UNITED BULGARIAN BANK API EULA

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.

IFC Partners with United Bulgarian Bank to Boost Trade

21.10.2014

 

IFC, a member of the World Bank Group, extended a $10 million credit line to United Bulgarian Bank to increase its lending to companies in Bulgaria, particularly small and medium enterprises involved in international trade.
 
Part of IFC’s Global Trade Finance Program, the credit line will help United Bulgarian Bank, a leading bank in Bulgaria, grow its trade business as it seeks to attract new clients in export-generating industries.
 
The Global Trade Finance Program supports trade in emerging markets by providing partial or full guarantees for individual trade transactions backed by IFC’s triple-A rating.
 
United Bulgarian Bank becomes the third financial institution in the country to join the Global Trade Finance Program. By expanding the financing available for international trade, the program will help Bulgaria develop its export sector and contribute to the overall growth of the country’s economy.
 
“This new trade line, which is the first joint project of IFC and United Bulgarian Bank, represents an important milestone in cooperation of our institutions,” said Stilian Vatev, UBB Chief Executive Officer. “UBB and IFC have joined forces in an effort to encourage the sustainable development of import/export-oriented companies in Bulgaria, recognizing their key role in the economy.”
 
Ed Strawderman, Regional Head of Industry in Europe, Central, Asia Middle East and North Africa, said: “The growth of export industries will be critical for Bulgaria to rebound fully from the euro zone crisis. IFC’s partnership with United Bulgarian Bank demonstrates our support for the country’s economic development by enabling more small and medium enterprises to reach new markets through international trade.”
 
Since its inception in 2005, the Global Trade Finance Program has issued more than 19,000 guarantees totaling $32 billion to banks for trade-related payment obligations of their financial-institution clients in emerging markets. In 2013, IFC provided $7 billion to support emerging-market importers and exporters, and 79 percent of all guarantees went to small and medium enterprises. The program includes more than 550 partner banks in 150 countries.
 
About IFC
IFC, a member of the World Bank Group, is the largest global development institution focused exclusively on the private sector. Working with private enterprises in more than 100 countries, we use our capital, expertise, and influence to help eliminate extreme poverty and promote shared prosperity. In FY13, our investments climbed to an all-time high of nearly $25 billion, leveraging the power of the private sector to create jobs and tackle the world’s most pressing development challenges. For more information, visit www.ifc.org.
 
Stay connected with IFC
 
 
About United Bulgarian Bank
United Bulgarian Bank was established in 1992 through the merger of 22 Bulgarian regional commercial banks, the first and most comprehensive consolidation project in the Bulgarian banking sector. Since 2000, the bank’s membership in the National Bank of Greece Group has given its business the stability and security of Southeast Europe’s most prestigious financial institution. The bank takes advantage of the Group’s superior financial strength and a broad range of commercial investment banking products and services. For more information, visit www.ubb.bg.
 
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