#InvestEU: EIF and UniCredit entered into an agreement for 160 million for financing SMEs

UniCredit Bulbank will provide Bulgarian companies with 15 million euro under the programme.

The loans will be with preferential interest rates and reduced collateral.

Mortgage and consumer lending on the rise in 2016 in the context of a reviving housing market

Mortgage and consumer lending in Bulgaria were on the rise in 2016 in the context of a reviving housing market.

In 2016 deposits were continuously increasing, while deposit interest rates — were decreasing

In 2016 there was a continuing upward tendency for deposits to increase, which led to higher liquidity of the banking system. There was also a continuing decrease in interest rates influenced by the policy of the European Central Bank (ECB).

UniCredit enters into an agreement with Amundi to sell Pioneer Investments

UniCredit and Amundi entered into a binding agreement to sell Pioneer Investments with the exception of Pioneer in Poland.

UniCredit sells its stake in the Polish Bank Pekao

UniCredit announced today that it has concluded an agreement for the sale of 32.8 percent of its shares in Bank Pekao to Powszechny Zakład Ubezpieczeń (PZU) and the Polish Development Fund (PFR).

Message for clients of UniCredit Bulbank

Because of technical reasons outside the territory of Bulgaria, on 6th and 7th Dec. some of the incoming and outgoing transfers in foreign currency, as well as the transfers through the payment system RINGS above BGN 100,000  were delayed. By 18:30 on 7th Dec. the technical issues were resolved.

Levon Hampartzoumian for BNT: A good business climate encourages young people to return to Bulgaria

There should be a long-term vision for education for the more vulnerable groups within society.
 

UniCredit Bulbank supports the business relations between Bulgarian and International companies

The delegation is in our country at the invitation of Confindustria (Association of the Italian companies in Bulgaria) and the attending companies are interested in investing here, after in May UniCredit presented in Piacenza the opportunities for doing business in Bulgaria.

Levon Hampartzoumian before Bloomberg TV Bulgaria: People have learned how to manage their money in a better way

"In any case stress tests and a crisis lead to the phenomenon of us being more careful. Our clients today are much more cautious than they were in the period before the crisis 2008-2009", explained the banker.

Lyubomir Mitov: After Brexit, in CEE there is short-term insecurity and mid-term challenges

Bulgaria stands well in the short term, but in the next few years it will have to handle serious challenges