In 2016 deposits were continuously increasing, while deposit interest rates — were decreasing
In 2016 there was a continuing upward tendency for deposits to increase, which led to higher liquidity of the banking system. There was also a continuing decrease in interest rates influenced by the policy of the European Central Bank (ECB).
UniCredit enters into an agreement with Amundi to sell Pioneer Investments
UniCredit and Amundi entered into a binding agreement to sell Pioneer Investments with the exception of Pioneer in Poland.
UniCredit sells its stake in the Polish Bank Pekao
UniCredit announced today that it has concluded an agreement for the sale of 32.8 percent of its shares in Bank Pekao to Powszechny Zakład Ubezpieczeń (PZU) and the Polish Development Fund (PFR).
Message for clients of UniCredit Bulbank
Because of technical reasons outside the territory of Bulgaria, on 6th and 7th Dec. some of the incoming and outgoing transfers in foreign currency, as well as the transfers through the payment system RINGS above BGN 100,000 were delayed. By 18:30 on 7th Dec. the technical issues were resolved.
Levon Hampartzoumian for BNT: A good business climate encourages young people to return to Bulgaria
There should be a long-term vision for education for the more vulnerable groups within society.
UniCredit Bulbank supports the business relations between Bulgarian and International companies
The delegation is in our country at the invitation of Confindustria (Association of the Italian companies in Bulgaria) and the attending companies are interested in investing here, after in May UniCredit presented in Piacenza the opportunities for doing business in Bulgaria.
Levon Hampartzoumian before Bloomberg TV Bulgaria: People have learned how to manage their money in a better way
"In any case stress tests and a crisis lead to the phenomenon of us being more careful. Our clients today are much more cautious than they were in the period before the crisis 2008-2009", explained the banker.
Lyubomir Mitov: After Brexit, in CEE there is short-term insecurity and mid-term challenges
Bulgaria stands well in the short term, but in the next few years it will have to handle serious challenges
UniCredit’s results for Q2 2016 better than last year’s and Q1 2016
UniCredit has announced earlier today its net profit for Q2 2016 at EUR 916 million (EUR 687 million net profit after adjustment for one-off deals). The result exceeds the expectations of market analysts for a profit of EUR 664 million.
Kristofor Pavlov: The strong fiscal position will enable the government to compensate much of the negative effect of Brexit on the GDP growth next year
In the short term the economic consequences of the decision of the UK to leave the EU are clear.