UniCredit Bulbank ranks eight among the best 100 banks in Southeast Europe (SEE) according to SeeNews Ranking. The bank ranks number one among the Bulgarian participants in terms of size. This year Bulgaria has the largest number of representatives in the reputable list, whereas in 2012 Romania was the country with the largest number of participants.

UniCredit Bulbank retains its position of the biggest Bulgarian bank by asset size according to the SEE Bank Ranking.

The SeeNews TOP 100 Ranking has three main categories in which the best companies from the SEE region compete: SEE TOP 100 Companies, TOP 100 Banks and TOP 100 Insurance companies. The companies in the banking sector are ranked according to the total asset volume. The Romanian bank Banca Comerciala Romana took the lead again in this year’s edition. The banks ranked in the top five retained the position they had achieved in 2012.

The sixth edition of SeeNews TOP 100 SEE was officially presented at the prestigious business event EU-Balkan Summit, organized by The Economist. Presidents, prime ministers, ministers from Southeast Europe, representatives of the European Commission as well as leaders of financial institutions and private companies attended the conference. Despite the unsatisfactory economic activity the delegates regarded the economic growth in some SEE countries as a positive fact.

“The greatest challenge SEE countries have to face is to secure growth and create jobs, as the two are interrelated. We expect a rise in growth in SEE countries in 2013”, said Dimitris Tsitsiragos of the International Finance Corporation (IFC), a member of the World Bank Group which focuses on private sector growth. “Despite the modest rate of growth this is a positive aspect in comparison to the situation in other parts of Europe”.

UniCredit Bulbank is a leader on the Bulgarian market in terms of operational effectiveness and financial stability. At the end of September 2013 its assets totaled BGN 12.7 bn, which is a 2.9% increase compared to the same period in 2012 thanks to the increasing credit portfolio. In September 2013 the market share of the bank’s assets totaled 15%, and the total Capital Adequacy Ratio totaled 19.3%, which is much higher than the required minimum of 12% set by the Bulgarian National Bank.

More information for media:

UniCredit Bulbank, Identity & Communications Department

Viktoria Blajeva, Phone: + 359 2 9264 993, wjlj/ebwjepwbAvojdsfejuhspvq/ch

Ekaterina Ancheva, Phone: + 359 2 9264 963, flbufsjob/bodifwbAvojdsfejuhspvq/ch

Magdalena Ivanova, Phone: + 359 2 9232 528, nbhebmfob/jwbopwbAvojdsfejuhspvq/ch