There are several legends about who founded Bansko. According to one of them, Bansko was founded by people who lived in Dobarsko, a village in Rila, itself according to a legend founded by the blinded army of Tsar Samuil. Another legend claims that Bansko was founded by an Italian painter by the name of Ciociolino, hence the existence of the name Chucholin in Bansko.
Still according to another version it was a Slavic tribe called the Peruns, who lived in Pirin and worshiped Perun, that founded the village later to become a town. There are a number of ethnographic texts, legends, prayers and oratories, which lend credence to this legend.
The archeological traces of the inhabitants of Bansko and the Razlog Valley in general date to the early periods of the Roman Empire. There are several housing structures at the outskirts of the town, which date to 100 BC. However, there is no consensus nor credible theory on who these people were.
Bansko became part of Bulgaria, during the reign of Khan Krum, most probably around 811 AD and has been part of Bulgaria, ever since.
The Bulgarian Evangelical Church Community, the first Protestant church in Bulgaria, was founded in Bansko on 6 August 1868.
In recent years, the town has gained international popularity as a pop and jazz scene after the start of the annual Bansko Jazz Festival and consequently the annual Bansko pop-star concert featuring top pop star.
Bansko has recently hosted FIS World Cup alpine ski races: the women raced in 2009 in two downhills and a super G. The men's circuit made its first stop at Bansko in 2011 with a super combined and a slalom. It hosted the mens giant slalom in February 2012 and the FIS World Cup ladies' downhill and super G, and men's giant slalom and slalom.
Alpine and biathlon competitions take place regularly. It is expected that the summer biathlon world cup will also take place in the resort of Bansko.
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