MKB Unionbank

Unionbank
Юнионбанк
Company typeCommercial bank
IndustryFinancial services
Founded1991
Defunct2014
HeadquartersSofia, Bulgaria
Key people
Maria Ilieva (CEO and Chairman of the Management Board),
Imre Balogh (Chairman of the Supervisory Board)
ProductsRetail banking, Corporate banking, Loans
Revenue€77 million (2010)[1]
€4.3 million (2010)[1]
Total assets€1.7 billion (end 2010)[1]
Total equity€158 million (end 2010)[1]
Number of employees
750 (FTE, end 2010)[1]
ParentFirst Investment Bank
Websitewww.unionbank.bg

Unionbank (Bulgarian: Юнионбанк, Yunionbank) was a major Bulgarian retail and commercial bank with headquarters in Sofia.

As of the end of 2010, its assets amounted to over €1.7 billion and growing, while the share capital of the bank exceeded €158 million.[1] Unionbank has 55 active branch locations around the country. As of January 2011, the bank has a long-term credit rating of BBB+ from the Fitch credit agency.[2]

  1. ^ a b c d e f "Unionbank Annual Report 2010" (PDF). MKB Unionbank. Retrieved 1 March 2012.
  2. ^ "MKB Unionbank issues 15M EUR Mortgage Bond - October 2011". Sofia Echo. Retrieved 2 March 2012.