UniCredit Leasing, a company of Bulbank, held its first meeting of the newly appointed Board of Directors before applying to change registration from EOOD to EAD. The new company will have one-tier structure with Board of Directors. Chairman of the Board of Directors becomes Mr. Kiril Stefanov, Member of the MB of Bulbank and Head of Credit and Risk Management Division of the Bank. Executive Director of the leasing company remains Mr. Plamen Minev.

"it is great honor for me to be appointed as Chairman of the Board of Directors of UniCredit Leasing Bulgaria and I believe my long experience in lending and risk assessment, combined with contacts nationwide will be useful to this young and dynamic company" Mr. Kiril Stefanov comments.

"The leasing company now is a member of the banking group UniCredit, following the principles of corporate behavior and will become more client-oriented. The leasing portfolio is now fully funded by Bulbank, which gives UniCredit Leasing the flexibility to finance large transactions, as well as the opportunity to offer to our clients new products with very competitive conditions, continuing to respond in timely manner.

As we always state, UniCredit Leasing is probably the fastest replying company in Bulgaria - for transactions up to BGN 40,000 within 24 hours after the documents are filed, we are ready with a decision. I would like to add also that UniCredit Leasing benefits additionally from the broad network of Bulbank, that our clients could use in order to receive advice, request leasing offer, submit applications and sign the leasing contract", Mr. Plamen Minev explains.