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Business » Finance

Gov't to Seek BGN 300 M from Internal Market

Bulgaria's Finance Ministry is to place BGN 300 M worth of securities on the domestic market next week, the Bulgarian National Bank (BNB) has announced on its website.

Business » Finance | September 2, 2014, Tuesday // 08:46 | Viewed: 367

Tsvetan Vasilev to Make Proposal on KTB within Days – Central Bank

The Bulgarian National Bank (BNB) has received answers to the letters it had sent to Bromak JSC and the State General Reserve Fund of Oman, Corpbank's major shareholders.

Business » Finance | September 1, 2014, Monday // 18:17 | Viewed: 981

Bulgaria's Public Debt Sees Significant Increase in July

Bulgaria's public debt at the end of July 2014 amounted to EUR 9.4242B, according to data revealed by the Ministry of Finance.

Business » Finance | September 1, 2014, Monday // 14:03 | Viewed: 752

Protests to Be Staged in Support of KTB Across Bulgaria

A number of Bulgarian towns and cities are to see demonstrations calling authorities to draft a plan which could help Corporate Commercial Bank (CorpBank or KTB).

Business » Finance | September 1, 2014, Monday // 11:52 | Viewed: 681

BGN 2 Banknote Replaced with Coin in 2015

The paper note of BGN 2 will be replaced with a coin in 2015, according to Bulgaria's National Bank sources cited by Standart News.

Business » Finance | September 1, 2014, Monday // 11:40 | Viewed: 614

Protest Rally in Sofia Demands KTB Reopening

A protest rally in front of the central bank building in Sofia on Friday demanded the reopening of Corporate Commercial Bank (KTB or Corpbank), state radio BNR reported.

Business » Finance | August 29, 2014, Friday // 18:55 | Viewed: 1105

Depositors at Bulgaria's Ailing Corpbank May Get Partial Access to Funds

Caretaker Finance Minister Rumen Porozhanov has said that depositors may get partial access to their funds at Bulgaria's troubled Corporate Commercial Bank (KTB, Corpbank) in September.

Business » Finance | August 29, 2014, Friday // 10:25 | Viewed: 1474

Bulgaria's KTB Can Be Rescued, Experts Say

The Expert Consultative Council on KTB, a Bulgarian business representatives', has proposed a list of measures to rescue the troubled lender without burden to taxpayers.

Business » Finance | August 28, 2014, Thursday // 16:45 | Viewed: 1451

Former PM Kostov Urges Fast Action to Rescue KTB

Bulgaria’s former Prime Minister Ivan Kostov on Thursday said there are two options to rescue the troubled Corporate Commercial Bank (KTB).

Business » Finance | August 28, 2014, Thursday // 14:18 | Viewed: 978

Bulgaria's Caretaker Govt Slashes BGN 500M Public Investment Program by BGN 150M

The budget of the government's public investment program "Growth and Sustainable Regional Development" will be downsized by BGN 150M from BGN 500M, according to caretaker Finance Minister Rumen Porozhanov.

Business » Finance | August 27, 2014, Wednesday // 18:05 | Viewed: 1031

1/3 Of Sums Withdrawn In June Put Back In Banks

One third of the money, withdrawn from Bulgarian banks in June was deposited back in the banks, shows data of the Bulgarian National Bank (BNB).

Business » Finance | August 25, 2014, Monday // 18:21 | Viewed: 856

Majority Owner Says Being Close to KTB Rescue Plan

Corpbank’s majority owner on Monday said he was working hard to restructure the lender jointly with the State General Reserve Fund of Oman and other interested investors.

Business » Finance | August 25, 2014, Monday // 11:55 | Viewed: 1412

Bulgaria's Ombudsman Accuses Central Bank of Inaction over Corpbank

Bulgaria's National Ombudsman Konstantin Penchev has accused the Bulgarian National Bank (BNB) of inaction in the case of troubled Commercial Corporate Bank (KTB).

Business » Finance | August 25, 2014, Monday // 11:16 | Viewed: 1033

Bulgaria's Interim Finmin Porozhanov Voices Concern about KTB

Interim Finance Minister Rumen Porozhanov has voiced concern about the impact of putting Corporate Commercial Bank under special supervision on Bulgaria’s banking system.

Business » Finance | August 20, 2014, Wednesday // 17:53 | Viewed: 1588

53% of Bulgarians Do Not Trust Banking System – Poll

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

Business » Finance | August 20, 2014, Wednesday // 12:32 | Viewed: 1143

Kiril Ananiev Appointed Caretaker Deputy Finance Minister

Kiril Ananiev has been appointed Deputy Finance Minister in the caretaker government led by PM Georgi Bliznashki.

Business » Finance | August 19, 2014, Tuesday // 15:15 | Viewed: 927

Depositors in KTB to Protest in Several Bulgarian Cities

Depositors in Corporate Commercial Bank (KTB) will rally in several Bulgarian cities this afternoon to demand immediate access to their accounts.

Business » Finance | August 19, 2014, Tuesday // 14:04 | Viewed: 1358

Bulgaria's Radnevo Municipality Virtually Bankrupt

The southern Bulgarian municipality of Radnevo is virtually bankrupt, according to the Mayor, Yulian Ilchev.

Business » Finance | August 18, 2014, Monday // 14:33 | Viewed: 1098

Sofia Branch of NRA Reports 10% Increase In Revenue

By end of July the Sofia branch of Bulgaria's National Revenue Agency (NRA) collected more than BGN 2.

Business » Finance | August 15, 2014, Friday // 11:44 | Viewed: 906

Bulgaria’s June C/A surplus grows

Bulgaria’s current and capital account showed a surplus of EUR 582.

Business » Finance | August 14, 2014, Thursday // 16:27 | Viewed: 1133

Bulgarian Customs Agency Lagging Behind Collection Target by BGN 500M

Bulgaria's Customs Agency is lagging behind its collection target by nearly BGN 500 M.

Business » Finance | August 14, 2014, Thursday // 15:11 | Viewed: 1006
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