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Unicredit Bulbank 2018 Annual Report 5.5 MB
Банка за важните неща. One Bank, One UniCredit. 2018 Annual ReportsAnnual Accounts and 2018 Annual Report and Accounts БанкаBanking за важните that matters. неща. БанкаBanking за важните that matters. неща. www.unicreditbulbank.bg Банка за важните неща. Contents Financial Highlights (Unconsolidated) 4 Financial Highlights (Consolidated) 5 Ethics and respect: Do the right thing! 9 Supervisory Board and Management Board 11 Organisation Chart 13 Credit rating 14 Bulgarian Economy in 2018 21 Market Positioning 25 UniCredit Bulbank Activity Review 27 Unconsolidated Financial Results 27 Consolidated Financial Results 36 Risk Management 37 Corporate, Investment and Private Banking 39 Retail Banking 43 Asset and Liability Management 46 Human Resources 47 Global Banking Services 49 Customer Satisfaction Management 51 Corporate Social Responsibility and Sustainable Development 53 Major Subsidiaries and Associates 55 Corporate Governance Declaration 57 Unconsolidated Financial Statements 63 Independent Auditors’ Report 63 Income Statement 70 Statement of Comprehensive Income 71 Statement of Financial Position 72 Statement of Changes in Equity 73 Statement of Cash Flows 74 Notes to the Separate Financial Statements 76 Consolidated Financial Statements 125 Independent Auditors’ Report 125 Income Statement 132 Statement of Comprehensive Income 133 Statement of Financial Position 134 Statement of Changes in Equity 135 Statement of Cash Flows 136 Notes to Consolidated Financial Statements 138 Bank Network 186 UniCredit Bulbank · 2018 Annual Report 3 Financial -
Zornitsa Markova the KTB STATE
Zornitsa Markova THE KTB STATE Sofia, 2017 All rights reserved. No part of this book may be reproduced or express written consent from Iztok-Zapad Publishing House. transmitted in any form or by any means without first obtaining © Zornitsa Markova, 2017 © Iztok-Zapad Publishing House, 2017 ISBN 978-619-01-0094-2 zornitsa markova THE KTB STATE CHRONICLE OF THE LARGEST BANK FAILURE IN BULGARIA — THE WORKINGS OF A CAPTURED STATE THAT SOLD OUT THE PUBLIC INTEREST FOR PRIVATE EXPEDIENCY CONTENTS LIST OF ABBREVIATIONS AND ACRONYMS / 12 EDITOR’S FOREWORD / 13 SUMMARY / 15 READER’S GUIDE TO THE INVESTIGATION / 21 1. HISTORICAL BACKGROUND / 23 DEVELOPMENTS IN THE BULGARIAN BANKING SECTOR THAT PRE-DATE KTB ..........................................................25 Headed for a Banking Crisis .................................................................................................. 26 Scores of Banks Close Their Doors................................................................................... 29 First Private Bank — Backed by the Powerful, Favoured by the Government ......................................................... 33 Criminal Syndicates and Their Banks — the Birth of a State within the State ...........................................................................35 A Post-Crisis Change of Players ..........................................................................................37 A FRESH START FOR THE FLEDGLING KTB ..................................................... 40 KTB SALE ..........................................................................................................................................42 -
Annual Report and Accounts
