News | United Bulgarian Bank

Business

Fitch confirms the long-term 'A-' rating of UBB with Outlook Positive and increased the bank’s Viability Rating from 'bb' to 'bb+' 29 May 2024

The International rating agency Fitch Ratings confirmed the Long-Term Issuer Default Rating (IDR) of UBB. It continues being 'A-' with Outlook Positive. The rating agency also confirmed the awarded Shareholder Support Rating (SSR) to 'a-' and the Short-term IDR to 'F1'. UBB’s Viability Rating was increased from 'bb’ to 'bb+'.

Initiatives

UBB and DZI’s Team Blue made Vitosha Mountain greener 29 May 2024

1000 saplings of the European spruce (Picea abies) species were planted by the employees of UBB and DZI. The initiative involved over 200 volunteers from KBC Group in Bulgaria.

Events

Kate crushed its rivals in the Digitalk&A1 Awards 24 17 May 2024

Initiatives

UBB hosted the semi-finals of the Best Youth Startup in Bulgaria 2024 competition 17 May 2024

Client announcements

Temporary unavailability of digital channels 07 May 2024

All card transactions remain available

Innovations

Ms. Desislava Simeonova, Executive Director at UBB – „Approximately BGN 450 million is the amount of the funding, provided by the Bank and that is only to projects for renewable electric energy sources.“ 29 April 2024

„The interest of Bulgarian businesses expressed in active demand for financing of innovative projects during the last year is quite substantial. Most active in this domain is the services sector“, shared Ms. Desislava Simeonova, leader of the KBC Group’s sustainable finance programme, BoD Member and Executive Director SME Banking at UBB, during the Banking Today forum.

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