Raiffeisenbank is among the most profitable and efficient financial institutions in Bulgaria for the first half of 2005 with a Return on Equity (RoE) after tax of 32,4 per cent.

To start this service, the clients of Raiffeisenbank (Bulgaria) have to fill up an application form, in which an actual mobile number should be specified.

The credit portfolio of the bank for this segment till end of July 2005 is 243 mln BGN which is an increase of 68 per cent in comparison to the end of 2004. Only for the first 7 months of the year Raiffeisenbank lended over 111 mln BGN to small sized companies.

Profit before tax came to € 273.3 million, representing an increase of 58 per cent or € 100.5 million compared to the same reporting period 2004.

Raiffeisenbank’s mortgage bankers explain to the customers the terms and conditions of the mortgage loans and can cooperate in gathering and filling in the required documents of the bank, till they are submitted to the bank offices.

Both companies and individuals can take on lease new and used cars, trucks, trailers, buses, and agricultural machinery, industrial equipment, machines and real estate.