United Bulgarian Bank Wins Bank of the Year Award
The United Bulgarian Bank has been awarded the prestigious “Bank of the Year” prize at the 32nd edition of the Bank of the Year competition. The event, which traditionally brings together representatives from the banking and financial sectors, politicians, educators, public figures, and business leaders, took place on July 4, 2024, at the Millennium Grand Hotel in Sofia.
The winner of the grand prize was presented by Rumen Radev, President of the Republic of Bulgaria. “This award is very special to us. We see it as recognition for everything we have achieved in the past year, during which we have made significant strides in the financial sector,” said a representative of the United Bulgarian Bank.
The successful merger between OBB and KBC Bank Bulgaria
Our recent merger between OBB and KBC Bank Bulgaria has been a complex process that involved transferring over 600,000 clients. Despite the challenges, we are proud to say that we were able to combine 1+1 and achieve more than two. Our greatest achievement has been building a strong team from both banks. A team united by a common goal, vision, and strategy. A team that works more efficiently together and achieves increasingly impressive results.
“We are delighted to receive this award on behalf of the team,” said Theodore Marinov, Executive Director of Finance at OBB.
OBB Bank wins prestigious awards in Bulgaria
OBB Bank has recently been awarded two prestigious prizes in the banking sector in Bulgaria. The bank received the award for “Development Dynamics” and the prize for “Best Active Digital Product” for their All in One program, which has transformed OBB Mobile into the only mobile banking application in Bulgaria providing access to banking, insurance, pension, and investment products.
This recognition is a great achievement for our colleagues at the bank, who have worked tirelessly on integrating various products and services into a single, user-friendly platform. With the All in One program, OBB Bank has set a new standard for digital banking in Bulgaria, making financial products more accessible and convenient for customers.
Driving Innovation and Expansion of Digital Services in Bulgaria
At KBC Group in Bulgaria, we are constantly striving to create innovative products and expand the range of digital services we offer to our over 2 million customers. This commitment extends not only to our bank’s customers, but also to all the companies united in our unique banking-insurance model.
Tatyana Ivanova, Executive Director of Digitalization, Data, and Operations at OBB and innovation leader for the group in Bulgaria, shared her enthusiasm for the continuous improvement efforts. She emphasized the importance of adapting to the evolving needs of customers and leveraging technology to provide cutting-edge solutions.
The “Bank of the Year” awards, organized annually by the “Bank of the Year” association, recognize excellence in the banking sector. Established and first awarded in 1992, these prestigious accolades celebrate the achievements of financial institutions that demonstrate innovation, customer focus, and overall excellence in their operations.
Bank of the Year Awards
The Bank of the Year Awards is a prestigious event that recognizes excellence in the banking industry. The awards ceremony highlights winners in three main categories – Market Share, Efficiency, and Development Dynamics. Additionally, the best foreign bank branch is also recognized for its outstanding performance. The “Customer Bank” award is presented, along with awards for successful digital transformation and the best digital product on the market.
In recent years, the Bank has been the recipient of the prestigious “Bank of the Year” award for 2018, as well as awards in the “Development Dynamics” category for 2018 and “Efficiency” for 2021 and 2022.
Bank of the Year Awards: Recognizing Excellence in Banking
Every year, the “Bank of the Year” awards are organized by the Association “Bank of the Year.” Established and first presented in 1992, these awards celebrate excellence and innovation in the banking industry. The prestigious “Bank of the Year” award is the highlight of the event, but winners are also announced in three main categories: “Market Share,” “Efficiency,” and “Development Dynamics.”
In addition to these categories, the award for the best foreign bank branch is also recognized. The “Bank of the Client” award is given to banks that excel in customer service, and there are also awards for successful digital transformation and the best digital product on the market.
