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

 Banks in the World Banks in Bulgaria

HEBROSBANK 
1558 SOFIA, 2, Maria Louisa Blvd.
Tel. 359 2/ 92 60 700, Fax 359 2/ 92 60 560
www.hebros.bg

About:
History and foundation
Hebrosbank was incorporated in 1993 as a result of the merger of 8 commercial banks.

Scope of activity
The bank has been granted a full banking license issued by the Central Bank (BNB).It develops as a universal commer- cial bank orie ntated at serving a wide range of clients-from corporates to individuals.

Hebrosbank has been appointed as a primary dealer participating in the government securities auctions organized by the BNB and has been entered as an investment broker in the Register of the Committee for Securities and Stock Exchanges. This extends its opportunities for dealing with securities.

Ownership
On 1 March 2005 was finalized the deal for the acquisition of Hebros Bank by Bank Austria Creditanstalt, which is responsible for the markets in Central and Eastern Europe within HVB Group, and its Bulgarian subsidiary HVB Bank Biochim. 

Today Hebros Bank is a part of the leading Austrian banking group, Bank Austria Creditanstalt (BA-CA). BA-CA is a member of HVB Group, a global financial group based in Germany and one of the leading banking institutions in Europe. 

More up-to-date information about HVB Bank Biochim and Hebros Bank is available in our Bulletin for clients.


Mission
The main target of the new owner is Hebros Bank to become a leader in commercial banking in three years time by adopting models from similar banks in developed countries.

To attain our mission and goals we are guided by next main corporate values:
We create new ideas and we work as a team. This is our guarantee for success.
We believe that our first responsibility is towards our clients and we aim towards supplying first class servicing for them.
We feel responsible towards our staff.
We aim for a good cooperation with the municipalities and institutions in Bulgaria.
We abide to all rules for bank management and we believe in honesty among ourselves.
We honour and abide to corporate values that unite us.
We support good deeds and compassion in the community, where we live and work.


Strategy
Hebros Бank aims at:
Enhancing the attractiveness of its banking products by offering a full range of banking products with focus on two market segments (corporate banking and retail banking).
Hebros Bank will also focus on non-branch channels and use its branches to distribute financial services currently not available by entering strategic partnerships with providers of such services.
Investing in state of the art IT systems to improve customer service, productivity, enhance revenue and reduce costs. 

 
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