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UniCredit Bulbank is named the Best Sub-custodian Bank in Bulgaria in 2020


UniCredit Bulbank is named the Best Sub-custodian Bank in Bulgaria in 2020

UniCredit Bulbank is pleased to announce that the bank has been recognised as the Best Sub-custodian in 2020 by Global Finance magazine’s editorial board.

UniCredit has been recognised as the Best Sub-custodian in 2020 across Central and Eastern Europe (CEE) as well as winning country specific awards as the Best Sub-custodian Bank in Austria, Bulgaria, Hungary, Serbia and Slovenia.

"The Global Finance Award for the seventh consecutive year is a proof of the excellent achievements of Unicredit Bulbank in providing the best custody services on the market. The fact that we receive the award during this challenging period caused by the COVID-19 pandemic shows that the bank as a financial partner continued to support its business and institutional clients in Bulgaria. Our main goal remains to provide added value through easier banking processes, so we continue to digitalize our services and do business with a constant focus on providing a better customer experience.", commented Raluca Popescu is Head of Corporate, Investment and Private Banking Division in UniCredit Bulbank 

The awards for each region and country are determined by Global Finance’s editorial board, factoring in market research, input from expert sources and users of sub-custodian services, as well as bank submissions, in order to select the institutions that reliably provide the best services in local markets.

The criteria included customer relations, quality of service, competitive pricing, smooth handling of exception items, technology platforms, post-settlement operations, business continuity plans and knowledge of local regulations and practices.

Julia B. Romhanyi, Global Head of Securities Services, added: “We take great pride in our sub-custodian services at UniCredit and are delighted to have confirmed our position – not only as the best sub-custodian bank in Central and Eastern Europe, but as the leader in many individual countries as well. Our continued focus on providing high-quality, tailor-made and digital solutions has been central to our work over the past years and it is a pleasure to see the recognition of our continued efforts and our strong positioning in the region. This also underlines our dedication, throughout the recent pandemic, where we ensured a continued high-quality service. I am very proud of the dedicated teams across all of our countries who make it possible to keep our leading role and deliver excellence in the client, post-trade, securities servicing space.”

Additional media information:

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

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

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