53% of Bulgarians Do Not Trust Banking System – Poll

Business » FINANCE | August 20, 2014, Wednesday // 12:32| Views: 1471 | Comments: 1
  • Send to Kindle
Bulgaria: 53% of Bulgarians Do Not Trust Banking System – Poll File photo.

Some 53% of Bulgarians do not trust the banking system in the country, according to a survey conducted by Gallup International.

Lack of trust in Bulgarian financial institutions is on the rise for second straight month. In July, it was 41%.

Meanwhile, some 27% and 33% of the polled said they had trust in the banking system in August and in July respectively, BGNES reports.

Almost half of the respondents (49%) think that Corporate Commercial Bank (KTB) has been a subject of political attack. A total of 16% of the polled disagree with that proposition and 35% can not say.

Most Bulgarians (43%) want KTB to be 'saved' and rehabilitated by its shareholders. Only 19% of the respondents said they wanted the bank to be closed and to declare bankruptcy. Some 38% have no opinion on the matter, BGNES informed.

The study of Gallup International was conducted between 1-6 August 2014 among 1,010 people. The statistical error is 3%.

Finance » Be a reporter: Write and send your article
Tags: trust, banking system, banks, Corporate Commercial Bank, KTB, poll, Gallup
Expats.bg All Are Welcome! Join Now!
Advertisement
Advertisement
Please, log in to post a comment.
» To the forumComments (1)
#1
tt5555555 - 21 Aug 2014 // 12:14:57

We offer fresh cut bank instrument for lease/sale, such as BG, SBLC, MTN, Bank Bonds, Bank Draft, T strips and other. Leased Instruments can be obtained at minimal expense to the borrower compared to other banking options and we also discount/monetize BG's.
This offer is open to both individuals and corporate bodies.
If in need of our services, contact me for detail information.
Thank you,
Mr.Joe Duane
email:jduane076@gmail.com
Joeduane@consultant.com

Bulgaria news Novinite.com (Sofia News Agency - www.sofianewsagency.com) is unique with being a real time news provider in English that informs its readers about the latest Bulgarian news. The editorial staff also publishes a daily online newspaper "Sofia Morning News." Novinite.com (Sofia News Agency - www.sofianewsagency.com) and Sofia Morning News publish the latest economic, political and cultural news that take place in Bulgaria. Foreign media analysis on Bulgaria and World News in Brief are also part of the web site and the online newspaper. News Bulgaria