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The decision of ECB leads to pressure on revenues in Bulgaria too

The decision of ECB for deeper negative interest rates on excess reserves will put pressure on the revenues of banks in the eurozone and in Bulgaria as well. The effect felt by Bulgarian banks will be even stronger for several reasons.

ECB will give up on negative interest rates on excess reserves long before that could turn into a serious burden on banks

With its decision of today, ECB has made yet another move towards lowering interest rates on commercial banks’ excess reserves. What does that mean regarding interest rates at which banks grant loans and attract deposits from households and companies in the eurozone, and how far can ECB go along the way of deeper negative rates?

From the series: “Finance for Non-Financiers” in the UniCredit Bulbank blog: Free courses offered by the world’s top universities are drawing to a close. Check out five not to miss

UniCredit Bulbank is pleased to share its own selection of still free courses on finance and personal budget management taught by distinguished and globally recognized scientists and professors.

Information about registered OTC deal with shares of the public company SPARKY ELTOS AD

UniCredit Bulbank, acting as registration agent, registered OTC deal with shares of the public company SPARKY ELTOS AD

UniCredit Bulbank will serve customers during the official holidays at the beginning of March

Branches of the bank will be open on the very day of Bulgaria's national holiday

13th Annual Responsible Business Awards of the Bulgarian Business Leaders Forum: The Leadership Academy won first prize for Investment in Human Capital at the Responsible Business Awards

The Leadership Academy initiative of Unicredit Bulbank jointly with the Council of Women in Business in Bulgaria won the big award for Investment in Human Capital at the 13th Annual Responsible Business Awards of the Bulgarian Business Leaders Forum.

Bulbank Pay won the IT Project of the Year award in the corporate sector

The integrated service platform Bulbank Pay of UniCredit Bulbank is the big winner in the Corporate Sector category of the annual awards for IT Project of the Year of ICT Media and Computerworld, which are celebrating their 25th anniversary this year.

“Innovations in Bulgarian Agriculture” Conference supported by UniCredit Bulbank: Innovations are a direct way to increasing the competitiveness of agricultural holdings in Bulgaria

Innovations are essential to the competitiveness of agricultural holdings and are a direct way to its improvement. He added that “Investment measures help but with them the results come more slowly”.