The financial group TBI, which controls one of the main local insurers Bulstrad, wants to sign a partnership agreement with a local bank, reads Dnevnik daily quoting company CEO Nissim Zarfati. TBI has previously partnered with the country’s 8 th largest Economic and Investment Bank. In addition to its majority stake in Bulstrad, TBI has interests in the country’s largest pension insurance fund Doverie, the leasing firm TBI Leasing, and several asset management entities. On its term, TBI is now indirectly controlled by Austria ’s Wiener Staedtische through the Dutch-registered investment group Kardan.
Source: IntelliNews - Bulgaria Today