As of October 1, 2020, the Bulgarian National Bank (BNB) is cooperating with the European Central Bank. The accession of Bulgaria to the Banking Union has lead to the direct supervision by ECB of 5 commercial banks registered in Bulgaria- DSK, United Bulgarian Bank, Eurobank, Unicredit and Raiffeisen Bank. Although, they are subsidiaries of European banking families, they are monitored in Bulgaria as well. It is the responsibility of BNB to supervise the smaller banks in this country, although Frankfurt can take over their supervision as well.
First Investment Bank is not being supervised by ECB. Before Bulgaria’s accession to ERM II, the bank raised its capital with the help of the Bulgarian Development Bank and a private investor.
On Saturday , the lowest temperatures will be between 9 and 14°C; in Sofia - it will be around 9°C. In the morning there will be fog and poor visibility in the valleys and fields in Western Bulgaria. During the day there will be..
Nikolai Popov - the father of 12-year-old Siyana, who lost her life in a heavy road accident, handed over to the Chairperson of the Supreme Court of Cassation Galina Zakharova a request from over 22 thousand people against corruption in the judicial..
The tolerance of the Bulgarian people, proven over the centuries, is a guarantee against xenophobia and anti-Semitism, which have no roots in our society. This was stated by President Rumen Radev at a meeting in Sofia with Anne-Sophie Sebban-Bécache ,..
The first quaternary wastewater treatment plant in Bulgaria was opened today in the village of Benkovski, Maritsa Municipality. “Today we are launching..
Bulgaria has officially become part of the European cultural route “The Wine Route” ( Iter Vitis ) . The certificate of membership was presented to..
As part of an investigation led by the European Public Prosecutor's Office (EPPO) in Sofia, the police carried out several searches and..
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