CCB affair
Bulgaria high court holds first hearing in CCB licence appeal
Bulgaria’s Supreme Administrative Court (SAC) held the first hearing on December 15 in the case appealing against the Bulgarian National
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S&P cuts Bulgaria’s credit rating below investment grade
Credit ratings agency Standard&Poor’s has cut Bulgaria’s credit rating to ‘BB+’ with a stable outlook, the second downgrade in six
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Bulgaria’s Victoria Bank reopens for business
Bulgarian lender Victoria Bank, the subsidiary of the Corporate Commercial Bank (CCB) that was put under central bank administration in
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CCB deposit payouts process begins with minor issues
Bulgarian banks paid out 25 000 deposits worth about 1.07 billion leva, or 547 million euro, on December 4, the first
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Bulgarian banks prepare to begin payouts of CCB deposits
On the eve of the first day that nine banks will begin payouts of claims on deposits in the Corporate
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Bulgarian court approves request to suspend central bank deputy governor
Sofia City Court approved on December 3 the prosecutor’s office request to suspend Tsvetan Gounev, the deputy governor of the
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European Commission approves state aid measures for Bulgaria’s First Investment Bank
The European Commission (EC) said on November 25 2014 that it had decided that liquidity measures granted by Bulgaria in
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Bulgaria deposit fund names banks to handle CCB payouts
Bulgaria’s bank deposit guarantee fund named on November 24 the nine banks that will handle the payouts of depositors in
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