2020 Annual Report and Accounts Do the right thing! For the Real Economy We quickly took decisive actions to support the backbone of the real economy in Europe: small and medium sized enterprises. AWARDED ‘WORLD'S BEST BANK FOR SMES’ In October, UniCredit was awarded ‘Best Bank for SMEs’ by Global Finance magazine in its World’s Best Global Banks Awards. This was based on our performance over the past year, based on criteria including reputation and management excellence. Contents Board of Directors, Board of Statutory Auditors and External Auditors as at 31 December 2020 5 Chairman’s message 10 Chief Executive Officer’s message 14 Preliminary notes 33 CONSOLIDATED REPORT AND ACCOUNTS 2020 OF UNICREDIT GROUP 37 COMPANY REPORT AND ACCOUNTS 2020 OF UNICREDIT S.P.A. 503 Incorporations of qualitative information by reference 755 Glossary 761 Contacts 775 Notes The following conventional symbols have been used in the tables: • a dash (-) indicates that the item/figure is non-existent; • two stops (..) or “n.m.” when the figures do not reach the minimum considered significant or are not meaningful; • “n.a.” indicates that the figure is not available. Any discrepancies between data are solely due to the effect of rounding. UniCredit · 2020 Annual Report and Accounts 3 I UniCredit S.p.A. A joint stock company Registered Office and Head Office: Piazza Gae Aulenti, 3 - Tower A - 20154 Milano Share capital €21,059,536,950.48 fully paid in Registered in the Register of Banking Groups and Parent Company of the UniCredit Banking Group, with cod. 02008.1 Cod. -
Unicredit Business Information / Уникредит Бизнес Информация
UniCredit Business Information / УниКредит Бизнес Информация KNOW YOUR CUSTOMER QUESTIONNAIRE (INDIVIDUALS) Customer No. ……………………….. New registration (to be filled in by a bank employee) Customer data update BASIC INFORMATION ABOUT THE HOLDER Full name Personal Number / Foreigner’s or other Personal Number Gender Date of birth Country of birth Place of birth Number of the ID Document Date of validity of the ID Document Issuer of the ID Document Number of the second ID Document1 Date of validity of the second ID Document Issuer of the second ID Document Address as shown on the identity document/permanent residence (street number, street, floor, apt., location, post code, quarter, country) Residence address (street number, street, floor, apt., Coincides with the permanent address location, post code, quarter, country) Other (please, specify): ……………………..……………….………………… Correspondence address (street number, street, Coincides with the permanent address floor, apt., location, post code, quarter, country) Other (please, specify): ……………………..……………….………………… Telephone, e-mail Change of name in the last 12 months No Yes (please, specify your previous name): …………….………………….……………..................… Citizenship In case of American (Please, specify your citizenship) citizenship, please enter Other citizenship your Social Security Number (Please, specify second and any other citizenship you (SSN) hold) Current occupation BUSINESS RELATIONSHIP WITH THE BANK Cash-desk transactions Bank accounts and cards (incl. credit cards) Currency exchange Purpose and -
Unicredit Bulbank 2019 Annual Report 6.7 MB
One Bank, One Team, One UniCredit. Capital and balance sheet management Transform Enhanced service model Ethics and Respect Team 23 Compliance Grow and strengthen client franchise Process Growth optimisation engines Sustainable Customer results experience Sustainability Disciplined risk management Paperless bank “Go-to” bank for SMEs 2019 “Do the right thing!” Annual Report and Accounts Banking that matters. Contents Financial Highlights (Unconsolidated) 4 Financial Highlights (Consolidated) 5 Chairman’s message 6 Supervisory Board and Management Board 9 Organisation Chart 12 Credit Rating 13 Chief Executive Officer’s message 16 Bulgarian Economy in 2019 27 Market Positioning 31 UniCredit Bulbank Activity Review 33 Unconsolidated Financial Results 33 Unconsolidated Assets and Liabilities 35 Consolidated Financial Results 41 Risk Management 42 Corporate, Invest and Private Banking 44 Retail Banking 49 Asset and Liability Management 52 Human Resources 53 Global Banking Services 55 Customer Satisfaction Management 57 Corporate Social Responsibility and Sustainable Development 58 Major Subsidiaries and Associates 60 Corporate Governance Declaration 62 Unconsolidated Financial Statements 69 Independent Auditors’ Report 69 Income Statement 76 Statement of Comprehensive Income 77 Statement of Financial Position 78 Statement of Changes in Equity 79 Statement of Cash Flows 80 Notes to the Separate Financial Statements 82 Consolidated Financial Statements 137 Independent Auditors’ Report 137 Income Statement 144 Statement of Comprehensive Income -
