Piraeus Bank outran First Investment Bank in terms of assets moving to number six in the table in April 2008, central bank statistics showed.
Five years ago the Greek bank was one of the small branches of foreign banks in Bulgaria. A year later it grew into the
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biggest foreign branch. Next it acquired Bulgaria’s 14-th lender, Eurobank, muscling in among the top ten.
Allianz Bulgaria moved one step up to number ten by assets ousting Central Cooperative Bank and Corporate Commercial Bank.
The assets of the Bulgarian banking system stood at 61.3 bln levs gaining more than 1.8 bln levs in April. (1EUR = 1.95 levs)
Source: Pari, P6
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