Ivan Iskrov

The Bulgarian National Bank paid BGN 22.3 M to the Board of Directors and its employees in 2015.

BGN 6 M were for bonus payments, announced a report by the National Audit Office. Ivan Iskrov was the Governor of BNB until July, 2015. After that, the position was occupied by Dimitar Radev.

The Bulgarian legislators have imposed an upper limit for the salary of the head of the country's financial regulator, making it equal to the wage of the Speaker of Parliament.

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'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).

Two committees of the Bulgarian Parliament will hold on Thursday hearings of the candidates for ombudsman and deputy governors of the Bulgarian National Bank (BNB).

The parliamentary Religious Denominations and Human Rights Committee will hold a hearing of the two candidates for ombudsman.

Dimitar Radev has been elected Governor of the Bulgarian National Bank (BNB).

Bulgaria's Parliament backed Radev out of a total of four candidates for the post.

Outgoing BNB Governor Ivan Iskrov was voted out of office by Parliament shortly before his successor was elected.

The Bulgarian Parliament will elect at an extraordinary plenary sitting on Tuesday the new governor of the Bulgarian National Bank (BNB).

The parliamentary Budget and Finance Committee held hearings of the four candidates on July 9.

The Bulgarian Parliament will elect the new governor of the Bulgarian National Bank (BNB) on July 14.

Bulgarian MPs decided on Friday to hold the hearing of the four candidates at an extraordinary sitting on July 14, daily Dnevnik reports.

The resignation of incumbent governor Ivan Iskrov, which had been announced in June, entered into force on Friday.

Strenghtening banking supervision and evaluation of banks' assets are key to successful reform of Bulgaria's banking sector, a nominee for a new chief of the country's central bank has said.

According to Dimitar Radev, the collapse of Corporare Commercial Bank, or KTB, has shown that Bulgaria is lacking tools for the restructuring of banks.