Please read this License Agreement ("Agreement") carefully before clicking the "I Accept the Terms & Conditions" button.

By clicking the "I Accept the Terms & Conditions" button, you are agreeing to be bound by the terms and conditions of this Agreement to use the APIs in the Sandbox.

If you do not agree to the terms of this Agreement, do not click on the "I Accept the Terms & Conditions" button and do not add the API to the list of APIs your application will access.

1. Definitions

When used in this Agreement with the initial letters capitalized, in addition to the terms defined elsewhere in this Agreement, the following terms have the following meanings:

∙ API means the UNITED BULGARIAN BANK’S (UBB) application programming interface;

∙ Intellectual Property Rights means all patents, copyright and related rights, trademarks, logo, service marks, trade, design rights, business and domain names, rights in trade dress or get-up, rights in goodwill or to sue for passing off, rights in designs, database rights, rights in confidential information (including know-how and trade secrets) and any other intellectual property rights, in each case whether registered or unregistered and including all applications for, and renewals or extensions of, such rights, and all similar or equivalent rights or forms of protection in any part of the world.

∙ Sandbox is the software testing environment that enables the isolated execution of software or programs for independent evaluation, monitoring or testing. 

2. License

UBB grants you a limited,  non-transferable, non-exclusive, as-is, non sub licensable license

to use the API for the sole purpose of developing and testing your applications.

3. Restrictions

You shall not- 

∙ change or delete any copyright, trademark, tradename or other proprietary notices, legends, symbols, or labels appearing on or in the API;

∙ Disclose, share  or divulge any of the API specifications to any third party;

∙ Represent in any way that your application is approved, recommended or endorsed by us;

∙ Disable, or by pass any security protocols or measures or technical limitations of the APIs; 

∙ Modify, decompile, reverse engineer or otherwise alter the APIs;

∙ Participate or engage in any activity which restricts, hinders, impedes, interrupts or harms the API in any way or permits unauthorised access to the API;

∙ Use the API and the content thereon for any purpose other than those expressly permitted by these Terms of Use

UBB reserves the right to modify, suspend or discontinue, temporarily or permanently, the APIs, with or without notice and without liability to you.

4. Intellectual Property

Intellectual Property Rights 

4.1 We retain all Intellectual Property Rights with respect to UBB API’s,  including content and documentation and these may not be copied, transmitted or reproduced without our  prior consent. All Intellectual Property Rights and other rights in connection with the Portal  (including without limitation, information, graphics, software, text, sounds, images, trade marks, service marks, trade names and logos) are vested in us or our licensors.   You agree that you shall not obtain any Intellectual Property Rights, title or interest in the Portal other than in accordance with these Terms of Use.

4.2  You undertake not to do anything which would bring UBB or any of it trademarks, trade names, logos, or branding into disrepute or harm the reputation and goodwill of UBB.

4.3 You acknowledge and agree that we may independently develop or create applications, content or other services or products that may be similar to and/or compete with your applications and nothing in these Terms of Use shall prevent us from exploiting any such commercial opportunities.

5. Term and Termination

This Agreement shall remain in effect until terminated by you or UBB. 

UBB may, in its sole discretion, at any time and for any or no reason, suspend or terminate this Agreement with or without prior notice.

This Agreement will terminate immediately, without prior notice from UBB, in the event that you fail to comply with any provision of this Agreement. You may also terminate this Agreement by deleting the Application on our API.

Upon termination of this Agreement, you shall cease all use of the APIs on the Sandbox.

6. Severability

If any provision of this Agreement is held to be unenforceable or invalid, such provision will be changed and interpreted to accomplish the objectives of such provision to the greatest extent possible under applicable law and the remaining provisions will continue in full force and effect.

7. Amendments to this Agreement

UBB reserves the right, at its sole discretion, to modify or replace this Agreement at any time. What constitutes a material change will be determined at our sole discretion.

8. Applicable law and jurisdiction

The provisions of the Bulgarian law shall apply to this Agreement. Disputes betwen UBB and you related to, or arising from this Agreement shall, unless settled amicably between UBB and you, be brought for resolution before the competent Bulgarian court in Sofia, Bulgaria.

SMEi Business Loans

UBB SMEi transactions benefit from support from the European Union pursuant to the Operational Programme SME Initiative 2014-2020, with funding by the European Union under the ERDF and Horizon 2020 and by the European Investment Fund and the European Investment Bank

UBB SMEi Products

Loan Products under the Small and Medium Enterprises Initiative (SMEi)

Loan Type

SMEi Investment Loan

SMEi Working Capital Loan

SMEi Credit Line


Micro, small and medium-sized enterprises*, registered and operating in the Republic of Bulgaria


Bulgarian leva (BGN) or (EUR)


Min. EUR 50 000 (or the equivalence in BGN)

Max. EUR 5 million (or the equivalence in BGN)

Interest Rate

The interest rate is preferential and is calculated on the basis of SOFIBOR or EURIBOR, plus a margin in accordance with the risk assessment


No application fee

Administration fee – 50% of the fee pursuant to the Bank’s effective tariff


Min. 24 months

Max. 144 months

Min. 24 months

Max. 48 months

Grace Period

Up to 24 months

Up to 6 months




With the proceeds in the client’s account


All collaterals, permitted by law (mortgage, pledge of long-term tangible assets or current tangible assets, assets, newly acquired with the loan funds, etc.)


The programme guarantee, provided by the European Investment Fund (EIF) under the SME Initiative

Fee for obtaining a programme-related guarantee

No fee


* Micro, small and medium-sized are those enterprises, having annual income from sales less than BGN 97.5 million and employing less than 250 people. Eligible enterprises should not perform core activity or operate in the following sectors: primary processing of agricultural products, fisheries and aquaculture, coal mining, real estate operations, gambling activities, manufacture of weapons and ammunition, production and trade in alcohol and tobacco products, nuclear power production, etc. There may be additional restrictions with regard to the applicants’ eligibility or the loan purposes. For more information, please contact UBB branches.

** All other fees are pursuant to UBB’s effective Fees and Commissions Tariff for Business Clients.

Enterprises with annual sales income up to BGN 1 million may embrace the special offers, published in Microbusiness Clients Section.

About SMEi

SMEi (Small and Medium Enterprises Initiative) is a joint programme of the European Commission (EC) and the European Investment Bank (EIB) relating to financial instruments for small and medium-sized enterprises within the 2014-2020 programming period, having as main objective the fast enhancement of EU-wide SME lending.

This initiative is managed by the European Investment Fund (EIF) and is being implemented in Bulgaria through the Operational Programme Small and Medium Enterprises Initiative 2014-2020 (OP SMEI) to the Ministry of Economy. 

United Bulgarian Bank is first among financial institutions that are going to grant business loans with guarantees from the European Investment Fund (EIF) under Operational Programme Small and Medium Enterprises Initiative. Through the agreement, signed between UBB and EIF, the Fund will guarantee the loans, granted by the Bank, in the amount of nearly BGN 130 million.


This agreement is a logical continuation of our efforts in support of the small and medium-sized enterprises in Bulgaria. The experience we have gained so far gives us grounds to believe that such Programmes will further evolve into desired and successful prerequisites for the development of this important segment of the Bulgarian economy, that is, the foundation of every economy in the world.”

Stilian Vatev, UBB’s Chief Executive Officer

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