General Terms and Conditions for Bank Accounts 737.0 KB
UniCredit Business Information / УниКредит Бизнес Информация GENERAL TERMS AND CONDITIONS FOR OPENING, SERVICING AND CLOSING BANK ACCOUNTS OF INDIVIDUALS AND FOR PROVIDING PAYMENT SERVICES AND INSTRUMENTS by UNICREDIT BULBANK АD, entered in the Commercial Register with the Registry Agency under UIC 831919536, registered seat and address of management: 7 Sveta Nedelya Sq., Vazrazhdane District, city of Sofia, website: www.unicreditbulbank.bg, licensed to carry out banking activities under the supervision of the Bulgarian National Bank by virtue of Order No. РД 22-2249/16.11.2009 of the Governor of the Bulgarian National Bank. These General Terms and Conditions for opening, servicing and closing bank accounts of individuals and for providing payment services and instruments, hereinafter referred to as the General Terms and Conditions, shall govern the relations between UniCredit Bulbank AD (the Bank) and its customers – individuals concerning the opening, servicing, carrying out transactions and closing payment accounts as well as the provision of payment services and the related transactions by the Bank from and on the payment accounts in accordance with the requirements of Payment Services and Payment Systems Act (PSPSA) and the regulations related to its application. The present General Terms and Conditions have the legal effect and consequences of a framework agreement pursuant to the Law on Payment Services and Payment Systems and are mandatory for the customers of the Bank. They lay down the general requirements for the payment relations subject to each individual agreement for opening and keeping the individual types of bank payment accounts and for execution of the payment services and operations provided by the Bank and they form a part of its content. -
Working Hours of Unicreditbulbank During Christmas and New Year Holidays
WORKING HOURS OF UNICREDITBULBANK DURING CHRISTMAS AND NEW YEAR HOLIDAYS City Name Address 24.12.2016 25.12.2016 26.12.2016 30.12.2016 31.12.2016 1.1.2017 2.1.2017 Sofia Mitnitsa Sofia 1, Briuksel blvd. 10:00 – 13:00 10:00 – 13:00 10:00 – 13:00 8:30 - 15:30 10:00 – 13:00 holiday 8:30 - 18:00 Sofia Airport Sofia Sofia Paradise center 100, Cherni Vruh blvd. 10:00 - 16:00 10:00 - 16:00 10:00 - 20:30 10:00 - 15:30 10:00 - 16:00 holiday 10:00 - 20:30 Sofia Sofia BG Mall 69, Bulgaria blvd. 10:00 - 16:00 10:00 - 16:00 9:30 - 20:45 9:30 - 15:30 10:00 - 16:00 holiday 9:30 - 20:45 8:30-19:30 9:00- 16:00 9:00- 16:00 8:30-18:00 8:30-15:30 10:00 - 16:00 break Sofia Sofia Metro 2 182, Europa blvd. break break break break break holiday 12:30 - 13:00 12:30 - 13:00 12:30 - 13:00 12:30 - 13:00 12:30 - 13:00 12:30 - 13:00 16:30 - 17:00 Sofia Sofia Kaufland 1, Skopie blvd. 10:00 - 14:00 holiday 8:00 - 19:30 8:00 - 15:30 10:00 - 16:00 holiday 8:00 - 19:30 Sofia Sofia Kaufland Vitosha 3, Todor Kableshkov str. 10:00 - 14:00 holiday 8:00 - 19:30 8:00 - 15:30 10:00 - 16:00 holiday 8:00 - 19:30 8:30-19:30 9:00- 16:00 9:00- 16:00 8:30-18:00 8:30-15:30 10:00 - 16:00 break Sofia Sofia Metro 1 Tsarigradsko Shosse - 7th-11th km break break break break break holiday 12:30 - 13:00 12:30 - 13:00 12:30 - 13:00 12:30 - 13:00 12:30 - 13:00 12:30 - 13:00 16:30 - 17:00 Sofia Mall Tsarigradsko shose 115, Tsarigradsko shose blvd. -
Annual Report of Bulbank for 2003 805.9 KB
