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.

The credit-rating agency Standard & Poor’s Global Ratings increased the ratings of KBC Bank and ČSOB, part of KBC Group


On October 27, one the biggest credit-rating agencies – Standard & Poor’s Global Ratings - increased the rating of KBC Bank and ČSOB (Ceskoslovenska Obchodni Banka), part of KBC Group. The agency reviewed the ratings of both banks, upgrading the long-term ratings of KBC Bank and ČSOB from 'А' with a stable outlook to 'A' with a positive outlook, as the short-term ratings of both banks were increased to 'A-1'.

According to Standard & Poor’s ratings, financial institutions, assigned with a long-term rating 'A', have a strong capacity to meet their financial commitments, but are to a certain extent more susceptible to unfavorable effects from changes in circumstances and economic conditions, compared to debtors in higher-rated categories. In respect of short-term rating, financial institutions rated as 'A-1', have a strong capacity to meet their financial commitments. This is the highest category of Standard & Poor’s Global Ratings in terms of short-term rating.

According to Standard & Poor’s, the positive review of KBC Bank reflects their expectation that over the next two years the bank will implement its strategy for maintaining a high regulatory capital and that it will build a large buffer of instruments to protect the large creditors. In addition, they say that the rating’s review of the KBC Group's subsidiary ČSOB is positive, because it reflects the review of KBC Bank's rating. In case of any future changes, they will affect also this essential for the group bank.

The agency maintains the ratings assigned to the strategic for KBC Group subsidiaries – KBC Ireland and United Bulgarian Bank. In June 2017, shortly after its acquisition by KBC Group, the rating of United Bulgarian Bank (UBB) was increased by Standard & Poor’s Global Ratings by 4 rates – from 'В' to 'ВВ+', as the „watch“ outlook was replaced with „positive“.


About KBC Group (www.kbc.com)

KBC is an integrated bancassurance group with a variety of channels which is oriented mainly to individual clients, SME and local medium-sized corporate clients. It is concentrated on its main markets in Belgium, Bulgaria, Czech Republic, Hungary, Ireland and Slovakia. The Group is present also in other selected countries and regions worldwide. KBC's headquarters is located in Brussels (Belgium). The Group employs over 38 000 people and is listed on Euronext Brussels stock exchange (stock symbol - KBC).