Over BGN 2 B Of KTB Guaranteed Deposits Already Paid Off

Business » FINANCE | December 10, 2014, Wednesday // 13:22
Bulgaria: Over BGN 2 B Of KTB Guaranteed Deposits Already Paid Off

More than BGN 2 B of the guaranteed deposits in the Corporate Commercial Bank (KTB), which is undergoing an insolvency court procedure, have already been paid off, reports the Deposit Insurance Fund (DIF).

The paying off of the insured deposits started on December 4 and only in the first day were paid off more than BGN 1 B.

In four working days, more than 55 000 KTB depositors, out of the 255 000 with insured deposits, got their savings back.

The total sum of insured KTB deposits is BGN 3.6 B.

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Tags: KTB, DIF, deposits

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