Participating Banks

Participating Banks

 

The Bulgarian participating financial institutions include:

United Bulgarian bank (UBB)

Established in 1992 through the merger of 22 Bulgarian regional commercial banks, United Bulgarian Bank is the first and largest consolidation project in the Bulgarian banking sector.

In 2017 the Belgian bank-insurance group KBC Group acquired UBB from the National Bank of Greece. Following the merger between CIBANK and UBB, the new United Bank UBB becomes the third largest bank in Bulgaria in terms of assets of about BGN 5.1 billion, with a market share of approximately 11%.

Together UBB, its subsidiaries and DZI became the largest bank-insurance group in Bulgaria, one of the main markets for KBC Group. As a result, KBC Group is also active in the leasing market as well as in the asset management and factoring market in Bulgaria, offering its clients the full range of financial services …

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Piraeus Bank

Piraeus Bank is a universal bank specialized in corporate banking, retail banking, SMEs, capital markets and leasing. The bank has subsidiaries in other financial sectors, such as real estate brokerage, project financing, asset management and private banking.

Piraeus Bank Bulgaria started its operation in Bulgaria in 1993 and throughout its 22 year history in the country, the Bank has earned a solid reputation as a dynamic, innovative, flexible and stable financial institution with an extensive international experience, know-how, expertise, broad range of high quality products and services …

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