Credit Agricole Bulgaria Renamed To Commercial Bank Victoria

Business » FINANCE | August 11, 2014, Monday // 16:20| Views: 4470 | Comments: 2
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Bulgaria: Credit Agricole Bulgaria Renamed To Commercial Bank Victoria File photo.

The bank Credit Agricole Bulgaria is renamed to Commercial Bank Victoria, reports, quoting an entry in the Commercial Registry from August 8. 

Currently the bank, 100% owned by troubled Corporate Commercial Bank (KTB), is represented by the administrators, appointed by the Bulgarian National Bank (BNB) Hristina Stamova and Bozhidar Arshinkov. 

One of the ideas, discussed in connection to KTB problems, was to transfer all “good” assets from KTB to Credit Agricole. It, however, has not come into being, at least so far.

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» To the forumComments (2)
Capricorn - 12 Aug 2014 // 10:52:54

Another attempt to divert money into pockets of certain people

Bruce Gaskell - 12 Aug 2014 // 09:46:44

It sounds like a good way to take over the bank from the owners