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The household investment growth is outpacing the deposit growth

In the last 5 years (from 2018 to 2022), the average annual growth of investments in mutual funds in the country was 20%. 

Successful transaction in the field of renewable energy resources with Alpiq

The Corporate Finance Advisory units of UniCredit in Bulgaria, Vienna and Italy have advised Alpiq - one of the key clients for the Group on a successful transaction in the field of renewable energy resources with Alpiq.

"FAR" shares announced for sale

UniCredit Bulbank has announced the sale under the Pledges Act of 212,500 dematerialised shares of the capital of FAR AD pledged in favour of the bank.

Dalibor Ćubela becomes Deputy CEO of UniCredit Bulbank

The Supervisory Board of UniCredit Bulbank had approved the appointment of Dalibor Ćubela as Deputy CEO and Deputy Chairman of the Management Board UniCredit Bulbank in Bulgaria. The appointment is subject to approval from the local authorities.

UCB and BDB Group signed an agreement of over BGN 200 million to guarantee loans

UniCredit Bulbank and the National Guarantee Fund (NGF), part of the Bulgarian Development Bank Group (BDB), signed the 11th agreement in a row to guarantee a portfolio of loans to finance Bulgarian micro, small and medium enterprises (SMEs) with a total portfolio of BGN 200 million.

At the beginning of 2023, every 10th consumer loan contract in UCB is digitally concluded

The growing portfolio of digital products, robotization and automation of key processes encourage UniCredit's customers in Bulgaria to take advantage of the convenience of digital channels. 

UniCredit launches the offering of new pre-approved loans for small businesses in CEE

UniCredit launches the offering of pre-approved loans to support small businesses in seven countries in Central and Eastern Europe: Bulgaria, Croatia, Serbia, the Czech Republic, Slovakia, Romania and Hungary.

UniCredit Bulbank offers a completely remote service model for corporate clients

UniCredit Bulbank offers a fully remote service model for corporate clients through which they can rely on a remote relationship manager and benefit from fully remote banking services. 

UniCredit Bulbank’s economists raise Bulgaria’s GDP growth forecast for 2023 to 1.3 %

In the latest report of UniCredit Bulbank’s economists, the 2023 real-growth forecast is raised by 0.8%, to 1.3%, to reflect a weaker slowdown in exports and slightly lower inflation than initially expected three months ago. 

Changes in the Supervisory Board of UniCredit Bulbank

The Bank’s General Meeting of Shareholders nominated Emilia Palibachiyska and Teodora Petkova as Chair and Vice-Chair of the Supervisory Board of UniCredit Bulbank.