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.

10th Anniversary of United Bulgarian Bank


The Bank launches a new real time banking system and its own card system. The Bank offers "instant loans", with no guarantors, within one hour together with the hypermarket chain Metro Cash & Carry.

UBB meets its 10th anniversary offering new retail bank products, new real time banking system and its own card system. UBB reinforced its leading position in the retail banking with new products such as consumer, mortgage and auto loans. The Bank is expected to achieve the highest possible increase of its loan portfolio - over 80% compared to the end of 2001. The most impressive increase can be found in the retail banking sector with 30 000 new consumer loans, more than 10 000 overdrafts and some 1 000 mortgage loans disbursed. The Bank has already disbursed a number of auto loans as well.

UBB applies short time approval terms - two days for approving consumer loans and seven days for the mortgages. Since October the Bank together with the hypermarket chain Metro Cash & Carry offers instant loans, which get approved within one hour. Their tenor is 36 months, the amount is up to 3 000 BGN, with no guarantors and any collateral needed.

UBB launches a new modern Globus information system for real time banking, which allows all customers to manage their money from each of the Bank's outlets in the country, making no difference branch has originally opened the account. The Globus system is already operative in the Sofia branches and is currently introduced in the entire branch network of the Bank countrywide.

By the end of the year 2002 UBB will launch its own card system. It will provide the Bank with the possibility to offer new card services. UBB owns over 50% of the ATMs in the country - more than 280 ATMs and more than 850 POS terminals for card payment in different commercial outlets. The new card system will allow all customers to access the money in their card accounts not only at ATMs but also at the bank offices. The Bank will also complete its card project, which will help offer its customers the first real credit cards in Bulgaria. It will also allow UBB to increase significantly the number of the issued credit cards, which by the end of September 2002 is more than 6 500 EuroCard/MasterCard and VISA (55% of the Bulgarian credit card market). The existing UBB Maestro and Visa Electron debit cards are over 345 000 (32% of the debit cards in the country).

In the eve of the Bank's 10th anniversary Standard & Poors confirmed the UBB short term and senior debt rating - B and BB-. In their report Standard & Poors point out the Bank's solid commercial position, strong liquidity, low risk asset profile as well as the support of the strategic shareholder - the National Bank of Greece.