What is "unionbank"

Unionbank ( Bulgarian: Юнионбанк, Yunionbank) is a major Bulgarian retail and commercial bank with headquarters in Sofia.

As of the end of 2010, its assets amounted to over €1.7 billion and growing, while the share capital of the bank exceeded €158 million. Unionbank has 55 active branch locations around the country. As of January 2011, the bank has a long-term credit rating of BBB+ from the Fitch credit agency.