RSS29 September 2006, Friday
The shares for Bulgaria's bank were sold for EUR 157.76 M, EUR 110 M of them in cash, along with 2 million of EFG Eurobank shares.
DZI Bank ranks eleventh in the Bulgarian banking system and has a 3% market share, with a network of 21 branches and 95 points of sale. It has total assets of USD 717 M and a market capitalisation of USD175 M.
The DZI Financial group owns around 70% of DZI Bank and the Bank Austria Creditanstalt owns 20% of DZI.
The company is run by Vesela Kyuleva, the spouse of top banker Emil Kyulev who was shot dead a year ago.
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