Fibank explores strategic options, including new investors

Fibank (5F4 BU), 3rd largest bank in Bulgaria, explores strategic options and hired Citigroup Global Markets Limited as a financial adviser, the Company announced in a regulatory filing. The strategic opportunities include: Entering a strategic partnership and/or consolidation; Attracting new core investors; Raising capital to fund future growth. No time frame for the initiated exploration… Read more

Predictions 2017, Bulgarian stock market

Outlook 2017: Bulgarian stocks continue on the upside, attracting new investment and IPOs

Sofia bourse blue-chip index SOFIX will add 20% gains more in 2017 after the lucky approx. 30% profit for investors in 2016 – this is what ELANA Trading chief investment consultant Tsvetoslav Tsachev wrote in the annual predictions on financial markets. The analysis of the Bulgarian stock market says investors’ mood has been diverted towards… Read more