Postbank is Bank of the Year

Postbank

The financial institution also received the prize in the Development Dynamics category

Postbank became the grand prize winner in the 30th-anniversary edition of the Bank of the Year Awards, organised by the Bank of the Year Association. This is the leading event through which business and the public give their assessment of the performance of the Bulgarian banking system as a substantial part of the national economy. At the ceremony, which took place last night at the Grand Hotel Millennium Sofia, the financial institution was awarded for its outstanding performance, high business results, and efficiency over the past year while also being awarded the prize for the most dynamic bank in the country.

The grand prize, Bank of the Year 2021, was bestowed on Petia Dimitrova, CEO and Chairperson of the Management Board of Postbank, by President Rumen Radev.

“This is a very emotional moment because last year Postbank celebrated its 30th anniversary. I would like to thank all my colleagues, the shareholders of our group, and our numerous customers. I believe that in the coming years we will continue to develop just as successfully and provide the same high quality of services,“ said Mrs. Petia Dimitrova during the award ceremony.

Earlier, Postbank also received the prestigious award in the Development Dynamics category. „I am proud that our success has been noticed and we have been awarded in this important category. It is at the same time very obliging, so I am convinced that we are yet to demonstrate with full force the dynamics of our development and impress the market with our products,“ said Mrs. Petia Dimitrova.

She also expressed her gratitude to Valentin Panayotov, Chairman of the Board of Directors of the Bank of the Year Association, for his consistent efforts in organising the awards. „This event not only recognises the success of banks, but it is a place where we all come together and exchange ideas for the development of our sector, so I wish it many more years to come,“ Mrs. Petia Dimitrova commented.

The Bank of the Year Awards were established and presented for the first time in 1992 and have become one of the most prestigious events over the last 30 years, traditionally bringing together the country’s financial, political, and business elite. Some of the most renowned experts and professionals in the financial and banking business have been involved in the development of the methodology for assessing the performance of banks over the years, using the experience of internationally recognised best practices in assessing the annual performance of banks. The methodology uses the annual results of banks officially presented and published by the Bulgarian National Bank, as well as the audited reports of financial institutions.

The views expressed in this article are those of the authors and do not necessarily reflect the views or policies of The World Financial Review.