Elena Zdravkova Kostadinchev
Inspection of Assets, Liabilities of Bulgarian KTB Bank Starts
An inspection of the assets and liabilities of the Corporate Commercial Bank (KTB) banking group has been launched.
The inspection, which was requested by the Bulgarian National Bank (BNB) and the government, includes the credit and investment portfolios, according to a media statement of BNB.
Bulgarian National Bank Places KTB Subsidiary under Conservatorship
The Bulgarian National Bank (BNB) has placed under conservatorship Credit Agricole Bulgaria, a subsidiary of the Corporate Commercial Bank (KTB), for 3 months.
BNB has appointed two supervisors, Stanislav Georgiev Lyutov and Elena Zdravkova Kostadinchev, and the members of the supervisory board and management board have been removed, according to a media statement.