BOYANOV & Co. Advised Eurobank Bulgaria on the Acquisition of BNP Paribas Personal Finance – Bulgaria branch
June, 2023 - Sofia, Bulgaria
BOYANOV & Co. advised Eurobank (Bulgaria) – the fourth-largest banking institution in the country based on assets, on the acquisition of BNP Paribas Personal Finance – Bulgarian branch, the Bulgarian business establishment of the French BNP Paribas Group.
BOYANOV & Co. provided crucial support in obtaining concentration clearance from the Bulgarian Commission for Protection of the Competition as well as in relation to the regulatory permit for the deal and the preparation of the closing process.
This acquisition strengthens Eurobank’s position in the Bulgarian retail sector, while it also provides significant opportunities for improved customer service to the clients of both units and the implementation of innovative digital solutions for customers on a larger scale.
This is the fourth bank acquisition that BOYANOV & Co. has been engaged in to support Eurobank Bulgaria.
The team was led by Partners Peter Petrov and Yordan Naydenov, and Senior counsel Svetlina Kortenska, and also included Senior Associate Deyan Terziev, Associate Adriana Bakalova, and Junior Associate Teodora Peycheva.
