The stress tests of the Bulgarian banking system have suggested the need of corrections of 1.3 percent of bank assets. This amounts to the total of 665 million leva (close to 333 million euro). The Bulgarian National Bank (BNB) has said that the banks that have to carry out supervision measures have already submitted their plans. The stress tests of the system have been conducted under both a basic and adverse scenarios. The need to make corrections has been found at First Investment Bank, Piraeus, Investbank and Victoria Commercial Bank. The evaluation of the quality of assets and stress tests have suggested that the banking system is stable and extremely resistant.
The Consulate General of the Republic of Bulgaria in Toronto, together with the Bulgarian-Canadian Society of British Columbia, will organize consular days in Vancouver, BC on November 7 and 8, 2025, announced the team of the Bulgarian diplomatic..
The National Gallery Square 500 opens for the first time on November 4 at 6:00 p.m. an exhibition of Christo and Jeanne-Claude, marking the 90th anniversary of the birth of the creative tandem. The first acquisition of Christo's..
The Ministry of Finance and the Bulgarian National Bank are organizing a high-level conference today titled ''Bulgaria on the Doorstep of the Eurozone''. It will be held at the Boyana Residence and is part of the communication campaign for introducing..
The Ministry of Finance and the Bulgarian National Bank are organizing a high-level conference today titled ''Bulgaria on the Doorstep of the Eurozone''...
The euro will help, but it does not on its own guarantee higher standards of living, said Kristalina Georgieva, Managing Director of the International..
The European Commission has presented a proposal for developing high-speed railway lines within the EU until 2040, linking the capitals in the EU, among..
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