The capital increase is to support the dynamic development of Raiffeisenbank on the Bulgarian market.

The clients of Raiffeisenbank (Bulgaria) EAD can receive a preliminary approval for customer loans within 15 minutes over the telephone calling Raiffeisendirect at 0700 10 000, at the cost of a local phone call.

The interests are defined according to the duration of the re-payment period. The bank finances up to 80% of the market cost of the mortgaged property, with 12 month grace period.

The system Expres-M offers easy, convenient, express and reliable money transfers in BGN currency on the territory of Bulgaria.

The Microloans will be granted for the amount of up to BGN 10,000, at 15% interest rate p.a. The repayment term has been prolonged to 36 months, while the loan is guaranteed only by a promissory note.

“The results for the third quarter are excellent and we are particularly satisfied with the fact that Raiffeisenbank is increasing its market share while at the same time improving its efficiency ratios."