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Standard and Poor’s equalised UniCredit Bulbank’s rating to follow Bulgaria downgrade

International credit-rating agency Standard & Poor’s equalised UniCredit Bulbank’s rating to follow the downgrade of Bulgaria. The bank’s rating is now 'BB+/B'; Outlook Stable.

Bulgarian banks want to be part of Europe's Single Supervisory Mechanism

It is expected that the economic growth in 2015 will largely depend on the export orientation of the companies.

UniCredit Bulbank will be the managing bank of FLAG Fund EAD

The Fund for Local Authorities and Governments - FLAG EAD signed a new three-year agreement with UniCredit Bulbank for providing a loan for financing of projects under EU programmes implemented by Bulgarian municipalities.

UniCredit reported a profit of €403 m in the second quarter of 2014

The positive financial result considerably exceeds the expectations of financial analysts who forecasted a profit of € 330 m.

An analysis by UniCredit Bulbank: The number of women paying by bank cards has doubled in 5 years

In 5 years the average amount per payment at POS terminals has decreased twofold, yet the number of transactions has grown by 110%

UniCredit Bulbank gives a discount of 20% on the fee to purchase shares in Pioneer Investment Funds

Funds' assets exceeded BGN 300 million, strengthening their leadership position on the Bulgarian market

UniCredit Bulbank and EIF sign an agreement for financing micro-enterprises

This agreement will allow UniCredit Bulbank to provide enhanced access to finance to entrepreneurs in Bulgaria, especially those who face difficulties in accessing credit from traditional banking sources.

UniCredit and the European Investment Fund have signed a Guarantee Umbrella Facility for five countries in Central and Eastern Europe

The European Investment Fund (EIF) and UniCredit Bank Austria have signed RSI guarantee agreements to support lending to innovative small and medium-sized enterprises.

Banks and institutional investors have to work together to implement more infrastructure projects

Local capital has to be used in developing countries in order to finance long-term projects

CEE Households´ Net Financial Wealth Doubled Over the Last Nine Years

The net financial wealth of CEE households has more than doubled since 2004; in 2013 it reached around EUR 780 billion.