BEST BANK
HVB Bank Biochim
BEST DEBT HOUSE
ABN Amro
BEST M&A HOUSE
BNP Paribas
HVB Biochim had a vintage year in 2004. It bought Hebros Bank, the tenth-largest bank in Bulgaria, in November – the first time one Bulgarian bank has bought another. But it didn’t lose ground as a consequence of the acquisition.
On the contrary, its profits rose 78%, while those of rival Bulbank, owned by UniCredit, fell over the same period. Biochim’s cost/income ratio also fell an impressive 3% over the year.
Access intelligence that drives action
To unlock this research, enter your email to log in or enquire about access
