Bulbank Reports 18% Increase in Net Profit for 2003 to BGN 93Mn
Bulbank, the largest Bulgarian bank, reports positive results with 18% of growth in profit as a result of further development of its commercial operations.
New Interest Rates of Bulbank Mortages, 8.88% annually
Till the end of June 2004 Bulbank is offering new particularly attractive interest rate of 8.88% annually for all its mortgage loans. The offer also includes an additional decrease of up to 50% of all fees and commissions.
Bulbank celebrates its 40-year anniversary as the biggest Bulgarian bank
Bulbank celebrates its 40-year anniversary as the biggest Bulgarian bank and as an undisputable leader at the market in terms of assets, net profit and shareholder's equity. Bulbank continuously expands its positions at the credit market of the country, keeping a high quality of assets.
Bulbank Opens the First Retail Lending Centre
Bulbank opened the first in Bulgaria lending centre dedicated to mortgages and consumer loans.
Bulbank Finished Acquisition of a Leasing Company
Bulbank signed the contact for purchase of 100% of the shares of UniLeasing OOD. After the needed court procedures, the entity will be renamed to UniCredit Leasing Bulgaria, fully owned by Bulbank.
Bulbank and Pioneer Investments start the offering in Bulgaria four New Mutual Funds
The new sub-funds enrich the proposals of Pioneer Investments with new options to invest in mutual funds after the start in the beginning of this year.
Alessandro Decio is the New Deputy Chairman of the Management Board of Bulbank
The new Deputy Chairman of the Management Board of Bulbank Alessandro Decio received a certificate from Bulgarian National Bank and officially takes the position of Chief Operating Officer of the Bank.
Changes in the Supervisory Board of the Bulbank
The Extraordinary Meeting of Shareholders of Bulbank, held today in the premises of the Bank, made changes in the Supervisory Board of the Bank.
The rating agency Standard & Poor's increased the long-term credit rating of Bulbank
The rating agency Standard & Poor's increased the long-term credit rating of Bulbank from BB to BB+ with stable outlook. Bulbank remains the only Bulgarian bank with credit rating equal to the one of Bulgaria.
Bulbank Says Goodbye to Luigi Lovaglio Reporting Another Half Year of Excellent Results
Bulbank reported another high performance for the first half of year 2003, announcing that Luigi Lovaglio, Deputy Chairman of Management Board and COO, leaves Bulgaria to join Pekao SA, the leading Polish bank as Vice-president and COO in September 2003.