Raiffeisenbank Bulgaria has reported credits and receivables,
including financial leasing, of BGN5.1bn (€2.6bn) for the six
months to the end of June, a 58 per cent increase on figures for
the same period in 2007.
The subsidiary of Austrian banking group Raiffeisen Zentralbank
Österreich AG also reported an H1 net profit of
BGN81.3m (€41.7m) – up 87 per cent from last year – and total
assets of BGN6.9bn (€3.5bn), up 17 per cent from June 2007.
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The central bank of Bulgaria last month announced plans for
tighter legislation of non-banking financial institutions,
including leasing companies.
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