The 3-year-FRN (Floating Rate Note), totaling BGN100mn, bears a coupon linked to the 3M SOFIBOR plus 50bp. The maturity date is 30 October 2009.
The purchase price for 100 per cent of eBanka's equity amounts to 130 million euros. The book value of eBanka of 42 million euros reflects a Price to Book-value multiple of 3.1.
The countries of SEE are expected to show a real growth rate of their Gross Domestic Product (GDP) by approximately 6 per cent this year and remain one of the engines of European growth.
The bank participates at the real estate fair Imoti Expo in Sofia.
Raiffeisenbank launches its new product – Structured deposit, which gives an opportunity to its clients to get a significantly higher profit than the one on the standard term deposits
hus, the bank extended its network of selling points to103 – 90 bank offices and 13 working places in the departments of the National Revenue Agency.