News
Bulbank Reports BGN 96.1 Million Consolidated Profit for 2005
The Annual meeting of shareholders of Bulbank held this morning approved the results of the Bank for 2005.
Bulbank Open First Lending Centre in Stara Zagora
Bulbank opened today the first retail lending centre in Stara Zagora, totally dedicated to mortgages and consumer loans to individuals. The Centre will be opened till 7.00 p.m. during business days and Saturdays before noon, which will allow more people to visit it at their convenience
From the beginning of April this year Bulbank Mortgages Without Prepayment Fee
From the beginning of April this year Bulbank started mortgages promotion keeping the interest levels from the beginning of the year, but now the clients of the Bank will not be charged with prepayment fee for the whole duration of the credit.
Bulbank ATM Network Process Chip-cards. Daily more than 100 chip-card
Bulbank successfully ended the EMV certification process and now processes chip-cards in the network of ATMs in the country. Up to now more than half of the total ATM-network is upgraded, mainly in the bigger cities and the seaside resorts.
Bulbank and UniCredit Clarima Banca signed a Joint Venture agreement to establish Clarima Bulgaria
Bulbank and UniCredit Clarima Banca signed a Joint Venture agreement to establish Clarima Bulgaria, financial institution specialised in consumer lending products.
Integration of Bulbank, HVB Bank Biochim and Hebros Bank Planned
UniCredit and Bank Austria Creditanstalt, a member of UniCredit Group, are planning an integration of their Bulgarian subsidiaries Bulbank, HVB Bank Biochim and Hebros Bank.
Bulbank Enters Investment Banking Market. Bulbank will help companies attracting own capital via public offering of shares.
Bulbank created an investment banking division in early 2006 with the task of structuring, organising and placing corporate bonds. Bulbank will help companies attracting own capital via public offering of shares.
Bulbank Increases Deposit Interest Rates for individuals in BGN and foreign currency
Bulbank has changed the interest levels on deposits for individuals in BGN and foreign currency. New interests are valid since the beginning of January.
The rating agency Standard and Poor’s revised and upgraded Bulbank
The rating agency Standard and Poor’s revised and upgraded Bulbank from stable to positive outlook.
Pioneer Investments Manages Assets for more than BGN 50 Million
The company is leader on the local mutual fund market with market share of 37%