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.
Caretaker Premier Dimitar Glavchev has convened a meeting at the Council of Ministers to discuss measures for the safe evacuation of Bulgarians from Lebanon, the government press service reported. Representatives from the Ministry of Foreign Affairs,..
Nikola Nikolov - Pascal, considered one of the largest smugglers, has been arrested in Serbia during a joint operation by Bulgarian and Serbian special services. The name of the detainee gained notoriety during the arrest of former National..
The number of visits of foreign tourists to Bulgarian museums in 2023 was 988,000, according to data from the National Statistical Institute. This is an increase of 56.4% compared to the previous year, said Deputy Minister of Tourism Pavlin Petrov...
On Sunday a cold atmospheric front will pass through the country. In the morning, the cloudiness will begin to increase rapidly from..
During a short meeting on the sidelines of the UN General Assembly in New York, Bulgarian caretaker Minister of Foreign Affairs Ivan..
The caretaker government has adopted National Program for Prevention and Protection from Domestic Violence for the period 2024-2026 ,..
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