Dear clients and partners,
As a part of KBC Group, it is our pleasure to inform you that having obtained the needed permit from the BNB on 05.02.2018 the Commercial Register to the Registry Agency has officially entered the reorganization of CIBANK JSC through merger into UNITED BULGARIAN BANK AD.
From this date onwards all rights and obligations of CIBAK JSC have been transferred to UNITED BULGARIAN BANK AD in the latter’s capacity as universal successor, with which the process of CIBANK’s merger into UBB has been finalized. By virtue of this change, the clients of CIBANK JSC become clients of UNITED BULGARIAN BANK AD.
After the reorganization UBB becomes one of the largest banks in Bulgaria, with assets exceeding BGN 11 billion, an ever larger branch network throughout the country and a wide range of products and services, focused on servicing individuals and small and medium-sized enterprises (SMEs). The United Bank will also take advantage of the support of the international banking group КBC.
More information about forthcoming changes, impacting both banks’ clients, is available in Questions & Answers section on the website of UBB.