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 Prime Minister of the Republic of Bulgaria Mr. Sergei Stanishev at the end of their meeting with him.

NBG senior managers were at a short one-day visit to Bulgaria. Apart from the Prime Minister of the Republic of Bulgaria they also met the Finance Minister - Mr. Plamen Oresharski and Mr. Dimitar Kostov, Deputy Governor of Bulgarian National Bank.

The National Bank of Greece is the largest financial institution in Southeastern Europe and the Mediterranean with assets over EUR 50 billion and market capitalization exceeding EUR 10 billion. United Bulgarian Bank is a member of NBG since Y2000.