The Bulgarian-American Credit Bank (BACB) recently finalized the appointment of Alexander Dimitrov Dimitrov to its management board and to the position of executive director and representative of the bank.
Citing concerns over a potential lack of competition, the European Commission (EC) recently prohibited a planned takeover of Cemex Croatia by HeidelbergCement and Schwenk joint venture company Duna Dráva Cement (DDC).
UniCredit Bulbank's CEO and management board chairman Levon Hampartzoumian has been named CEO of the Year for Central and Eastern Europe and Commonwealth of Independent States regions by EMEA Finance, an international finance magazine.
In keeping with its philosophy of resiliency being a key quality for successful economies, the European Bank for Reconstruction and Development (EBRD) recently supplied a syndicated loan of $32 million to Turkey’s Hayat Varlık.
Board members from the European Bank for Reconstruction and Development (EBRD) are visiting Albania to meet with government officials, entrepreneurs and representatives of civic organizations, according to an EBRD press release.
The Bulgarian National Bank's (BNB) recently released monetary, deposit and credit indicators for February show that figures for broad money experienced a slight dip for annual growth compared to January.