News
The intetnational rating agency Fitch affirmed the Support rating of UniCredit Bulbank at “2”.
This is the highest possible support rating at the moment.
The rating reflects “that there continues to be a high probability of support from the bank’s ultimate majority shareholder”. Unicredit indirectly owns 92% from UniCredit Bulbank through UniCredit Bank Austria with rating 'A'/Stable/'F1'.
According to Fitch “Central and Eastern Europe is a strategically important region for UniCredit in the medium term”.
In its report Fitch notes that UniCredit Bulbank “has a strong domestic franchise, and is the largest bank by total assets. It is also the leading bank in terms of corporate loans and deposits in Bulgaria.”
Two weeks ago the international credit agency Standard and Poor’s upgraded the rating of UniCredit Bulbank, following the upgrade of the rating of Bulgaria. This the bank has a rating, equal to the rating of Bulgaria, BBB/Stable/A-2.
More information for media:
UniCredit Bulbank, Identity & Communications Department
Viktoria Blajeva, Phone: + 359 2 9264 993, wjlj/ebwjepwbAvojdsfejuhspvq/ch
Ekaterina Ancheva, Phone: + 359 2 9264 963, flbufsjob/bodifwbAvojdsfejuhspvq/ch
Magdalena Ivanova, Phone: + 359 2 9232 528, nbhebmfob/jwbopwbAvojdsfejuhspvq/ch