Sopharma AD notifies that for June 2019 the Company recorded an increase in sales of 1% compared to the same month of 2018, incl. 6% decrease in sales for the domestic market and 7% growth in export sales.
United Bulgarian Bank, part of the Belgian KBC Group, is the winner of the Bank of the Year Award, awarded by the Bank of the Year Association, at the official ceremony on July 3, 2019 in Sofia.
Small and medium-sized enterprises in south-eastern Europe will benefit from a €10 million equity investment by the EBRD in the Invera Private Equity Fund.
Mr. Andrea Enria, Chair of the Supervisory Board of the Single Supervisory Mechanism (SSM) at the European Central Bank, visited Athens and the Bank of Greece.
From 14.09.2019. changes to the Bank's Payment Terms and Conditions in the Online Banking section will apply, related to the application of the legal requirements for the in-depth identification of payment service users in online banking.
Tören Gıda, a family-owned Turkish confectionary manufacturer, will expand production with the help of a US$1 million loan provided jointly by the EBRD and Turkiye Sinai Kalkinma Bankasi (the Industrial Development Bank of Turkey or TSKB).
In June 2019, the annual growth rate of total credit extended to the domestic economy stood at -0.3% from 0.1% in the previous month, while the monthly net flow was negative at €171 million, compared with a negative net flow of €597 million in the previous month.