IAB Bulgaria continues to grow, accepting 2 new members from one of the largest banking and financial institutions

IAB Bulgaria continues to grow, accepting 2 new members from one of the largest banking and financial institutions

United Bulgarian Bank – UBB was founded in 1992 through the merger of 22 Bulgarian regional commercial banks. After the purchase of UBB by the Belgian KBC Group, the bank received the highest credit rating in Bulgaria according to Fitch – ‘A-‘, which is higher than Bulgaria’s. Nowadays KBC Group is currently the largest banking and insurance group in Bulgaria. It brings together companies with a long history and extensive experience. The companies, part of KBC Group in Bulgaria, offer the full range of financial services, including insurance, leasing, asset management and factoring. Due to its well-developed distribution network, UBB has offices in the whole country.

Postbank – the fifth larger bank in Bulgaria by assets with a broad branch network in the whole country and a significant client base of citizens, companies and institutions. Postbank is a member of Eurobank Group. Founded in 1990, the Group continues its dynamic growth with stable and determined steps, focusing on the various needs of its clients. The Bank is an active member and works in support of КRIB, AmCham, NVSV, Bulgarian Banks Organization, “Borica” AD, “Endevor Bulgaria” Association, Bulgarian Business Leaders Forum, “Bulgarian Charity Forum” Association, “Atanas Burov” Fondation, the Bulgarian Network of the Global contract of UN, the Bulgarian Advertisers Association, and the Bulgarian Fintech Association.