In August 2013, MKB Unionbank was acquired by First Investment Bank (Bulgaria). The legal merger was completed on March 4, 2014.
MKB Unionbank was the 16th largest bank in Bulgaria in terms of total assets. In 2013 its total assets were 1 449,23 mln BGN, providing the bank with the market share of 1.69%. In 2013 the bank's net income was 6,99 mln BGN.
MKB Unionbank is rated by Fitch. Long-term credit rating assigned to the bank by Fitch is BB- (speculative).
MKB Unionbank participates in deposit guarantee scheme of Bulgaria. This scheme covers accounts up to 100,000 EUR per bank per depositor.
MKB Unionbank is a member of First Investment Bank (Bulgaria).
MKB Unionbank was headquartered in Sofia.