CCB affair

The chief director of banking supervision at central Bulgarian National Bank (BNB) has resigned with effect from October 1 2015,

Bankruptcy receivers at Bulgaria’s Corporate Commercial Bank (CCB), which was declared insolvent by a court ruling earlier this year, published

From its establishment, Corporate Commercial Bank – formerly Bulgaria’s fourth-largest and now bankrupt – had functioned as a financial pyramid,

Sofia Appellate Court ruled on July 3 to declare Corporate Commercial Bank (CCB) insolvent as of the day that it asked

Bulgaria’s state-owned gas grid operator Bulgartransgaz has filed lawsuits with two courts and has also lodged a complaint with the

The ad hoc committee tasked with investigating the circumstances that led to the bankruptcy of Bulgaria’s fourth-largest lender has filed

Bulgaria’s government approved on June 3 a bill implementing the provisions of EU’s the bank recovery and resolution directive, a