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 Friday, the minimum temperatures in Bulgaria will be from 6 to 14°C, in Sofia - 7°C. During the day it will be sunny. A light to moderate wind will blow from the north-northwest. Daytime highs will be from 23 to 28°C, in the capital Sofia -..
The government of Prime Minister Rosen Zhelyazkov survived a fifth vote of no confidence, this time on the topic of "Internal Security and Justice." 133 MPs from GERB-SDS, DPS–New Beginning, BSP and There is Such a People (ITN) voted against. 101 Mps..
The National Guard Service (NSO) will no longer provide transportation for the presidential administration. This is provided for by the amendments to the Law on the National Security Service adopted at first reading with the votes of GERB-SDF, “DPS-New..
Regarding a video published on YouTube, the management of VMZ-Sopot - the largest state-owned military enterprise in Bulgaria, say that..
The vote on the fifth motion of no confidence against Prime Minister Rosen Zhelyazkov's government will take place on Thursday, September 18, at 4:45..
On Thursday, the lowest temperatures will be between 8 and 13°C; in Sofia – about 8°C. During the day, there will be variable..
Clear