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KBC Bank Bulgaria

On 10th of April 2023, UBB and KBC Bank Bulgaria officially united after the re-organization of KBC Bank Bulgaria EAD, through its merger into United Bulgarian Bank AD, was entered in the Commercial Register. The legal merger is the next step in the integration of the two banks after the Belgian KBC Group acquired the business of Raiffeisen Bank International in Bulgaria in the summer of 2022.

KBC Bank Bulgaria
FormerlyRaiffeisenbank (Bulgaria) EAD
IndustryFinancial services
Founded1994
HeadquartersSofia, Bulgaria
Total assets6 450.20 mln BGN (2015)[1]
Total equity€460.79 mln (2015)[1]
Number of employees
over 3,000 (as of December 2010)
ParentKBC Group (since 2022)
Websitewww.ubb.bg/ubb-kbc-bank

KBC Bank Bulgaria (previously known as Raiffeisenbank (Bulgaria) EAD) is fully licensed bank with operations in Bulgaria and abroad. KBC Bank Bulgaria is a universal bank, providing a full range of banking products and services to large corporate customers, small and medium-sized enterprises, retail clients and institutional clients.

As of 30 December 2010 total assets amounted to BGN 6.56 billion ranking it as the fourth[2] largest bank in the country. Over 3000 employees of service more than 730 000 customers through a network of 188 branches. The bank has also built an Agent Network of mobile bank consultants.

KBC Bank Bulgaria is a 100% subsidiary of Belgium based KBC Group. KBC Group is a multi-channel bank-insurer, focusing on private clients and small and medium-sized enterprises in Belgium, Bulgaria, Czech Republic, Hungary, and Slovakia.

History edit

The bank was established in 1994 under the Bulgarian Law on Banking and Credit Activities.

On July 8, 2022 the bank was acquired by Belgium KBC Group from Austria's Raiffeisen Bank and rebranded as KBC Bulgaria.[3]

 
Headquarters of Raiffeisenbank Bulgaria in Sofia

On 10th of April 2023, UBB and KBC Bank Bulgaria officially united after the re-organization of KBC Bank Bulgaria EAD, through its merger into United Bulgarian Bank AD, was entered in the Commercial Register.

Awards edit

  • "Bank of the Year" awards - prizes in the “Efficiency” and Mystery Shopper categories (Bank of the Year Association)
  • Award in the "Best campaign" category for the "Choose to help" donation campaign of Raiffeisenbank (Workshop for Civic Initiatives Foundation)
  • 2nd place in the category "Socially significant PR campaign of a business organization" of the PR Prize 2012 competition for the "Choose to Help" donation campaign (Bulgarian Public Relations Society)
  • First prize in Investor in Society category of the BBLF Responsible Business Awards 2011 (Bulgarian Business Leaders Forum)[4]
  • “Mystery Shopper” award in the “Bank of the Year” 2010 Contest[5] (Bank of the Year Association)[6]
  • Most Generous Donor in 2010 (Bulgarian Donors Forum)
  • “Investor in Society” award 2010 (Bulgarian Business Leaders Forum[7]
  • ENGAGE award to recognize the employer engagement in the social policy of Raiffeisenbank in 2010 (International Business Leaders Forum)
  • “Encouragement of Donations” award 2010 (Human Resources in Bulgaria and EU Integration Foundation during its “Social Services Manager” awards)
  • “Bank of the Year” 2002, 2003 and 2007[8]), together with a “Bank of the Customer” 2004 of Pari daily
  • “Bank of the Year” 2005, 2006, 2008 of The Banker
  • “Best bank” in Bulgaria 2005,[9] 2008 of Global Finance
  • “Best Foreign Bank in Bulgaria” 1996, 1997, 1999 and 2000[10]) of Euromoney
  • “Best International Bank” of Central European, 1998 and 1999
  • “Bulgarian Bank of Decade” 1999 of Central European
  • “EUR Straight-Through Processing (STP) Excellence” award[11]) for eight years in a row for the period 2004-2011 of Deutsche Bank

Corporate social responsibility edit

KBC Bank Bulgaria's donation initiative “Choose to help”[12] which started in 2009 is part of the bank's corporate social responsibility policy and aims at supporting charity initiatives in four basic categories: health, ecology, social projects and projects in the field of education and culture.

References edit

  1. ^ a b Bank Profile: Raiffeisenbank (Bulgaria) EAD
  2. ^ "Distribution of Banks by Groups as at 30 June 2011" (PDF). Bulgarian National Bank.
  3. ^ Antonia Kokalova-Gray (July 8, 2022). "Belgium's KBC Bank closes buy of Raiffeisenbank Bulgaria". SeeNews.
  4. ^ "Awards for socially responsible business". BNR.
  5. ^ "Societe Generale Expressbank Grab's Bulgaria's '2010 Bank of the Year' Prize, July 6, 2011". Novinite.com.
  6. ^ "Mystery Shopper Award". Association Bank of the Year.
  7. ^ . Bulgarian Business Leaders Forum. Archived from the original on 2011-09-05.
  8. ^ "Bulgarian 'Bank of the Year' Association Set Up in Sofia, May 11, 2010". Novinite.com.
  9. ^ "Award Winners : The World's Best Internet Banks, 2005 Part 2". Global Finance.
  10. ^ "Central and Eastern Europe". Euromoney.com.
  11. ^ "Deutsche Bank distinguished Raiffeisenbank Bulgaria, 22 July 2011". Focus-fen.net.
  12. ^ "Online Charity Campaign for Hospitals and Orphans, December 17, 2009". Standart daily.

