The capital increase underlines the shareholders’ support for a continuation of Raiffeisenbank Bulgaria’s growth strategy.

The funds will be provided not latter then the end of November. As of today Raiffesenbank has financed companies from Bulgartabak Holding for BGN 6 million.

Raiffeisenbank Bulgaria (RBBG) bought more than 42 % - a total of EUR 1,266,000 - of the bond issued by the City of Varna and was by far the biggest investor in this issue.

"Not only has the RZB Group defied the adverse economic situation, but has also expanded its banking network in CEE substantially, intensified customer business in both Austria and CEE and brought its newly structured investment banking division to a good start".

The Internet services of RZB Group were selected as winners of not less than twelve awards, among them the prestigious “World’s Best Consumer Online Securities Trading”, “Best Corporate/Institutional Internet Bank in Europe” and “Best Consumer Integrated Site in Europe”

RBBG managed to open additionally 10 branches bringing their total number to currently 24, thus effectively covering all major regions of Bulgaria. Staff numbers increased by 80 and reached a total of 420.