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.
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.
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.
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.
Bulgaria's National Ombudsman Konstantin Penchev has accused the Bulgarian National Bank (BNB) of inaction in the case of troubled Commercial Corporate Bank (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.
Some 53% of Bulgarians do not trust the banking system in the country, according to a survey conducted by Gallup International.
Kiril Ananiev has been appointed Deputy Finance Minister in the caretaker government led by PM Georgi Bliznashki.
Depositors in Corporate Commercial Bank (KTB) will rally in several Bulgarian cities this afternoon to demand immediate access to their accounts.
The southern Bulgarian municipality of Radnevo is virtually bankrupt, according to the Mayor, Yulian Ilchev.
By end of July the Sofia branch of Bulgaria's National Revenue Agency (NRA) collected more than BGN 2.
Bulgaria's Customs Agency is lagging behind its collection target by nearly BGN 500 M.
All ministries will be subject to audits in the period August 15-25 as part of a set of priority economic measures of Bulgaria's caretaker government.
Bulgaria's Gross Domestic Product (GDP) expanded by 1.6% in Q2 2014 over the same quarter of the previous year and by 0.5% compared to Q1 2014.
Bulgaria’s 2014 budget gap will be above plan but the interim cabinet will try to contain it below the three-percent ceiling required by the EC.
The bank Credit Agricole Bulgaria is renamed to Commercial Bank Victoria, reports Money.bg, quoting an entry in the Commercial Registry from August 8.
Bulgaria's Ombudsman on Thursday urged the central bank to be more flexible in managing its restrictions on KTB bank to alleviate the plight of the bank’s clients.
Sofia's Public Transport Company Gets New Busses
Sofia Zoo Closed