United Bulgarian Bank AD

Deposit Guarantee

Deposit Guarantee
Yes (up to 100,000 EUR per depositor)

Deposit Guarantee Schemes compensate certain deposits held by depositors of a bank that becomes unable to meet its obligations.

All credit institutions operating in Bulgaria are obliged to participate in Bulgarian deposit guarantee scheme.

In the case of United Bulgarian Bank AD failure, eligible depositors having covered accounts in this bank will be paid out the following compensation:

Eligible Depositors  natural persons, legal entities
Covered Accounts  all funds on a bank account (term deposit, demand deposit, savings or current account, etc)
Covered Currencies  all
Maximum Protected Amount  100,000 EUR
Paid In Currency  BGN

Further Information