UniCredit sells Bulgarian non-performing credit portfolio to APS and Balbec Capital

UniCredit today announces that, through its subsidiary UCB (Bulgaria), it has reached an agreement with APS and Balbec Capital to sell on a non-recourse basis a portfolio composed of secured and unsecured non-performing loans granted by UCB to SME and Corporate customers.

UCB analysis: Investments of Bulgarians grow by one-fourth year-on-year

In the last 10 years, the volume of the investments of households in Bulgaria reached 250% growth.

EIF and UniCredit Bulbank concluded an agreement to fund start-up, small & medium-sized enterprises

UniCredit Bulbank will provide Bulgarian companies with investment and working-capital funding of 210 million leva. Loans will be provided under preferential conditions - fewer collateral requirements and no guarantee fee. 

UniCredit and the Export-Import Bank of China to Intensify Cooperation in CEE, China and Italy

UniCredit and the Export-Import Bank of China (CEXIM) intensify their cooperation in CEE, China and Italy.

UniCredit has announced the signing of a Memorandum of Understanding (MoU)

UniCredit has announced the signing of a Memorandum of Understanding (MoU) with the Export-Import Bank of China (CEXIM) to assist in establishing and developing long-term relationships in order to promote cooperation between Chinese, Italian and Central Eastern Europe (CEE) companies.

The MoU's ...

UniCredit: Moody's upgrades UniCredit SpA's stand-alone rating

The Rating Agency Moody's has upgraded UniCredit SpA's stand-alone rating to 'baa3' (from 'ba1').

UniCredit: S&P changed UniCredit SpA's outlook to stable from negative

The Rating Agency S&P Global Ratings ("S&P") has changed UniCredit SpA's outlook to stable (from negative).

Financial literacy is a prerequisite for well-being improvement

Teodora Petkova, Chief Executive Officer of UniCredit Bulbank: Financial literacy is a prerequisite for well-being improvement.

Both banks and Bulgarians have adopted a common-sense and conservative approach to loans

Borislav Bangeev is the new Chief Risk Officer and Management Board Member of UniCredit Bulbank

Borislav Bangeev replaced Teodora Petkova who was appointed as a Chair of the Management Board and Chief Executive Officer of UniCredit Bulbank at the beginning of May 2019.

The CEE opportunity: supporting growth in the region

8 May, Sarajevo. At the EBRD 2019 Annual Meeting and Business Forum, UniCredit confirmed its commitment to the CEE region as an important growth engine.