The Bulgarian Credit Rating Agency (BCRA) has affirmed the rating levels of UBB. According to the credit agency’s methodology, the biggest bank in terms of assets in this country has a long-term rating equivalent to that of a financial giant: А- with Outlook Stable and a short-term rating being А-2. UBB has been awarded a long-term rating АA- (BG) with Outlook Stable, and a short-term rating being А-1+, both according to the national scale.

As per the report of the BCRA the decision to award such credit rating to UBB reflects the positive trends in the structure and quality of assets, validated during the annual review period, upon generated high profitability and positive financial results.

„UBB affirms its position as a leading bank in this country, as assessed under many qualitative and quantitative measurable criteria, such as: Supported stable growth rates of attracted funds and assets, improvement of monitored indicators for assessment of the activity and stability, proactive rates of improvement of our loan portfolio quality, recovered high levels of capital adequacy, high liquidity, as well as the successful application in its management of the criteria and experience of the parent bank.“, the report says.

The credit rating agency reports the positive impact of UBB’s appurtenance to KBC Group – a leading European financial group - as this provides grounds to BCRA for awarding an assessment, which exceeds by two notches the sovereign rating of the Republic of Bulgaria (being ВВВ(ns), Outlook Stable) awarded by BCRA.

„UBB’s total assets at the end of the reviewed period – June 2025 - amount to BGN 40.1 billion, thus affirming the Bank as the biggest one in Bulgaria – now exceeding by nearly BGN 2.4 billion those of its closest competitor in terms of size (as compared to BGN 1 billion difference at the end of 2024). The increase in assets is expressed in growth, both in terms of loans, and in investments. “, the report also reads.

The conclusion of the BCRA is the following: During the analyzed five-year period UBB has very well-structured assets, with clearly expressed characteristic features of stability and amendments in the direction of enhancing profitability and optimizing risks.

UBB sources remind that over the present year the Bank has obtained two credit assessments from the International Rating Agency Fitch Ratings, and in July, after the agency had increased the sovereign rating of Bulgaria due to the decision for this country’s accession to the Eurozone, it also increased the long-term rating of UBB (Long-Term Issuer Default Rating – IDR) from 'A-' up to 'A' with Outlook Stable. The long-term rating of UBB is two notches above that of Bulgaria and is the highest such rating of a private institution in this country.