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UniCredit Bulbank establishes itself as a leader in digital banking


UniCredit Bulbank establishes itself as a leader in digital banking

UniCredit Bulbank was recognized as the best digital bank for 2023 by Global Finance Magazine. The Bank was also awarded prizes in two more categories - Best Mobile Banking Application in Bulgaria for 2023 and Best Corporate/Institutional Digital Bank for Trade Finance Services in Bulgaria for 2023.

The recognitions from Global Finance are the result of UniCredit Bulbank's strategic vision for the overall development of the digital services and products it creates. The Bank offers a wide range of online and mobile solutions that allow customers to manage their finances quickly, easily, securely and from anywhere in the world without the need to visit a bank office.

The Best Mobile Banking Application Award recognized a number of improvements that the team of UniCredit Bulbank implemented in its mobile banking Bulbank Mobile in 2022, such as entirely digital processes for consumer loans and plans for daily banking, transfers to a mobile number, instant Blink payments, the possibility to tokenize a card in a digital wallet, flash bank card payment notifications and many other improvements.

"With the rapid development of information technology, the standards for the best digital offerings are constantly evolving," commented Joseph Giarraputo, the founder and editorial director of Global Finance. "Global Finance Best Digital Bank Awards recognize those financial institutions that are paving the way for digitization," he adds.

"This success is the result of the dedication and efforts of our team, as well as the trust of our customers. The prestigious recognition reflects the commitment of UniCredit Bulbank to provide innovative and convenient digital solutions. The Bank is focused on continuous development and modernization of its services to meet the needs and preferences of modern customers. By the end of 2023, Bulbank Mobile will provide several more innovative possibilities that will enhance the experience with UniCredit Bulbank's digital solutions," said Borislav Genov, Head of Retail Banking and Member of the Management Board of UniCredit Bulbank.

The award-winning banks were judged by a world-class panel of judges from Infosys, global leaders in consulting, technology and outsourcing. Global Finance editors were responsible for selecting the final winners in the various categories. The winning banks were judged on the basis of criteria, such as the established strategy for attracting and servicing customers through digital technologies, success in encouraging more customers to use digital solutions, growth of digital customers, range of products offered, evidence of tangible benefits from digital initiatives, web/mobile site design and functionality.

UniCredit Bulbank continues to expand its digital platform and offer its customers solutions that meet the growing requirements of modern banking. With its exceptional focus on innovation and customer satisfaction, the financial organization pursues its goal of providing the most modern and convenient banking service. This consecutive award from Global Finance confirms the commitment and leading role of UniCredit Bulbank in the field of digital financial services. The awards in the categories of Best Mobile Banking Application and Best Digital Bank for Trade Finance Services are further recognition of the financial organization's commitment to its business clients, and the provision of innovative solutions and personalized services that support their development and growth.

UniCredit Bulbank once again won the award of the international edition for the best digital bank in Bulgaria. In 2023, UniCredit Bulbank was also awarded the prize for the Best Ongoing Digital Project by the Bulgarian Bank of the Year Association. The recognition is for the Digital Mortgage project, which the Bank implemented in 2022.

Additional media information:

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

Darina Radoslavova, tel +359 887 505273, Ebsjob/SbeptmbwpwbAVojDsfejuHspvq/CH

Ekaterina Ancheva, tel +359 894 518 193 , flbufsjob/bodifwbAvojdsfejuhspvq/ch