Bulgaria
Number one for domestic and international clients
At UniCredit Bulbank, Global Securities Services covers the full range of services including safekeeping, settlement, corporate action and proxy voting, pension fund administration and NAV calculations, advisory functions on financial markets etc. The number one custodian features the biggest leading and cross-border client base
The Bank’s in-house development of IT-solutions, furthermore, reaches the highest level of STP processing. It comprises experts of security services with large-scale and deep market knowledge and a long track record in both, in- and outbound businesses, who consistently provide top services and strong client-oriented approaches.
UniCredit Bulbank is the subcustodian with the most extensive coverage of the CEE region, which is crucial for the large number of domestic clients investing abroad.
Sigla valuta:
BGN
Contact information:
Madlen Mineva
Head of Global Securities Services, Bulgaria
+359 2 923 2673
madlen.mineva@unicreditgroup.bg
Borislav Hitov
Senior Relationship Manager
+359 2 923 2670
borislav.hitov@unicreditgroup.bg
Address:
Flag:
Machine name:
bulgaria
Sidebar image:
Claim:
Bank:
UniCredit Bulbank AD
Local links:
- BULGARIAN STOCK EXCHANGE:
http://www.bse-sofia.bg - BULGARIAN NATIONAL BANK:
http://www.bnb.bg - CENTRAL DEPOSITORY AD:
http://www.csd-bg.bg - FINANCIAL SUPERVISION COMMISSION:
http://www.fsc.bg - MINISTRY OF FINANCE:
http://www.minfin.bg
Bulgarian Stock Exchange licensed under Regulation (EU) 2016/1011
BSE joins the European group of benchmark administrators
Central Depository AD announces changes related to SRDII and CSDR – update
On 3 September 2020 Central Depository AD (CDAD) published on its website a new updated version of its Operational Instructions Handbook. The new updates include:
Central Depository AD announces changes related to SRDII and CSDR
On 26 August 2020 Central Depository AD (CDAD) published on its website an updated version of its Operational Instructions Handbook. The updated Handbook contains among others the following changes:
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SRDII-related in force as of 3 September 2020: CDAD will follow ISO20022 standard for communication of corporate action information to its members, including general meeting notifications. There is no information on Shareholders’ Identification Disclosure.
1Q2020 Bulgaria Market Statistics
Establishment of a Clearing House for Transactions in Electricity, Natural Gas and Goods
Tangible market development in Bulgaria
Central Depository’s platform for electronic voting
On 5 May 2020, in light of the continuing COVID-19 restrictions, Central Depository AD (CDAD) held a virtual meeting with issuers, custodian banks and other market participants to present its EPOS platform, launched in 2018. The platform aims at facilitating the electronic voting at general meetings of both public and non-public companies.
4Q2019 Bulgaria Market Statistics
COVID-19: Deadline Extensions for General Meetings and Issuers’ Reporting
The Act on the Measures and Actions during the State of Emergency Declared by a Resolution of the National Assembly on 13 March 2020 has been promulgated on 24 March 2020. This Act introduced, among others, the following changes for 2020 in the Public Offering of Securities Act in force as of 13 March 2020:
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The ordinary general meeting of any public company can be held until 30 September 2020 instead of within the first half of the year.
Measures taken by Bulgarian market infrastructure
In compliance with the effected state-wide measures aiming to contain the spread of COVID-19 in Bulgaria, the market infrastructure institutions have announced measures to maintain normal operations and full range of services offered.