BACB named third best company in CEE

04.06.2007 Source: Pari

The Bulgarian American Credit Bank (BACB) is the only Bulgarian enterprise included in the ranking of best managed companies in Central and Eastern Europe (CEE) compiled by international financial magazine Euromoney. BACB occupied the number three spot among the CEE companies with the most consistent strategy, trailing only behind Czech CEZ and Telefonica 2. BACB also ranked third in the banks and finance category of the survey. The bank is also second in terms of most transparent financial reports among all CEE companies. BACB also garnered 33% of the votes for best-managed company in Bulgaria. Chimimport was the second best-managed company in Bulgaria with 12% of the votes. Monbat, DSK bank and ProCredit shared the number three spot with 9.5% of the votes each.