UniCredit Awarded as the Best Private Bank 2021 in CEE by Global Finance

Country level awards for the bank also in Bulgaria, Czech Republic and Austria (Schoellerbank).

UniCredit is pleased to announce that it has been recognised as the Best Private Bank in Central and Eastern Europe for 2021 by Global Finance, for the 6th year in a row. Alongside this regional award, the bank also took home other individual country awards as best Private Bank 2021 in Bulgaria for the first year, in Czech Republic for the second year in a row and, for the 6th consecutive year, in Austria with Schoellerbank.

The awards for each region and country within the sixth annual World’s Best Private Banks Awards for 2021 were determined by Global Finance’s editorial board, factoring in inputs from executives and industry insiders, information from entries submitted by banks as well as independent research, in order to evaluate a series of objective and subjective factors to select the banks that best serve the specialized needs of high-net-worth individuals as they seek to enhance, preserve and pass on their wealth.

Commenting these achievements, Gianfranco Bisagni, Niccolò Ubertalli, Francesco Giordano and Olivier Khayat, respectively Co-CEOs Commercial Banking, Central Eastern Europe and Co-CEOs Commercial Banking Western Europe, said:

“We’re extremely proud of these results, accomplished thanks to a very talented team of people. We’re confident that together as One Bank, One UniCredit we will keep delivering the best value proposition to our clients”.

„This award is another clear example of excellence and that we are doing the right thing for our customers! Thank all our existing and future Private Banking customers for making the right choice!” commented Teodora Petkova, CEO and Chairman of the Management Board of UniCredit Bulbank.

“The biggest reward of our work is our customers‘appreciation and recognition. Warm thank you to our customers and also to our Private Banking team. It obliges us to keep standards high for the future!” added Raluca Popescu, Head of Corporate, Investment and Private Banking of UniCredit Bulbank.

In the last few years there is a tendency among the customers of Private Banking in Bulgaria to be more eager to invest. The clients have a high investment culture and they prefer to research the market themselves and to make riskier decisions. Recently UniCredit Bulbank launched a new Investment and markets module in Bulbank Online – Securities trading. It is a significant step towards the digitalization of this service and allows the customer to invest 24/7 from any point, giving customers more independence.

Nevertheless most of the clients rely on the Bank for information and support for the decisions they make, especially when it comes to discussion of asset classes and geographical strategic allocation together with features of different best in class products – thus they are more secured and the process is smoother and easier for them. More and more mutual funds and direct investments’ contracts are signed as our clients strive for a diversified portfolio.