United Bulgarian Bank
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United Bulgarian Bank
United Bulgarian Bank (UBB) is one of the leading Bulgarian commercial banks. It is the first and largest banking consolidation project in Bulgaria, accomplished through the merger of 22 state-owned commercial banks throughout the country. UBB was established on 30 September 1992. The Bank manages assets, worth approximately BGN 6.6 billion and renders services to its clients via nearly 200 branches and banking structures throughout the country. The core business of UBB is being supported through the activity of its subsidiaries, UBB Asset Management, UBB Factoring and UBB Insurance Broker. History United Bulgarian Bank is the first large-scale project for banking consolidation in Bulgaria. It was founded on 30 September 1992 through the merger of 22 regional state-owned banks – Botevgradska Commercial Bank AD, Vrachanska Commercial Bank AD, Gabrovska Commercial Bank AD, Commercial Bank Doverie AD, Commercial Bank Elhovo AD, Commercial Bank Iskar AD, Kardzhaliyska Commercial Bank ...
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Chief Executive Officer
A chief executive officer (CEO), also known as a central executive officer (CEO), chief administrator officer (CAO) or just chief executive (CE), is one of a number of corporate executives charged with the management of an organization especially an independent legal entity such as a company or nonprofit institution. CEOs find roles in a range of organizations, including public and private corporations, non-profit organizations and even some government organizations (notably state-owned enterprises). The CEO of a corporation or company typically reports to the board of directors and is charged with maximizing the value of the business, which may include maximizing the share price, market share, revenues or another element. In the non-profit and government sector, CEOs typically aim at achieving outcomes related to the organization's mission, usually provided by legislation. CEOs are also frequently assigned the role of main manager of the organization and the highest-ranking offic ...
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KBC Bank
KBC Group is a Belgian universal multi-channel bank-insurer, focusing on private clients and small and medium-sized enterprises in Belgium, Bulgaria, Czech Republic, Hungary, and Slovakia. It was created in 1998 through the merger of Kredietbank (KB), the cooperative , ABB Insurance, and Fidelitas Insurance. The acronym KBC refers to KredietBank and CERA. KBC Group is one of Belgium's major companies and the second largest bancassurer in the country. As of late 2020, it was the 15th largest bank in Europe by market capitalisation and a major financial player in Central and Eastern Europe, employing some 41,000 staff (of which more than half in Central and Eastern Europe) and serving 12 million customers worldwide (some 7 to 8 million in Central and Eastern Europe). KBC is a Forbes Global 2000 company. The group is controlled by a group of core shareholders, and has a free float of approximately 60%. The core shareholders include KBC Ancora, a listed company controlled by CERA ( ...
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Sofia
Sofia ( ; bg, София, Sofiya, ) is the capital and largest city of Bulgaria. It is situated in the Sofia Valley at the foot of the Vitosha mountain in the western parts of the country. The city is built west of the Iskar river, and has many mineral springs, such as the Sofia Central Mineral Baths. It has a humid continental climate. Being in the centre of the Balkans, it is midway between the Black Sea and the Adriatic Sea, and closest to the Aegean Sea. Known as Serdica in Antiquity and Sredets in the Middle Ages, Sofia has been an area of human habitation since at least 7000 BC. The recorded history of the city begins with the attestation of the conquest of Serdica by the Roman Republic in 29 BC from the Celtic tribe Serdi. During the decline of the Roman Empire, the city was raided by Huns, Visigoths, Avars and Slavs. In 809, Serdica was incorporated into the Bulgarian Empire by Khan Krum and became known as Sredets. In 1018, the Byzantines ended Bulgarian rule ...
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Bulgaria
Bulgaria (; bg, България, Bǎlgariya), officially the Republic of Bulgaria,, ) is a country in Southeast Europe. It is situated on the eastern flank of the Balkans, and is bordered by Romania to the north, Serbia and North Macedonia to the west, Greece and Turkey to the south, and the Black Sea to the east. Bulgaria covers a territory of , and is the sixteenth-largest country in Europe. Sofia is the nation's capital and largest city; other major cities are Plovdiv, Varna and Burgas. One of the earliest societies in the lands of modern-day Bulgaria was the Neolithic Karanovo culture, which dates back to 6,500 BC. In the 6th to 3rd century BC the region was a battleground for ancient Thracians, Persians, Celts and Macedonians; stability came when the Roman Empire conquered the region in AD 45. After the Roman state splintered, tribal invasions in the region resumed. Around the 6th century, these territories were settled by the early Slavs. The Bulgars, led by Asp ...
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List Of Banks In Bulgaria
Typically for Eastern European countries, Bulgarian banking sector is characterized by relatively small size, small number of banks with wide business focus, high degree of concentration and high share of foreign capital. The most commonly used ratio to measure the size of a banking sector, namely the ratio of consolidated banking assets to gross domestic product, for Bulgaria shows that its banking sector is roughly the same size as its national economy (the ratio is 107.09%). Most of the banks operating in Bulgaria are universal banks providing products and services in retail and corporate banking. Although there are no pure direct banks in Bulgaria, several banks offer their products via the Internet. Bulgaria is also part of the Single Euro Payments Area ( SEPA). The following is a list of banks in Bulgaria. Central bank * Bulgarian National Bank Development banks * Bulgarian Development Bank Commercial banks Аll amounts are in BGN thousand. References * {{List o ...
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