In February 2018, the legal merger of CIBANK JSC into United Bulgarian Bank AD (UBB) was registered in the Commercial Register. Thus CIBANK has ceased to exist as a separate legal entity and its clients have automatically become clients of UBB. The merger of the two banks is a process which aims at bringing the new, bigger UBB, to the forefront. After the legal merger of CIBANK JSC, only the new United Bulgarian Bank has remained on the market.