Latest articles from Bulgaria

Bulgarian banks in limbo

Crisis leaves Bulgaria's banks in limbo

September 1, 2014

Bulgaria’s recent banking crisis and the resignation of its government have left its financial sector in a state of limbo awaiting elections in October. 

Boyko Borisov

Tough road ahead for Bulgaria's banks

May 1, 2013

The Bulgarian banking sector has not needed government assistance in the wake of the financial crisis, but its slow growth rates and high non-performing loans do not make an inspiring combination.

Rebuilding the Greek banking scene

January 3, 2013
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A series of mergers will change the shape of the Greek banking sector, with three dominant players pulling away from the pack.

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Bulgaria and Romania defy Eurozone woes

July 28, 2010

Greek banks control at least a fifth of the banking markets in Bulgaria and Romania but, despite this exposure to one of Europe's more troubled economies, bankers in the two countries believe there will still be a sufficient supply of credit to meet demand. Writer Philip Alexander

Long-term finance in troubled times

June 4, 2009

The importance of small regional development banks in emerging Europe has surged as credit ratings decline and global commercial banks cut back project and trade finance. Writer Philip Alexander

To the Balkans and Beyond

May 5, 2009

Over the past decade, Greece's leading banks have expanded into south-east Europe. To remain competitive, however, they will now need to weather the financial storm and continue to focus on increasing their presence in the Balkans and the rest of eastern Europe. Writer Kerin Hope

Hurdles still to jump on the track into Europe

July 3, 2006

Bulgaria’s foreign-owned banks are attempting to speed up the transition to EU accession, bringing a huge growth in retail banking. But there are still problems to resolve, Tom Blass reports.

Russia establishes two development banks

July 3, 2006

Russia is beginning to tackle more fundamental problems with its economy. With advice from Germany’s KfW, it is boosting its banking system. Ben Aris reports from Moscow.

Bulgaria

January 2, 2006

Raiffeisenbank Bulgaria
Momtchil Andreev, CEO

Foreign banks’ domination of Bulgaria set to continue

November 7, 2005

With more than 83% of Bulgaria’s banking assets under the control of foreign banks or financial institutions, who has gained from the country’s banking privatisation in the past decade?

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