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We finance companies with long-term vision for sustainable development, well-defined goals

We expect economic activity to gain momentum next year. Our economists at UniCredit Bulbank forecast real GDP growth to accelerate to 2.9% year-on-year next year, as compared to 1.9% anticipated in 2023. We think that easing inflationary pressure would help private consumption growth to remain resilient, while, in the context of the persistent shortages of labour in almost every sector of the economy, real wages growth is set to accelerate next year, which bodes well for consumption.

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We focus on digitalisation, simplification of processes, growth of our people

As the market is really dynamic and moving faster than ever before in most of the industries, we at UniCredit Bulbank are dedicated to the constant improvement of the internal processes resulting in the enhancement and speed up of the services to the customers. This is a constant endeavour and it entails relevant investments and focus on a few aspects – the digitalisation, internal simplification of processes and growth of our most important asset – our people.

top100banks

SEE banking sector’s losses widen sharply on Slovenian woes

Most of the lenders in the SEE TOP 100 banks ranking closed 2013 in the black but the overall loss of the sector widened to 2.18 billion euro, due to the heavy losses booked by Slovenian banks. With the exception of Slovenia, the banking system in Southeast Europe (SEE), however, managed to stay stable, although continuing to struggle with high non-performing loan (NPL) ratios, weak lending growth and subdued economic growth. The ranking was dominated by Romanian lenders, which accounted for nearly a quarter of the total assets of the banks in the region.