2 million in the respective period last year. Sales dropped by 12.7% in the first quarter, while operating expenses jumped by 21.3%
Finances: Postbank acquired 16% of Sofia Sheraton Hotel
City of Sofia >> Tuesday, 2009-05-26 07:00
Source: Focus Agency
Sofia. EFG Securities Bulgaria, a subsidiary of Postbank, acquired 16% of the capital of Sofia Hotel Balkan (the Sheraton Hotel), the Standart Daily informed. 76 051 shares were transferred at BGN 37,985 per share. The Hotel reported a loss of BGN 442 thousand in Q1.
Finances: Balkantourist Elit will be delisted from the BG Stock Exchange
City of Sofia >> Tuesday, 2009-03-24 02:00
Source: Dnevnik.bg
Sofia : Bulgarian industrial and tourism group Balkantourist Elit will be delisted from the Bulgarian Stock Exchange, it emerged after the close of the buyout bid by majority owner Liechtenstein-based industrial company PFHC Establishment. Although none of the nearly 90,000 minority shareholders accepted the offer, under local legislation PFHC Establishment now owns their stocks as it controls over 95% in the company’s capital. By March 25 PFHC Establishment will pay BGN 1.93 a share as announced in the bu...[1] [2] [3] [4] [5] [6] [7] [8] [9] [10] [11] [12] [13]
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