Bulbank UniCredit Group ANNUAL REPORT 2003 BULBANK 2003 Annual Report CONTENTS FINANCIAL HIGHLIGHTS 3 STATEMENT TO THE SHAREHOLDERS 4 SUPERVISORY BOARD AND MANAGEMENT BOARD 6 BULGARIAN ECONOMY 7 2003 Overview of economy 7 Banking sector 8 Outlook for 2004 8 WORLD ECONOMY 9 2003 Overview 9 Outlook for 2004 10 BULBANK ACTIVITY REVIEW 11 Financial results 11 Balance sheet 12 Risk Management 13 Commercial banking 14 Money market and capital market operations 18 Information technology and organisation 19 Human resources 19 Corporate social responsibility 20 Outlook for 2004 21 FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2003 23 Report of the Auditors 24 Income Statement 25 Balance Sheet 26 Statement of Changes in Shareholders’ Equity 27 Cash Flow Statement 28 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2003 29 GENERAL INFORMATION 50 2 Financial Highlights BULBANK 2003 Annual Report FINANCIAL HIGHLIGHTS1 (Thousands of BGN, unless otherwise stated) 2003 2002 Growth Key figures Net profit 93,025 79,130 17.6% Shareholders’ equity (end of period) 559,148 513,249 8.9% Total assets (end of period) 2,836,771 2,721,980 4.2% Total assets at fixed exchange rate (end of period) 3,004,867 2,721,980 10.4% Customer deposits (end of period) 2,177,781 2,049,957 6.2% Customer deposits at fixed exchange rate (end of period) 2,342,666 2,049,957 14.3% Customer loans (end of period) 916,634 563,935 62.5% Customer loans at fixed exchange rate (end of period) 934,968 563,935 65.8% Earnings per share (in BGN) 0.56 0.48 17.6% Income Net -
Unicredit Bulbank 2012 Annual Report 8.9 MB
Clear answers for real benefits. 2012 Annual Report www.unicreditbulbank.bg ustomer testimonials are the common thread of this year’s annual report to illustrate the concrete solutions we provide every day. C These true stories were told first-hand and collected by the colleagues who worked with them to offer real benefits. Each story lends an authentic voice to how we are having a positive impact on our stakeholders. We are making a difference by recognizing everyday challenges and opportunities, and by contributing to the economic, social and cultural well-being of the communities we serve. This report’s creative concept reflects our commitment by displaying two pieces that fit together. This represents the union between the real-life needs of our clients and the practical solutions that we offer. Above all, we believe that being a commercial bank means engaging in meaningful dialogue with those with whom we come into contact. This enables us to provide simple, quick and effective responses that perfectly meet customer needs. Inside you will find some of these stories. We hope the next one will be yours. 2012 Consolidated Reports and Accounts BULGARIAN ECONOMY IN 2012 FREEDOMBusiness loan for working capital My company deals with cleaning. Before I started, I was a bar tender. One day a man came to me and said he wanted to sell me a cleaning machine. I looked at him with confusion – what could I do with this machine. Later it turned out that this gave meaning to my life and allowed me to follow my dreams. UniCredit Bulbank helped me a lot. -
Rates Markets and Btps: How They Have Fared Through the Pandemic
Rates markets and BTPs: how they have fared through the pandemic Eurex Webinar Luca Cazzulani, Co-Head of Research Strategy (UniCredit Bank, Milan) Milan, 25 November 2020 UniCredit Bank AG A global recession like no other – in terms of magnitude… OECD countries GDP (% qoq) 4 2 0 -2 Lehman -4 -6 -8 COVID-19 -10 -12 3Q62 4Q70 1Q79 2Q87 3Q95 4Q03 1Q12 2Q20 2 Source: OECD, UniCredit Research …and drivers. It's been totally "self-inflicted" as mobility was curbed 3 Source: : Google, Eurostat, UniCredit Research How we see GDP developing 4 Source: UniCredit Research A combined response by fiscal and monetary policy… EUR bn 5 Source: UniCredit Research …and plenty of liquidity in the euro area… 6 Source: ECB, UniCredit Research …have stabilized the sovereign yield curve Eurozone GDP-weighted sovereign yield curve 0.80 Pre-COVID (19 February) Pre-PEPP (18 March) 0.60 PEPP expansion (4 June) Last (17 November) 0.40 0.20 0.00 -0.20 -0.40 -0.60 -0.80 1Y 2Y 3Y 4Y 5Y 6Y 7Y 8Y 9Y 10Y 7 Source: Macrobon, UniCredit Research Policy rates are going to stay low … indefinitely? Expectations based on OIS 8 Source: Bloombgerg, UniCredit Research Real (Bund) yields are bound to stay negative 9 Source: Bloomberg, Markit, UniCredit Research BTPs key facts: #1: increasing share of the market held by the ECB Scenario 1: 20bn/month in APP and EUR 600bn in PEPP. Scenario 2: EUR 20bn/month in APP and EUR 1300bn in PEPP 10 Source: Bank of Italy, ECB, UniCredit Research BTPs key facts: #2: foreign investors are likely to be underweight 11 Source: Bank of Italy, ECB, -
