Fitch affirms UniCredit Bulbank's support rating at ‘2‘
Fitch Ratings has confirmed UniCredit Bulbank’s (UCB) Support Rating at ‘2’. This is the highest possible rating support that the bank can get now because of the limitation that comes from Bulgaria's rating 'BBB +'.
UniCredit Leasing is leader in new business and market share for a second quarter in a row
UniCredit Leasing is top performer by new business volume and market share according to information from the Bulgarian Leasing Association (BLA) for a second quarter in a row in 2011.
Standard and Poors confirmed the rating of UniCredit Bulbank
The international credit rating agency Standard and Poor’s confirmed the rating and the stable outlook of UniCredit Bulbank after reviewing its current performance. The rating is BBB/Stable/A-3 and thus is the highest rating from S&P in Bulgaria and equal to the rating of the country.
Financial results for H1 of 2011: UniCredit shows better than expected results
With profit for Q2 of 511 euro million UniCredit outperforms the market expectations. The consensus was for an expected profit of 471 million euro. The profit is 616 million euro without the agreed 105 million euro impairment on Greek bonds net of taxes.
Analysis of the economic team of UniCredit Bulbank of the Bulgarian economy development: Investments will grow by 8% annually in the post-crisis period
The investments in the Bulgarian economy will be growing by an average of 6% to 8% year-on-year in the post-crisis period according to an analysis of the economic team of UniCredit Bulbank.
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.