Bromak EOOD
Bulgarian Court Appoints Two Temporary Assignees at Failed KTB
The Sofia City Court has approved the nomination of two temporary assignees who will manage the assets of collapsed Corporate Commercial Bank, or KTB, and run it on a daily basis.
Lazar Iliev and Rosen Angelchev will assume their new function within two days, BNR radio station reported on Wednesday.
Bulgarian Court Upholds Revoking of KTB's Banking Licence
Bulgaria's Supreme Administrative Court (SAC) on Tuesday upheld the central bank's decision to cancel the banking licence of collapsed Corporate Commercial Bank (Corpbank).
The decision can be appealed before a five judge-panel of the SAC within seven days.