bank, bulgaria, parts, this, article, those, related, name, change, need, updated, please, help, update, this, article, reflect, recent, events, newly, available, information, december, 2022, this, article, about, former, raiffeisenbank, bulgaria, other, uses,. Parts of this article those related to name change need to be updated Please help update this article to reflect recent events or newly available information December 2022 This article is about the former Raiffeisenbank Bulgaria For other uses see Raiffeisen On 10th of April 2023 UBB and KBC Bank Bulgaria officially united after the re organization of KBC Bank Bulgaria EAD through its merger into United Bulgarian Bank AD was entered in the Commercial Register The legal merger is the next step in the integration of the two banks after the Belgian KBC Group acquired the business of Raiffeisen Bank International in Bulgaria in the summer of 2022 KBC Bank BulgariaFormerlyRaiffeisenbank Bulgaria EADIndustryFinancial servicesFounded1994HeadquartersSofia BulgariaTotal assets6 450 20 mln BGN 2015 1 Total equity 460 79 mln 2015 1 Number of employeesover 3 000 as of December 2010 ParentKBC Group since 2022 Websitewww wbr ubb wbr bg wbr ubb kbc bank KBC Bank Bulgaria previously known as Raiffeisenbank Bulgaria EAD is fully licensed bank with operations in Bulgaria and abroad KBC Bank Bulgaria is a universal bank providing a full range of banking products and services to large corporate customers small and medium sized enterprises retail clients and institutional clients As of 30 December 2010 update total assets amounted to BGN 6 56 billion ranking it as the fourth 2 largest bank in the country Over 3000 employees of service more than 730 000 customers through a network of 188 branches The bank has also built an Agent Network of mobile bank consultants KBC Bank Bulgaria is a 100 subsidiary of Belgium based KBC Group KBC Group is a multi channel bank insurer focusing on private clients and small and medium sized enterprises in Belgium Bulgaria Czech Republic Hungary and Slovakia Contents 1 History 2 Awards 3 Corporate social responsibility 4 ReferencesHistory editThe bank was established in 1994 under the Bulgarian Law on Banking and Credit Activities On July 8 2022 the bank was acquired by Belgium KBC Group from Austria s Raiffeisen Bank and rebranded as KBC Bulgaria 3 nbsp Headquarters of Raiffeisenbank Bulgaria in Sofia On 10th of April 2023 UBB and KBC Bank Bulgaria officially united after the re organization of KBC Bank Bulgaria EAD through its merger into United Bulgarian Bank AD was entered in the Commercial Register Awards edit Bank of the Year awards prizes in the Efficiency and Mystery Shopper categories Bank of the Year Association Award in the Best campaign category for the Choose to help donation campaign of Raiffeisenbank Workshop for Civic Initiatives Foundation 2nd place in the category Socially significant PR campaign of a business organization of the PR Prize 2012 competition for the Choose to Help donation campaign Bulgarian Public Relations Society First prize in Investor in Society category of the BBLF Responsible Business Awards 2011 Bulgarian Business Leaders Forum 4 Mystery Shopper award in the Bank of the Year 2010 Contest 5 Bank of the Year Association 6 Most Generous Donor in 2010 Bulgarian Donors Forum Investor in Society award 2010 Bulgarian Business Leaders Forum 7 ENGAGE award to recognize the employer engagement in the social policy of Raiffeisenbank in 2010 International Business Leaders Forum Encouragement of Donations award 2010 Human Resources in Bulgaria and EU Integration Foundation during its Social Services Manager awards Bank of the Year 2002 2003 and 2007 8 together with a Bank of the Customer 2004 of Pari daily Bank of the Year 2005 2006 2008 of The Banker Best bank in Bulgaria 2005 9 2008 of Global Finance Best Foreign Bank in Bulgaria 1996 1997 1999 and 2000 10 of Euromoney Best International Bank of Central European 1998 and 1999 Bulgarian Bank of Decade 1999 of Central European EUR Straight Through Processing STP Excellence award 11 for eight years in a row for the period 2004 2011 of Deutsche BankCorporate social responsibility editKBC Bank Bulgaria s donation initiative Choose to help 12 which started in 2009 is part of the bank s corporate social responsibility policy and aims at supporting charity initiatives in four basic categories health ecology social projects and projects in the field of education and culture References edit a b Bank Profile Raiffeisenbank Bulgaria EAD Distribution of Banks by Groups as at 30 June 2011 PDF Bulgarian National Bank Antonia Kokalova Gray July 8 2022 Belgium s KBC Bank closes buy of Raiffeisenbank Bulgaria SeeNews Awards for socially responsible business BNR Societe Generale Expressbank Grab s Bulgaria s 2010 Bank of the Year Prize July 6 2011 Novinite com Mystery Shopper Award Association Bank of the Year BBLF Annual Awards Bulgarian Business Leaders Forum Archived from the original on 2011 09 05 Bulgarian Bank of the Year Association Set Up in Sofia May 11 2010 Novinite com Award Winners The World s Best Internet Banks 2005 Part 2 Global Finance Central and Eastern Europe Euromoney com Deutsche Bank distinguished Raiffeisenbank Bulgaria 22 July 2011 Focus fen net Online Charity Campaign for Hospitals and Orphans December 17 2009 Standart daily nbsp Banks portal Retrieved from https en wikipedia org w index php title KBC Bank Bulgaria amp oldid 1178394090, wikipedia, wiki, book, books, library,

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