Shareholder in Bulgaria’s CCB appeals against licence loss
Sofia City Court said on November 20 that suspended the insolvency proceedings concerning the Corporate Commercial Bank (CCB), following an
Read more
CCB affair
Bulgaria central bank orders sale of CCB subsidiary assets, full payout of deposits
Bulgarian National Bank (BNB) said on November 19 that it authorised the administrators of Victoria Bank, a subsidiary of the
Read more
Bulgaria to implement EU rules on deposits with new draft bill
Bulgaria’s Finance Ministry has published a new draft bill on deposit guarantees, implementing EU rules into national law, meant to
Read more
Bulgarian cabinet seeks to ‘solve CCB problems’ with legislative amendments
Bulgaria’s proposed Budget revision package, passed by the Cabinet at its special sitting on November 11, included amendments to a
Read more
Bulgaria central bank strips Corporate Commercial Bank’s licence
Bulgarian National Bank (BNB) said on November 6 that it stripped the Corporate Commercial Bank (CCB) of its licence and
Read more
Bulgarian MPs agree to speed up CCB deposit payouts, make no move on rescue
Bulgaria’s Parliament approved a resolution on October 31 to bring Bulgarian laws in line with EU banking regulations, meant to
Read more
Bulgaria central bank governor says will resign ‘after solving CCB problem’
Bulgarian National Bank (BNB) governor Ivan Iskrov re-iterated on October 29 his readiness to resign his position, but made such
Read more
Corporate Commercial Bank saga: Borissov wants BNB leadership gone as soon as possible
The leadership of central Bulgarian National Bank must be replaced as soon as possible because they had been deliberately idle
Read more
Bulgarian politicians stay silent on Corporate Commercial Bank audit as opinions pour in
As economists and bankers pitched in with opinions following the central bank’s selected disclosure of the results of an audit
Read more