Allianz Bulgaria and UniCredit Bulbank extend their exclusive partnership for a new 5-year period

18.10.2023

The strategic cooperation of the two financial organizations will continue with the provision of innovative and reliable solutions for their clients in Bulgaria.

Allianz Bulgaria and UniCredit Bulbank signed a new agreement, which extends the exclusive cooperation agreement for another 5 years. The agreement strengthens the long-standing partnership between the two financial institutions and attests to their commitment to customers and the development of the Bulgarian market.

The cooperation was launched in 2018 as a continuation of the decision for a partnership between UniCredit and Allianz at the regional level for the countries of Central and Eastern Europe. Within the framework of the agreement, the bank exclusively offers the products of the insurance company in the field of life insurance and general insurance. Thanks to the partnership, UniCredit Bulbank customers can benefit from exclusive access to a variety of products and services provided by Allianz, including insurance packages, investment opportunities and risk management advice. The joint work of the two companies focuses on innovative solutions and customized offers to meet the needs and preferences of customers.

"We are launching a new stage in the partnership between UniCredit Bulbank and Allianz. Our cooperation over the past years has been driven by a common goal to develop the market of investment opportunities and financial solutions, responding in the best way to client needs. We remain focused in our efforts to create opportunities for growth and personalized banking service", said Tsvetanka Mincheva, CEO of UniCredit Bulbank.

"The exclusive partnership of Allianz Bulgaria with one of the largest financial institutions in the country - UniCredit Bulbank - is a confirmation of our successful strategy. The partnership is a unique opportunity for UniCredit Bulbank customers to receive innovative and reliable insurance and investment solutions tailored to their preferences. Allianz's mission is to secure the future of customers, so that they can look forward with confidence," commented Ioannis Kotsianos, Chairman of the Executive Committee of Allianz Bulgaria.

With the new 5-year contract, UniCredit Bulbank and Allianz are committed to stable and high-quality customer service and to their continued participation in the development of the Bulgarian economy.

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