News
UniCredit Bulbank’s customers banking on the internet increase with 65% per year
Over 10 mio transaction contacts per year were reported through the ATMs of UniCredit Bulbank
UniCredit’s Quarterly Analysis of CEE Economy: In 2012 in Bulgaria inflation will be low and GDP growth rate will increase
Low inflation and an accelerated GDP growth rate up to 3.3% p.a. in 2012 are some of the expectations for Bulgaria, pointed out in the latest quarterly analysis of CEE countries’ economies drafted by UniCredit’s team of analysts.
According to an analysis of Pioneer Investments: The rich in Europe will buy more and more shares
According to forecasts, by the end of the year 35% of their assets will be in shares
UniCredit Bulbank distributes dividend and plans capital increase with nearly BGN 160 mio
UniCredit Bulbank distributes as dividend its profit for 2010 amounting to BGN 158.7 mio. This decision was voted by the shareholders of the Bank at the regular general meeting held on 31 May 2011.
Bulgarian households’ analysis: Less than 5% of the households have two thirds of the deposits
Financial assets of households increased by a healthy 12.2% YoY in 2010, led primarily by savings in deposits, perceived as safe heaven and made more attractive by the banks through appealing interest rates offered.
Business presentation of UniCredit: “When and how will lending in CEE fully recover?”: CEE Economies must turn to the production sectors
The recovery of the production and manufacturing sectors of the economies in the Central and East European countries (CEE) is much faster than on the mature markets.
CEE Household Wealth and Debt Monitor 2011: Conditions for households are normalising, but challenges persist
Income growth should support some resumption of household debt appetite
UniCredit Group in first quarter 2011: net profit of €810 million, with both an increase in revenues and a decrease in net write downs of loans
In first quarter 2011 operating income rises 7% QoQ to €6,928 million, with all the main components posting a solid performance. With respect to the same quarter of 2010 there is also an increase of 2.7% YoY.
Adapting the growth model to the post-crisis changes in the external and internal conditions
According to the economists of UniCredit, in the post-crisis period the Bulgarian economy will have a more balanced structure in which all components of the end–user demand, including net export, will contribute positively to growth.
UniCredit Bulbank Chief Economist at “Banks, Investments, Money”: Reversing of negative tendencies regarding credit growth and quality getting close
Reversing of the negative tendencies in relation to credits – both in terms of growth and quality – in the near future is what UniCredit Bulbank Chief Economist Kristofor Pavlov predicted at the 9th International Financial Forum “Banks, Investment, Money”.