Even before the acquisition of the Bank by MKB Bank, Germany, the Union Bank of Bulgaria was regarded as one of the most customer-friendly and pro-active banks in Bulgaria operating and servicing its customers in a fashion we have come to take for granted in Western Europe. As Crown Developments’ financing partner and guarantor, Union Bank provides assurance that the project they have invested in has the financial security to be delivered, as contracted on time to quality and as they envisaged.
Crown also, as a result of this unique relationship, and as Crown Bulgarian Properties, on behalf of Union Bank, brings to the market the first Non-status mortgages for foreigners in Bulgaria (see the Mortgages section under Services for further detail) thus making the opportunity to invest in Bulgaria a much more strategic and financially structured process.