Central Cooperative Bank

The construction of a mansard floor on the roof of one of the most remarkable buildings in Sofia, which is located at the corner of Ivan Vazov Street and Rakovski Street, is under preparation. The work plan for the change already has the consent of the Ministry of Culture and has been signed by the Minister of the Ministry Boil Banov.

The ECB's assessment of six major banks working in the country has to show whether they can resist external as well as internal risks. Stress tests are already running and are due to the demand for Bulgaria to enter the Eurozone waiting room (ERM II mechanism) and the Banking Union, the 24-hour newspaper writes.

The European Central Bank will undertake a comprehensive assessment of six Bulgarian banks by next July, it said on Monday, part of Sofia's effort to join the banking union before adapting the euro currency, reports Reuters. 

SOFIA (Bulgaria), August 8 (SeeNews) - A 5.54% rise in the share price of Bulgaria's First Investment Bank (Fibank) [BUL:5F4] helped the blue-chip SOFIX index of the Bulgarian Stock Exchange end the trading session on Wednesday in green territory, bourse data shows.

Commercial Bank Victoria EAD is opening on Friday, December 12, following nearly half a year of conservatorship.

All sums, and not only those of up to BGN 196 000 (as the case was with Corporate Commercial Bank) will be available for withdrawal.

Interior Minister Veselin Vuchkov has announced he had approved measures to step up security at bank offices where deposit holders will have access to their savings at Corporate Commercial Bank (Corpbank or KTB).

Thursday, December 4 is the first day of reimbursement, with deposit holders allowed to manage their assets over the next five years.

Bulgarian police has beefed up security measures relating to the upcoming repayment of state-guaranteed deposits with the collapsed Corporate Commercial Bank.

Bulgaria's Bank Deposit Insurance Fund has announced the names of the nine banks to be in charge of reimbursing deposits at Corporate Commercial Bank (Corpbank or KTB) from December 4.

After KTB has been under conservatorship since June 20, depositors are still waiting for access to their savings.

Last Saturday the Movement for Rights and Freedoms (DPS), GERB and the Central Bank wanted to temporarily suspend the operations of all banks in Bulgaria, said Rumen Gechev. 

The index of the Bulgarian stock exchange SOFIX lost 5.5% on Thursday, compared to Wednesday, reports Mediapool.bg. 

A drop was posted by the Central Cooperative Bank (CCB) – 6.35% and the First Investment Bank – 7.95%. The shares of Chimimport dropped significantly – 10.79%, Petrol – 12.28% and Eurohold – 7.03%. Bulgartabak Holding's shares dropped by 18.17%.