An agreement was reached between Eurobank and BNP Paribas for the acquisition of the latter’s Bulgarian subsidiary.
In particular, according to a relevant announcement, Eurobank Ergasias Services and Holdings (“Eurobank”) announces that it has agreed with BNP Paribas Personal Finance for the acquisition by its subsidiary in Bulgaria, Eurobank Bulgaria AD (“Postbank”) of BNP Paribas Personal Finance Bulgaria.
In particular, Postbank signed a letter granting BNP Paribas Personal Finance the right to sell (put option) BNP Paribas Personal Finance Bulgaria based on agreed terms.
Empowerment
According to the same announcement, since 2007, BNP Paribas Personal Finance has built a strong presence in the Bulgarian consumer credit market. It operates through a network of 44 branches and at the end of September 2022 had total assets of €450m and deposits close to €100m, with strong profitability.
This transaction strengthens Postbank’s position in Bulgarian retail banking, while at the same time creating significant cross-selling opportunities, given BNP Paribas Personal Finance Bulgaria’s customer base, which exceeds 270 thousand customers.
The planned transaction is subject to consultation with BNP Paribas Personal Finance’s employee representative bodies and is expected to be completed in the first half of 2023 subject to receipt of the required regulatory approvals.
στο Google News και μάθετε πρώτοι όλες τις ειδήσειςLatest News
Public Services in Greece to Go Under Review with New Rating Tool
Public services will receive their evaluation scores and feedback directly, fostering a system of accountability and continuous improvement.
Istanbul Earthquake – Greek Prof. Concerned Major Quake Yet to Strike
Responding to concerns over whether a potential major quake in Istanbul could affect Greece, Papazachos was reassuring: “The fault extends as far as Lemnos and the Northern Sporades, but it doesn’t rupture all at once. An earthquake in Istanbul doesn’t have the capacity to directly affect Greek territory.”
Greece 4th Most Popular Summer Destination for Europeans
Southern Europe remains the top choice for Europeans at 41%, though down 8% from last year, likely due to rising temperatures and climate concerns.
Easter Sales Performance and the Source of €4–5 Million in Losses
Easter retail sales were relatively weak this year, with the only "real winners" being the livestock farmers who had lambs to sell.
Hotel Foreclosures Continue to Plague Greece’s Islands
A surge in hotel foreclosures across Greece’s islands threatens small tourism businesses, despite booming visitor numbers and record-breaking travel in 2024.
Athens Launches Task Force to Safeguard Historic City Center
The new municipal unit will ensure compliance to zoning laws, curb noise, and address tourist rental issues starting from the Plaka district.
WTTC: Travel & Tourism to Create 4.5M New Jobs in EU by 2035
This year, international visitor spending is set to reach 573 billion euros, up by more than 11% year-on-year
IMF: US Tariffs Shake Global Economy, Outlook Downbeat
IMF slashes global growth forecast to 2.8% as U.S. tariffs create uncertainty and ‘negative supply shock
First Step Towards New Audiovisual Industry Hub in Drama
The project is set to contribute to the further development of Greece’s film industry and establish Drama as an audiovisual hub in the region
Airbnb Greece – Initial CoS Ruling Deems Tax Circular Unlawful
The case reached the Council of State following annulment applications filed by the Panhellenic Federation of Property Owners (POMIDA)
![Accor: Η βιωσιμότητα «κλειδί» για την ανάπτυξη και ανθεκτικότητα του ελληνικού τουρισμού [έρευνα]](https://www.ot.gr/wp-content/uploads/2025/04/thumbnail-90x90.jpg)
![Οι αλλαγές που υπάρχουν στα φορολογικά έντυπα για τα εισοδήματα του φορολογικού έτους 2024 από ακίνητα [Γ’ Μέρος]](https://www.ot.gr/wp-content/uploads/2025/03/akinita-600x400.jpeg)
![Accor: Η βιωσιμότητα «κλειδί» για την ανάπτυξη και ανθεκτικότητα του ελληνικού τουρισμού [έρευνα]](https://www.ot.gr/wp-content/uploads/2025/04/thumbnail-600x400.jpg)
