Established in 1992 as a result of the merger of 22 Bulgarian regional commercial banks, United Bulgarian Bank (UBB) became the first and most comprehensive consolidation project in the Bulgarian banking sector. In 2017 United Bulgarian Bank was acquired from the National Bank of Greece by KBC, Belgian banking and insurance group. United Bulgarian Bank provides products and services in the areas of retail, corporate and investment banking as well as treasury and risk management, also United Bulgarian Bank offers asset management, leasing and factoring, brokerage solutions via its subsidiaries.
United Bulgarian Bank AD is the 3rd largest bank in Bulgaria in terms of total assets. In 2018 its total assets were 11 270,40 mln BGN, providing the bank with the market share of 10.68%. In 2018 the bank's net income was 173,22 mln BGN.
United Bulgarian Bank AD is rated by Fitch. Long-term credit rating assigned to the bank by Fitch is A- (high credit quality).
United Bulgarian Bank AD participates in the deposit guarantee scheme of Bulgaria. This deposit guarantee scheme applies to all funds on a bank account made by natural persons (Bulgarian and foreign), legal entities (Bulgarian and foreign) and covers up to up to 100,000 EUR per bank per depositor. United Bulgarian Bank AD is a member of Bulgarian Deposit Insurance Fund (BDIF) and makes its contributions into it.
United Bulgarian Bank AD is a member of KBC (Belgium).
United Bulgarian Bank AD is headquartered in Sofia.
United Bulgarian Bank AD is authorized and supervised by the Bulgarian National Bank.