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.

UBB has granted a total of BGN 360 million under specialized loan programs for agriculture

The Bank presented the opportunities for supporting farmers during the First Agricultural Business Forum in Sofia
Since 2007 under specialized programs for agriculture only United Bulgarian Bank (UBB) has credited approximately 2500 projects, as the total amount of the provided loans exceeds BGN 360 million. The largest portion – about 2000 - stands agricultural loans against euro subsidies. That was announced by Ms. Marinela Koeva, Business Development Manager at UBB AD during the First Agricultural Business Forum - entitled “Challenges, Opportunities and Prospects of the Sector” - held in Sofia yesterday. UBB AD and Interlease EAD, members of NBG Group in Bulgaria, presented the financing opportunities and the assets acquisition conditions for the purpose of expanding the business of farmers and the wide range of products and lease schemes which both companies offer in support to agricultural producers.
The forum which was declared open by Mr. Miroslav Naydenov, Minister of Agriculture and Food, was attended by the minister’s deputies – Mr. Tsvetan Dimitrov and Ms. Svetlana Boyanova - as well as by Mr. Roumen Porozhanov, Executive Director of State Fund Agriculture, and by representatives of industry associations from the entire range of agricultural production and raw materials processing.
The loans under Rural Development Programme (RDP) which UBB AD had funded, approximated 200, the loans under the national investment programmes of State Fund Agriculture (SFA) – over 100, and the loans against warehouse receipts – over 160, Ms. Marinela Koeva also added. She explained that in Bulgaria financing against warehouse receipts had not yet been fully implemented and very few banks operated with such products, while in other countries, such as Kazakhstan for example, that type of financing was very well developed.
One of UBB AD’s products that farmers could use is the agriculture loan against euro subsidy (bridge loan). The Bank’s clients might benefit from an interest rate of 6,5%, and as of this year they could apply as early as at the areas declaration stage, Ms. Koeva underlined. The specialized credit product which UBB AD offers for a sixth consecutive year provides agricultural producers with the opportunity to utilize a sum of up to 95% of the total amount of the requested direct payments per unit of area, a minimum amount of BGN 5000, as well as attractive interest rates from 6,5% to 7,5% depending on the stage of the application process – submitted application form or certificate issued from SF Agriculture. 
Answering a question Ms. Koeva emphasized that presently there was an enhanced interest towards loans for purchase of farming land and UBB AD met the increased demand with better terms and a reduced interest rate.
It became clear at the forum, also attended by Ms. Fani Assenova, Deputy Executive Director of the largest lease company in Bulgaria that attractive lease schemes for stimulating the investment process in Bulgarian companies were also being offered by Interlease EAD. The clients of the company could utilize an interest rate of 5.25%, short deadlines and flexibility and the lease of products is made without additional collateral. The company offers to agricultural producers financial leases of a wide range of farming machinery, equipment, transport vehicles and cars.
The First Agricultural Business Forum - entitled “Challenges, Opportunities and Prospects of the Sector” - was defined by its participants as extremely useful and well- timed due to the provided opportunity for an open discussion on the challenges and the business opportunities facing the agrarian sector in Bulgaria.