Member news

Postbank Wins Third International Recognition for Innovations

September 12, 2016
Postbank Wins Third International Recognition for Innovations

The financial institution is again the only Bulgarian bank finalist in the annual European Business Awards

Postbank is once again the only Bulgarian financial institution, which is a finalist in the European Business Awards, annual international contest for best practices and high business achievements. This is the third consecutive award won by the bank, as this year it is a finalist in the competition's tenth anniversary edition in theInnovations in Business category with its innovative Different Consumer Loan. The consumer loan is unique on the market and allows the consumers to finance their projects quickly and easily and receive back 10% of the loan interest rate paid during the loan term.

The main objective of the prestigious European Business Awards is to support the development of a stronger and more successful business community across Europe. Postbank is selected by a prestigious jury and is one of 13 Bulgarian companies in the innovations category (UKTI Award for Innovation). This year's winners are from 34 countries and operate in various economic sectors.

"I am happy that for a third year in a row we have won the National Champion distinction and will be representing our country in the business innovations category. Our clients seek value added products that will fully meet their needs; they want a trusted partner in the face of their bank and we provide that. The international award is another proof that we are developing in the right direction. The fact that once again we are the only financial institution among the Bulgarian companies makes us proud with our achievement. We believe that the key to success lies precisely in the innovative products and services that have long been part of our daily operations and are the power that makes us market leaders," Ms. Petia Dimitrova, Chief Executive Officer and Chairperson of the Management Board of Postbank, commented.

Traditionally the European Business Awards jury consist of high-ranking government and business leaders of European countries, including Philip Forrest, President of the International Customer Service Institute and chair of this year's jury, Petar Stoyanov, President of the Republic of Bulgaria (1997-2002), Yves Leterme, Prime Minister of Belgium (2009-2011), Alfonso Pecoraro Scanio, Minister of Environment of Italy (2006-2008), Takis Klerides, Minister of Finance of the Republic of Cyprus (1999-2003).

About the European Business Awards:

European Business Awards is an independent competition created to distinguish the best practices and promote innovations and the manifestation of entrepreneurial spirit in the European business circles. The competition brings together the best leaders and companies on the old continent and stimulates the exchange of ideas between them. The three main principles of the awards are Innovations, Ethics and Financial Success. Within the tenth anniversary edition of the competition, the jury members look for creativity, observance of ethical principles, good relations with all stakeholders and long-term planning in order to achieve sustainable results against the background of the dynamic market conditions.


More news

Katarzyna Estate Wines Scoop Prizes

Katarzyna Estate Wines Scoop Prizes

Best of Show and a golden victory for Katarzyna Reserve 2017 at one of the three most prestigious world wine competitions – Mundus Vini Summer Tasting 2021! Golden medals were a......»

KPMG in Bulgaria Expands Its Leadership Team

KPMG in Bulgaria Expands Its Leadership Team

As of 1 October 2021 KPMG in Bulgaria expands its Partners and Directors team. „Our extraordinary people are the drive that makes KPMG successful. Now more than ever businesses......»