Bank In Republic of Bulgaria - Republika Balgaria - Република България +359

 Banks in the World Banks in Bulgaria

HVB BANK BIOCHIM 
1000 SOFIA, 1, Ivan Vazov Str.
Tel. 359 2/ 92 69 210, Fax 359 2/ 981 93 60
www.biochim.com

About:
HVB Bank Biochim, member of UniCredit Group, is a leading bank in Bulgaria with total assets of BGN 2.7 billion (about EUR 1.4 billion) as of the end of the second quarter of 2006. HVB Bank Biochim is a subsidiary of Bank Austria Creditanstalt (BA-CA), a member of UniCredit Group. BA-CA is Austria’s largest bank with shareholders’ equity of more than 7 billion euros. Together with UniCredit, BA-CA operates the most extensive international banking network in CEE with responsibility for 24 countries, more than 2,900 offices and some 60,000 employees serving about 17 million customers. UniCredit Group is the fourth-largest bank in Europe. By joining forces with HVB Group and BA-CA in 2005, a truly European bank was created. 

HVB Bank Biochim has about 1 500 employees working in around 130 branches and offices covering the whole territory of Bulgaria. The bank together with Bulbank and Hebros Bank are members of UniCredit Group. It is planned for the three financial institutions in Bulgaria to merge in the second quarter of 2007. The merger of Bulbank, HVB Bank Biochim and Hebros Bank will create the leading Bulgarian bank with total assets of EUR 3 billion, 326 branches and over 1 million customers.



Market leader
As a stable and modern financial institution HVB Bank Biochim offers a product range that covers all sectors of the Bulgarian economy and that complies with the high European standards. HVB Bank Biochim actively works with both big multinational and domestic corporate customers and small and medium enterprises, individuals and budget enterprises. 
The bank has over 400 000 clients and stably increases its client base. HVB Bank Biochim meets the challenges of the competitive Bulgarian market by undertaking determinate steps for satisfying the ever changing needs of its clients. The management and the employees of the bank continuously create and introduce new products and services for the consumers. This approach contributes not only to promoting the good image of the bank but also to the success of its business partners. 
The main objective of HVB Bank Biochim is to be a leading company for financial services in Bulgaria that offers fast and reliable services complying with the specific needs of the clients. The bank pays special attention to the competent (personal) consultation when serving the individual clients and companies.



History
1986 – foundation of a joint venture Bayerisch-Bulgarische Handelsbank 
1992 – CA IB founds an office in Sofia 
1995 – Biochim is founded in September 1995 as a result of the merger of 3 state banks in Bulgaria: CB Biochim (founded in 1987), CB Sofiabank (1993) and CB Serdika (1995). 
1997 – A fully operative branch Bayerisch-Bulgarische Handelsbank is founded in Sofia 
2002 – Establishment of HVB Bank Bulgaria. 
- Privatization of CB Biochim by Bank Austria Creditanstalt 
- Merger of CB Biochim and HVB Bulgaria for the record time of 2,5 months 
2003 – The privatized CB Biochim changes its name to HVB Bank Biochim 
2004 – On November 3 an agreement for the purchase of Hebros Bank is signed 
2005 – On March Hebros Bank becomes part of the Group 
2005 - On November 21 HVB Bank Biochim and Hebros Bank become members of UniCredit Group



Awards and sponsorships

Selected awards 

HVB Bank Biochim:
“Best Bank in Bulgaria”
Euromoney 2005, 2006.

HVB Bank Biochim:
"Banker of the year”
“Banker” 2004, 2005.

HVB Bank Biochim:
„Golden wallet” for best banking management
Darik Radio 2004.

HVB Bank Biochim
“Golden feather” 2004, 2005, 2006.
For contributions to the Bulgarian culture

www.biochim.com 
Audience award
“Best financial site” of BG Site 2004 competition

 
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