While the global economy gradually recovers from its worst downturn in decades, KBC has been working on a strategic review to enhance its position in the post-crisis period. The new business plan will enable KBC to continue to act as a solid European regional player that is attractive for its customers, employees, shareholders and the communities in which it operates.

Dear Customers, We would like to inform you that as from 01 November 2009 the new Law on payment services and payment systems came into force, as well as the new Ordinance № 3 of the Bulgarian National Bank on the procedures for implementing payment transactions and the use of payment instruments. These regulations govern the implementation of European Payment Services Directive principles within the Bulgarian legislation.

From Oct.8th to Oct 10th, 2009, the Sixth National conference of the Bulgarian municipal authorities will be held in the town of Sandanski. It is organized by the National Association of Municipalities in Bulgaria. The aim of this meeting is to create a forum for the Mayors, the Chairs of Municipal Councils, members of the municipal councils and key experts, where they could discuss the trends in the development of local governance in Bulgaria.

CIBANK held an official ceremony for the opening of its new office in Gabrovo. The ofiice is entirely in compliance with the new corporate vision of the bank as part of KBC Group. Peter Andronov, CEO of CIBANK, and Tomislav Donchev, Mayor of Gabrovo, cut the ribbon. All members of the Management Board of the bank were present at the ceremony, as well as the Gabrovo Branch Manager and Regional Manager for the North-Central Region, Nikolay Kolev

The new current account with differentiated interest accrual called Business Active by CIBANK PLC offers your business up to 10 times higher profitability compared to standard interest rates on current accounts of legal entities in BGN and EUR