Bulbank opened toady its newest filial in Sofia. The new branch is situated at 27, Tvardishki prohod Str. (and Bulgaria Blvd.) and will replace the old and outdated outlet in at Rodopski Izvor Str. closed down at the end of January 2005. As a result Bulbank will have a network of 15 branches in Sofia, thus reaching 94 branches throughout the country.\

The new filial will offer the full range of Bulbank's products and services to individual and small business clients as well as to corporate clients. The opening is part of Bank's strategy for branch network expansion with a particular focus to increase its commercial presence in Sofia, following recent opening of the new filial at "Business Park - Sofia" last month.

"We know our products and services are well received by our clients, but also location and proximity in a friendly and modern working environment are important, especially for individual and small business clients and we want to be closer and closer to existing and prospective clients. This new opening is part of our strategy to expand our branch network, starting first with Sofia, in order to make more easily available our products and services to a larger number of clients and to expand our presence especially in retail banking," Mr. Alessandro Decio, Chief Operating Officer said.

Clients of the new filial of Bulbank will receive special significant discounts on mortgage loans, credit cards, on line banking and other key products till the end of April 2005, with a special welcome gift for all prospective clients entering in the Branch, as part of a promotion to encourage more and more prospective clients to test the quality of Bulbank's services and products.