Diamond–Dybvig model
Bulgaria Fin Min Moves to Bring Deposit Insurance Bill in Line with EU Law
Depositors with a failed bank in Bulgaria will have access to their funds within up to seven workdays after the bank halted payments, the Finance Ministry has proposed.
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Deposit Insurance Fund Ready To Pay After BNB Takes Away KTB License
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.