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

Israel investigates the death of the Bulgarian UN worker in Gaza

Bulgaria’s Minister of Foreign Affairs Georg Georgiev had a phone conversation with his Israeli counterpart Gideon Sa'ar. Israel’s Foreign Minister Gideon Sa'ar expressed condolences to the family of the Bulgarian who died in Gaza . Gideon Sa'ar..

published on 3/20/25 8:36 AM

Trade unions organize protest for decent wages in public sector

One of the two major trade unions in Bulgaria - the Confederation of Independent Trade Unions in Bulgaria (CITUB), is organizing a protest under the motto "We want a visible increase in wages with Budget 2025. .   Trade unions: Additional..

published on 3/20/25 6:05 AM

The Netherlands, Italy and Spain are leading destinations for Bulgarian prospective students

Currently, the Netherlands remains the leading destination for Bulgarian prospective university students, followed by Italy, Spain, Austria and Belgium, reported the consultants from ''Integral'', which is the organizer of the World Education Forum. They..

published on 3/20/25 6:05 AM