In view of the reorganization of KBC Bank Bulgaria ЕAD through merger into United Bulgarian Bank AD and in accordance with Article 12, para 4 of the Law on Bank Deposit Guarantee (LBDG), we would like to advise you that deposits with KBC Bank Bulgaria ЕAD and United Bulgarian Bank AD are guaranteed separately for each bank for a six-month term as of the date of the incorporation’s entry in the Commercial Register and Register of Non-Profit Legal Entities, 10 April 2023.

Upon the expiration of the said term deposits of a physical person or a legal entity placed with KBC Bank Bulgaria ЕAD and United Bulgarian Bank AD prior to the reorganization, along with the interest accrued, shall be summed for the calculation of the guarantee to the amount of BGN 196,000 in compliance with Article 12, para 1 of LBDG.

More information: For Depositors