The profit of UCB for 2019, BGN 425.1 million, gets entirely reinvested in the bank’s capital

The Ordinary Annual General Meeting of the Shareholders approved a decision not to distribute any dividends for 2019, in accordance with an instruction of the BNB.

The entire profit of UniCredit Bulbank for 2019 in the amount of BGN 425.1 million will be reinvested in the capital of the bank. The Annual General Meeting of the Shareholders, held on 08.04.2020, accepted the proposal of the Management Board, approved by the Supervisory Board, that the bank’s profit shall not be distributed, in compliance with an instruction of the Bulgarian National Bank. The decision of the General Meeting will remain in force until further instructions from the BNB are received.

In addition to the decision not to distribute dividends, the 2019 Annual Report of UniCredit Bulbank was presented and adopted at the Ordinary Annual General Meeting of the Shareholders of UniCredit Bulbank.

 


Additional media information:

Ekaterina Ancheva, tel +359 (0) 2 9264 963, flbufsjob/bodifwbAvojdsfejuhspvq/ch

Beatris Nikolova, tel +359 (0) 2 9232 528, cfbusjt/ojlpmpwbAvojdsfejuhspvq/ch

Victoria Blajeva, tel +359 (0) 2 9264 993, wjlj/ebwjepwbAvojdsfejuhspvq/ch