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.

CEZ Trade renders assistance to KBC Group in Bulgaria to achieve its environmental objectives

One of the largest energy traders in Bulgaria sells green energy to the Bulgarian companies of the Belgian Bank-Insurance Group

CEZ Trade Bulgaria, the largest trader on the free market in Bulgaria, sells green energy to the Bulgarian companies of KBC Group. In 2018, the companies United Bulgarian Bank AD and DZI - General Insurance JSC and DZI - Life Insurance JSC, part of the largest financial group in Bulgaria - KBC Group, added yet another measure through which to improve their environmental management system, namely the purchase of green energy produced from renewable energy sources. Thanks to the purposeful implementation of this policy so far, the Group will contribute to the reduction of the environmental footprint of its daily operations, which is equivalent to 8 500 tonnes of carbon emissions less.

"More and more companies are approaching us to deliver green energy to them, aware of their duty to environmental protection. This is evidence of the maturity stage of Bulgarian business. We, at CEZ Trade, are ready to help them achieve their corporate goals”, said Vladimir Dichev, Executive Director of CEZ Trade Bulgaria EAD.

"KBC Group supports its customers with a number of mechanisms through which it creates opportunities for reducing their energy consumption. In their relations with us, they find a full-value partner who works with them not only operationally, but also in terms of tactical approach and strategy, so that together we can have a positive impact on our environment and the societies in which we develop. It is only natural for us to ourselves manifest our own commitment to the environment by purchasing green energy, produced from renewable energy sources,” commented Christof De Mil, UBB's Chief Financial Officer and Innovation Leader of KBC Group in Bulgaria.

"It is important for us to not only be responsible and reliable financial companies, but also to be responsible corporate citizens. The partnership with CEZ Trade supports our environmental behavior and guarantees green power for day-to-day operations,” said Boris Palichev, CFRO of DZI.

CEZ Trade Bulgaria is a 100% subsidiary of CEZ and part of CEZ Group, a leading integrated energy company, part of the top 10 energy companies in Europe. In Bulgaria, the company is a leading provider of electricity to industry and business. The company has 15 years of free-market experience, having delivered 27 terawatt hours of electrical energy and having generated BGN 2,5 billion in total sales revenue.