Bulgaria's central bank
Bulgaria Reports BGN 2.35 B Budget Surplus for End-April
Bulgaria consolidated budget showed a surplus of BGN 2.35 B as of end-April, equivalent to 2.6% of the projected 2016 GDP.
This compared with consolidated budget surplus of BGN 1.07 B, equivalent to 1.2% of GDP at the end of April 2015.
Receivers Make Public AlixPartners' Final Report on Bulgaria's Insolvent KTB
The receivers of insolvent Corporate Commercial Bank (Corpbank or KTB) have made public a report tracking the assets of Bulgaria's fourth-largest lender.
An English-language version of the final report, prepared by UK-based consultancy AlixPartners in September 2015, had been initially submitted to Parliament's Secret Registry to be read by lawmakers only.
Bulgaria Reports BGN 915 M Consolidated Budget Surplus for End-February
Bulgaria consolidated budget has shown a surplus of BGN 915.2 M at the end of February, equivalent to 1.0% of the projected 2016 GDP.
This compared with budget deficit of BGN 105.5 M equivalent to 0.1% of GDP at the end of February 2015, the Finance Ministry said in a statement on Thursday.
Bulgarian C-bank Discussing Reform Agenda with EU Envoys
Reforms in governance and banking supervision at Bulgaria's central bank have been discussed at a meeting of its governor Dimitar Radev with the heads of missions of EU Member States and the delegation of the European Commission in Sofia on Tuesday.
Vienna Insurance Group Beefs up Presence in Bulgaria
Bulgaria's Bulstrad, part of Vienna Insurance Group (VIG), has completed the acquisition of the country's bancassurer UBB-AIG, VIG said on Tuesday.
Simultaneously with the acquisition, a cooperation agreement with United Bulgarian Bank (UBB) has been signed, VIG said in a statement.
Bulgaria's BGN 2 Coin to Enter Circulation Dec. 7
Bulgaria's central bank announced on Thursday that it will put into circulation a coin with par value of BGN 2 on December 7, 2015.
The two-lev banknotes issues 1999 and 2005 will remain a legal tender alongside the new coin until they wear out and become unfit for circulation.
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Bulgaria's C-Bank Moves to Improve Supervisory Role
Bulgaria's central bank BNB on Monday adopted a plan for reforming its banking supervision activities which takes into account the conclusions made by the International Monetary Fund, the World Bank and the country's Audit Office.
Bulgaria's Central Bank Warns of Scam Phone Calls
Bulgaria's central bank on Friday warned of a scam involving potential misuse of personal data.
The Bullgarian National Bank (BNB) said that it has been tipped about unknown individuals making unsolicited phone calls, claiming to work as BNB employees and offering credit cards at preferential terms.
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Bulgaria's C-Bank Discloses Pay of Former Governor, Deputies
Bulgaria's central bank on Friday made public the remuneration packages of its former Governor Ivan Iskrov and his two deputies Kalin Hristov and Dimitar Kostov.
Bulgaria C-Bank Refuses to Allow Doverie to Buy Tokuda Bank
Bulgaria's central bank said on Friday it has rejected an application by Sofia-based Industrial Holding Doverie to acquire 99.53% of the share capital of Tokuda Bank.