UniCredit announces that the rating agency Standard & Poor’s upgraded to “Stable”
UniCredit announces that the rating agency Standard & Poor’s upgraded to “Stable” (from “Negative“) the outlook of UniCredito Italiano SpA and its subsidiaries UniCredit Banca d’Impresa SpA, Locat SpA and Bayerische Hypo-und Vereinsbank AG
Bulbank Establishes Specialized Factoring Company
UniCredit Factoring – Bulgaria is a new company, 100% owned by Bulbank, and specialized in factoring services. Mr. Philip Genov was appointed an Executive Director of the company.
EUR 10 Million Credit Lines to be Extended for Energy Efficiency
Bulbank has signed two new credit line agreements with EBRD for the total amount of EUR 10 mln. The agreements are under the energy efficiency program. In addition to the existing program for financing of companies, Bulbank has started extending consumer loans for energy efficiency.
UniCredit and BA-CA take key steps for organization of CEE business
UniCredit transfers its CEE banking shareholdings to BA-CA (including Turkey, excluding Poland)
International Banks Continue Their Strong Expansion in CEE
Retail lending to remain the main driver of volumes growth, with good macroeconomic prospects supporting a favourable corporate lending performance
Bulbank, HVB Bank Biochim and Hebros Bank Exchange Managers
In order to facilitate the process of integration of Bulbank, HVB Bank Biochim and Hebros Bank, part of UniCredit Group in Bulgaria, the Supervisory Boards of the three Banks took decisions for changes in the composition and responsibilities of the Management Boards of the three institutions
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.
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.
Standard & Poor's raises the long- and short- term counterparty credit and certificate deposit ratings of Bulbank
The ratings of Bulbank reflect its solid position in the Bulgarian banking system, strong capitalization and funding, good profitability, as well as the strong support from its parent - UniCredit, Standard & Poor's announces.