Bank

Bulgarian National Bank (BNB) met on Friday representatives of Vienna-based fund EPIC, Oman's state fund and London-based Gemcorp, the central bank said in a statement.

Turkey’s banking watchdog has returned to allowing payment of jewelry and gold via credit card in up to four installments, after a ban on installments that lasted around one year, according to a regulation

Turkey’s Central Bank has said it will begin paying interest on financial institutions’ lira required reserves from November in a bid to support growth and domestic savings

European Banking Authority said Monday Bulgaria should allow immediate access of depositors at Corporate Commercial Bank (Corpbank, KTB) to their savings.

The payment of the guaranteed deposits in Bulgaria's troubled Corporate Commercial Bank (KTB) and its daughter bank Victoria (formerly Credit Agricole Bulgaria) would start in November, said Bulgaria's caretaker Finance Minister Rumen Porozhanov, quoted by BTA.

Greek banks remain burdened by large problem loan portfolios, despite boosting capital and progress with their integration and restructuring plans, Fitch Ratings has said.

By Yiannis Papadoyiannis

The country’s four systemic banks are contemplating the idea of heading straight to the financial markets if the deferred tax assets issue is not dealt with in time, as is appearing increasingly likely.

Bulgarian citizens keep around BGN 400 M in Swiss banks, according to estimates of the National Revenue Agency, quoted by the Pressa daily.

They are based on information from Swiss banks on the interest rates, paid off by them.

By Yiannis Papadoyiannis

Attica Bank has turned down buyout proposals from strong institutional portfolios and investors in recent months, setting the maintenance of the present share and administrative structure of the Greek lender as a condition.

Bulgaria's Deposit Insurance Fund (BDIF) is ready to pay the deposits of up to EUR 100 000 in case the troubled Corporate Commercial Bank (KTB) loses its license.

According to the DIF press statement, which came in response to the infringement proceedings opened by the European Commission against Bulgaria for delaying the payment of the guaranteed deposits.