The international financial magazine Global Finance announced UniCredit Bulbank as the "Best Trustee Bank in Bulgaria" for 2022. The bank received this recognition for the ninth consecutive year. In addition to Bulgaria, the UniCredit Group has been awarded in five other countries - Bosnia and Herzegovina, Hungary, Serbia, Slovenia and Austria, as well as in Central and Eastern Europe region.

"To be recognised for the ninth year in the row as the best sub-custodian bank is possible only with true dedication and professionalism of the whole team. We are incredibly grateful to Global Finance for appreciation of our commitment and care that the UniCredit Bulbank team provides daily to offer the best service to its customers,"  said Raluca Popescu, Head of Corporate and Investment Banking and Member of the Management Board of UniCredit Bulbank," said Raluca Popescu, Head of Corporate and Investment Banking and Member of the Management Board of UniCredit Bulbank.

Global Finance’s editorial board considered market research, input from expert sources and entries from banks to select the institutions that reliably provide the best services in local markets and regions. The criteria included customer relations, quality of service, competitive pricing, smooth handling of exception items, technology platforms, post-settlement operations, business continuity plans and knowledge of local regulations and practices. Global Finance also obtained input from users of sub-custody services. Performance was judged over the period covering January 1, 2021 through December 31, 2021.

“The pandemic accelerated the pace of digitization for Sub-custodians and these banks continue to adapt in order to provide top-notch securities services to their global clients,” said Joseph D. Giarraputo, publisher and editorial director of Global Finance. “Global Finance’s Sub-custodian Bank Awards honor organizations that offer innovative ideas, efficient solutions and sage advice.”

UniCredit Bulbank has a leading role in Bulgaria in providing custody and depository services to Bulgarian and foreign clients when investing in financial instruments in Bulgaria and over 50 foreign markets.

The assets under guardianship held by UniCredit Bulbank have been growing steadily in recent years, by 10% in 2021 alone.

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