By Helgi Library - September 2, 2018
United Bulgarian Bank made a net profit of BGN -47.4 mil under revenues of BGN 346 mil in 2017, up -142% and -14.7% respectively comp...
By Helgi Library - September 20, 2018
United Bulgarian Bank's mortgage loans reached BGN 868 mil in 2017, down 5.68% compared to the previous year. Bulgarian banking...
By Helgi Library - September 2, 2018
United Bulgarian Bank's non-performing loans reached 23.6% of total loans at the end of 2017, down from 27.7% compared to the pre...
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By Helgi Library - September 2, 2018
United Bulgarian Bank's net interest margin amounted to 3.16% in 2017, down from 3.82% compared to the previous year. Historically, the bank’s net interest margin reached an all time high of 6.70% in 2005 and an all time low of 3.16% in 2017. The averag...
By Helgi Library - September 2, 2018
United Bulgarian Bank's customer deposits reached BGN 5,887 mil in 2017, up 5.76% compared to the previous year. Bulgarian banking sector accepted customer deposits of BGN 76.5 bil in 2017, up 5.94% when compared to the last year. United Bulgarian Bank ac...
By Helgi Library - September 20, 2018
United Bulgarian Bank's retail deposits reached BGN 3,990 mil in 2017, up 4.31% compared to the previous year. Bulgarian banking sector accepted retail deposits of BGN 47.8 bil in 2017, up 5.40% when compared to the last year. United Bulgarian Bank accoun...
By Helgi Library - September 2, 2018
United Bulgarian Bank's capital adequacy ratio reached 24.3% at the end of 2017, down from 24.3% compared to the previous year. Historically, the bank’s capital ratio hit an all time high of 28.2% in 2015 and an all time low of 12.8% in 2010. The Tier 1 ratio...
By Helgi Library - September 20, 2018
United Bulgarian Bank's corporate deposits reached BGN 1,572 mil in 2017, up 22.8% compared to the previous year. Bulgarian banking sector accepted corporate deposits of BGN 22.0 bil in 2017, up 13.8% when compared to the last year. United Bulgarian Bank ...
By Helgi Library - September 30, 2018
United Bulgarian Bank employed 2,600 persons in 2017, down 0.763% when compared to the previous year. Historically, the bank's workforce hit an all time high of 3,188 persons in 2011 and an all time low of 2,548 in 2014. Average cost reached USD 1,293 per month p...
By Helgi Library - September 20, 2018
United Bulgarian Bank generated total banking revenues of BGN 346 mil in 2017, down 14.7% compared to the previous year. Bulgarian banking sector banking sector generated total revenues of BGN 3,870 mil in 2017, down 4.62% when compared to the last ye...
By Helgi Library - September 2, 2018
United Bulgarian Bank's customer loans reached BGN 3,295 mil in 2017, down 14.6% compared to the previous year. Bulgarian banking sector provided customer loans of BGN 59.7 bil in 2017, up 6.73% when compared to the last year. United Bulgarian Bank accoun...
By Helgi Library - September 30, 2018
United Bulgarian Bank's cost to income ratio reached 51.5% in 2017, up from 41.5% compared to the previous year. Historically, the bank’s costs reached an all time high of 51.5% of income in 2017 and an all time low of 41.5% in 2016. When compared to total...
By Helgi Library - September 2, 2018
United Bulgarian Bank's loans reached BGN 3,913 mil in the 2017, down from BGN 4,544 mil compared to the previous year. Historically, the bank’s loans reached an all time high of BGN 6,854 mil in 2008 and an all time low of BGN 2,751 mil in 2006. In the...
United Bulgarian Bank AD is a Bulgaria-based commercial bank. The Bank offers a wide range of banking and other financial services to commercial and private banking clients. Its products include loans, current and saving accounts, and deposits amongst others. In addition to providing mainstream banking products, the Group undertakes insurance activities, stock brokerage, investment in mutual funds, leasing services, real estate investment management and financial advice, amongst others. At the end of 2013, the Bank operated 210 branches and 810 ATMs in Bulgaria. The Bank was established in 1992 through the merger of 22 Bulgarian regional commercial banks. In 1997, the Bank was privatized. The Bank is headquartered in Sofia, Bulgaria. United Bulgarian Bank AD is a subsidiary of National Bank of Greece S.A.
United Bulgarian Bank has been growing its revenues and asset by -0.859% and 1.85% a year on average in the last 10 years. Its loans and deposits have grown by -3.92% and 5.58% a year during that time and loans to deposits ratio reached 56.0% at the end of 2017. The company achieved an average return on equity of 5.26% in the last decade with net profit growing % a year on average. In terms of operating efficiency, its cost to income ratio reached 51.5% in 2017, compared to 45.2% average in the last decade.
Equity represented 13.4% of total assets or 30.0% of loans at the end of 2017. United Bulgarian Bank's non-performing loans were 23.6% of total loans while provisions covered some 67.0% of NPLs at the end of 2017.
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