Länderprofil Bulgarien Stand: Oktober / 2013
Länderprofil Bulgarien Stand: Oktober / 2013 Impressum Herausgeber: Deutsche Energie-Agentur GmbH (dena) Regenerative Energien Chausseestraße 128a 10115 Berlin, Germany Telefon: + 49 (0)30 72 6165 - 600 Telefax: + 49 (0)30 72 6165 – 699 E-Mail: [email protected] [email protected] Internet: www.dena.de Die dena unterstützt im Rahmen der Exportinitiative Erneuerbare Energien des Bundesministeriums für Wirtschaft und Technologie (BMWi) deutsche Unternehmen der Erneuerbare-Energien-Branche bei der Auslandsmarkterschließung. Dieses Länderprofil liefert Informationen zur Energiesituation, zu energiepolitischen und wirtschaftlichen Rahmenbedingungen sowie Standort- und Geschäftsbedingungen für erneuerbare Energien im Überblick. Das Werk einschließlich aller seiner Teile ist urheberrechtlich geschützt. Jede Verwertung, die nicht ausdrücklich vom Urheberrechtsgesetz zugelassen ist, bedarf der vorherigen Zustimmung der dena. Sämtliche Inhalte wurden mit größtmöglicher Sorgfalt und nach bestem Wissen erstellt. Die dena übernimmt keine Gewähr für die Aktualität, Richtigkeit, Vollständigkeit oder Qualität der bereitgestellten Informationen. Für Schäden materieller oder immaterieller Art, die durch Nutzen oder Nichtnutzung der dargebotenen Informationen unmittelbar oder mittelbar verursacht werden, haftet die dena nicht, sofern ihr nicht nachweislich vorsätzliches oder grob fahrlässiges Verschulden zur Last gelegt werden kann. Offizielle Websites www.renewables-made-in-germany.com www.exportinitiative.de Länderprofil Bulgarien – Informationen für deutsche -
Unicredit Bulbank 2013 Annual Report 7.9 MB
Listen, understand, respond. 2013 Annual Report 2013 Consolidated Reports and Accounts 15 years of UniCredit Group UniCredito Italiano establishment Merger of Credito Italiano, Rolo Banca 1473, Cariverona, Cassa di 1999 Risparmio di Torino, Cassamarca, Cassa di Risparmio di Trento e Rovereto, Cassa di Risparmio di Trieste. Beginning of international growth. The expansion process in Central and Eastern Europe starts with the acquisition of the Polish Bank Pekao. Geographical growth and diversification Development in emerging markets. Acquisition of Bulbank 2000 (Bulgaria) and Pol’nobanca - then Unibanka - (Slovakia). Acquisition of the US fund manager Pioneer Investment of Boston and establishment of Pioneeer Global Asset Management. Merger with the German HVB Group and establishment of a single large European bank 2005 UniCredit merged with the German HVB Group, which was created in 1998 from two Bavarian banks (Bayerische Vereinsbank and Bayerische Hypotheken-und Wechsel-Bank), so establishing a single, large European bank. Acquisition of Yapi Kredi by Koç (Turkey). Merger with Capitalia. Strengthening the presence of the Group in Italy and abroad 2007 UniCredit strengthen its position in the Italian market thanks to the integration with the Capitalia group – established in 2002 from the merger of Banca di Roma Group, the Bibop-Carire Group, Banco di Sicilia, MCC and Fineco. The Group also strengthen its presence in CEE with the acquisition of Ukrsotsbank in Ukraine. A new service model: “Together for our customers” Together with customer is the organic business evolution program 2010 designed to better focus on customers’ needs and enhance proximity to territories through a set of interventional measures to combine the specialization of our businesses with the simplification of the Group structure.