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Commercial Bank Victoria EAD is due to renew transactions and services for customers as of December 12, 2014, Bulgaria's central bank has said.
Victoria, formerly Credit Agricole Bulgaria and a subsidiary of Corporate Commercial Bank (Corpbank or KTB) has been under conservatorship since June, just days after a similar move at KTB following a deposits run.
Victoria's liquidity is now at BGN 160 M, the Bulgarian National Bank BNB has said in a statement.
Depositors there will be offered unlimited services from Friday as earlier announced.
A shareholders meeting is scheduled for December 15 at Commercial Bank Victoria to sit on a proposal to change the bank's Statute and to have a new five-strong Board of Directors.
The five names mentioned by the national regulator are Krasimir Zhilov, Galya Dimitrova, Bozhidar Arshinkov, Evgeniya Stoyanova and Boyka Vasileva.
Ernst & Young is the BNB's proposal to become an auditor at Victoria, a function the company had had until end-2013.
The special supervision on Victoria will be lifted on December 12.
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