Following KCB’s acquisition of United Bulgarian Bank (UBB), the bank’s credit rating has improved by six rates according to Fitch Ratings and four rates according to Standard and Poor’s (S&P).
The KBC acquisition of United Bulgarian Bank (UBB) and Interlease, initially announced in December, was recently finalized, with KBC completing the $682 million purchase through available funds.
The United Bulgarian Bank (UBB) is offering a refinancing option for all refinanced mortgage loans that originated with other banks.
United Bulgarian Bank (UBB) reported 2016 profits of $62.2 million at its recent shareholders' meeting.
United Bulgarian Bank (UBB) is offering a special 5 percent Uwin bonus for all purchases made with UBB credit cards through July 10.