The two parties reached an agreement on the issuance of bank guarantees signed with a Qualified Electronic Signature (QES). The exchange of documentation will become digital, which will significantly facilitate and speed up the process.

In search of new and improved digital solutions, UniCredit Bulbank is the first on the Bulgarian market to offer the solution in the Trade finance field, which will optimize the physical exchange of documents with IBEX and will shorten the time for providing bank guarantees.

Since 2015, UniCredit Bulbank offers its clients a fully digital solution in the field through the Trade Finance Module in the electronic banking platform - Bulbank Online. The possibility for fully remote management of all transactions Trade financing is among the distinguishing factors leading to high customer satisfaction and facilitated banking for legal entities.

"This is another step with which we are taking to upgrade the digitalization in the issuance of bank guarantees", commented Hristiana Karamocheva, Senior Manager of the Trade Service Advisory Unit at UniCredit Bulbank

„We are aware that nowadays, more and more of our clients prefer to execute their bank operations remotely. All we do is underpinned by a client centric approach, so we focus on fostering customers’ service excellence and pioneer solutions supporting their daily business activity. This also allows us to simplify and accelerate our daily processes – to be more operationally effective paperless and maintain better traceability and archive of the documents.”  - commented Raluca Popescu, Head of Corporate & Investment Banking at UniCredit Bulbank.

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Additional media information:

Ekaterina Ancheva, tel +359 894 518 193 , flbufsjob/bodifwbAvojdsfejuhspvq/ch

Darina Radoslavova, tel +359 887 505273, Ebsjob/SbeptmbwpwbAVojDsfejuHspvq/CH