Dimitar Kostov

Bulgaria's central bank is gearing up to enforce stricter rules intended to help reduce non-performing loans (NPLs) at the country's banks by the end of the year, deputy central bank governor Dimitar Kostov said on Wednesday.

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.

The government nominated on Wednesday the Governor of the Bulgarian National Bank (BNB) Dimitar Radev as Governor for Bulgaria in the International Monetary Fund (IMF).

Bulgaria's Parliament on Wednesday voted into office the three deputy governors of the central bank BNB proposed by the new BNB head Dimitar Radev, BNT TV channel reported.

Two of the three deputy governors - Dimitar Kostov  and Kalin Hristov - had served under Radev's predecessor Ivan Iskrov who stepped down last month.

Parliament is to vote Wednesday on the appointment of the three Deputy Governors at the country's central bank, the Bulgarian National Bank (BNB).

Dimitar Radev, the newly elected Governor of the Bulgarian National Bank (BNB), has announced that Kalin Hristov and Dimitar Kostov will remain Deputy Governors.

Ivan Iskrov, Governor of the Bulgarian National Bank (BNB) has submitted to Parliament a proposal for the appointment of Dimitar Kostov as head of the Bank Supervision unit of BNB.

The proposal was tabled at around 4 pm on Thursday, according to the press office of BNB, as cited by Darik radio.
Kostov is currently member of the Managing Board of BNB and heads its Banking unit.

Bulgaria's central bank deputy governor Dimitar Kostov is the most likely successor to Tsvetan Gounev as head of the bank's Banking Supervision Department if Parliament dismissed Gounev, 24 Chasa news daily reported on Thursday without quoting sources.

Leaders of political parties have arrived at Bulgaria's Presidency to attend consultations with head of state Rosen Plevneliev over the latest developments in the banking sector.