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

Housekeepers, chefs and receptionists in demand most along Bulgaria’s Black Sea coast

Housekeepers (76%), cooks (68%), receptionists (57%), waiters (50%), bar tenders (26%) and technical staff (23%) are in demand most for the tourist season 2025 on the Bulgarian Black Sea coast. Only 10% of the hotels are looking for staff at a..

published on 4/2/25 3:38 PM
Protest in Sofia against the small prison term for the stepfather of 5-year old Adrian

Protests against child abuse organized in several cities across the country

Protests will take place in front of the court houses in Sofia, Varna, Plovdiv, Burgas and Stara Zagora against pedophilia and crimes against children.   The demands raised by the protesters include establishing a public register of pedophiles..

published on 4/2/25 2:55 PM

Bulgaria wants Sts. Cyricus and Julitta Island to become part of UNESCO heritage

If Bulgaria manages to implement the prepared project for Sts. Cyricus and Julitta Island , it could become part of the UNESCO cultural and historical heritage. This was announced by Vice President Iliana Iotova at a meeting in..

published on 4/2/25 1:50 PM