Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

Minister of Economy and state-owned bank argue about bank secrecy

Photo: BGNES

The Board of Directors of the Bulgarian Development Bank - BDB have refused to provide access to the files of companies with large loans, Minister of Economy Kiril Petkov said. He has informed the Bulgarian National Bank over the case and reiterated that there were no concerns about the liquidity of BDB. On the contrary, the treasury has funds that should be immediately invested in support of small businesses, he says.

The Management Board of BDB said that they had provided detailed financial information to the members of the new Audit Committee appointed by Minister Petkov. BDB has also sent an inquiry to the BNB as to whether it has the right to provide access to the Audit Committee to information constituting banking secrecy.


Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

The weather over the weekend will be changeable with clouds, rain and sun

In Saturday an atmospheric disturbance will sweep across the country. Minimum temperatures will reach 8-13° C., for Sofia 10° C. After the nighttime precipitation over Northern Bulgaria, during the day the Northwesterly wind will pick up..

published on 10/10/25 6:25 PM

Bulgarian fruit, nut and vegetable producers to receive €7.4 million from EU

The European Commission will provide around €50 million from the EU agricultural reserve to fruit, nut and vegetable producers in Bulgaria, Latvia, Lithuania, Hungary, Poland and Romania who have suffered significant damage from adverse weather events,..

published on 10/10/25 5:31 PM
Minister of Labour and Social Policy Borislav Gutsanov

Fighting the grey economy means fighting labour exploitation, minister of labour says

The fight against the grey sector is directly connected with restricting labour exploitation and with human rights protection, said Minister of Labour and Social Policy Borislav Gutsanov at the opening of an international conference “Improving..

published on 10/10/25 3:11 PM