News

  • The UBB Profit for Y2006 is BGN 167.5 m. 01.06.2007

    The achieved by UBB gross profit for 2006 after provisions and before taxes amounts to BGN 167.5 m. As compared to the previous 2005, the Bank has increased its profit by BGN 59.7 m., reporting an annual growth exceeding 55 percent. The General Meeting of UBB Shareholders approved a resolution the ... More

  • National Bank of Greece Eyes 35% Annual Growth in SEE in Next Three Yrs 28.03.2007

    (Source – SEE News) The National Bank of Greece (NBG) targets to achieve an annual growth rate of 35% in southeast Europe over the next three years seeking to become a leading regional bank, the bank's deputy CEO Ioannis Pehlivanidis said on Tuesday. "We are looking to grow in assets and in profits... More

  • National Bank of Greece and United Bulgarian Bank donate BGN 150 000 for compensating the damages from the floods 15.11.2006

    The Group of National Bank of Greece, which member is United Bulgarian Bank, will donate BGN 150 000 for compensating the damages from the floods in Bulgaria. The Chairman of the Board of Directors of NBG, Mr. Efstratios Arapoglou and his Deputy, Mr. Ioannis Pechlivanidis, informed of that the Prim... More

  • UBB successfully placed its first mortgage bond issue 15.11.2004

    UBB has successfully placed its first issue of mortgage bonds. The bond issue amounts to BGN 40 million, while the nominal value of one bond is BGN 1000. The interest is fixed on 6,625% and will be payable twice a year. The bond issue period is 5 years, with maturity date 12 July 2009. So far this i... More

  • Fitch Ratings Raised UBB Long-term Rating to "BB+" 10.11.2003

    The international rating agency Fitch Ratings raised the UBB Long-term rating to "BB+" from "BB" while the outlook remains "Positive". The decision followed the raise of Bulgaria's sovereign rating to "BB+". The Long-term rating for UBB is based on potential support from its parent, National Bank ... More

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