UniCredit Bulbank gives an annual interest rate up to 5% under its new one-year deposit in USD called “Integral”. The high interest is valid not only for deposits of individuals but also of companies. The minimum amount for opening Integral Deposit by individuals is USD 500, and for companies – USD 10,000.

“Currently the market is flooded with promotional offers for deposits in BGN and EUR. However, there are many individuals and companies that traditionally prefer US dollars. Integral Deposit is a structured deposit that meets customers’ interest to save in US dollars, said Lubomir Punchev, member to the Management Board of UniCredit Bulbank in charge of Retail banking.

The savings in Integral Deposit accrue interest with guarantied annual interest of 5% during the first three months of the one-year period. During the next nine months the interest is up to 5% per year and depends on the movement of the three-month LIBOR for US dollars. LIBOR (London Interbank Offered Rate) is an interest rate index quoted daily on the inter-banking market in London and reflecting the interest rate at which banks borrow funds from one another.

Funds can be placed in Integral deposit until 27 April 2009 inclusive and interest accrual for the one-year period begins on 29 April 2009. How does it work?

First three months: the interest is fixed at 5% p.a.;

The other nine months: every day on which the three-month LIBOR for USD is within set limits (for example between 1% and 2%), the customer account accrues interest again with 5% annual interest.

The limits within which the three month LIBOR in USD varies during the deposit term are set on 27 April 2009 and take into account the market levels and trends. For the same of comparison, yesterday (6 April 2009) the three-month LIBOR in USD was 1.16594%.

UniCredit Bulbank also provides customers, as necessary, with a fast access to fresh funds without violating the deposit conditions and without loosing the high interest rate. The liquidity of the funds under Integral Deposit is guarantied with FLASH loan under the most favourable current conditions on the market. The interest under FLASH loan for customers with Integral Deposit is only 5% p.a. For the sake of comparison, the interest rate under standard FLASH loans in USD is currently up to 7.9% p.a.

Contacts:

UniCredit Bulbank, Public Relations and Corporate Communications

Victoria Blazheva, tel: 0894/570 159, wjlj/ebwjepwbAvojdsfejuhspvq/ch

Ekaterina Ancheva: tel: 0894/518 193, flbufsjob/bodifwbAvojdsfejuhspvq/ch