Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

ECB to make stress tests of six Bulgarian banks as part of procedure for accession to Eurozone

Photo: EPA

The European Central Bank has chosen to check six of Bulgaria’s biggest banks as part of the procedure for this country’s accession to the European Banking Union and the ERM II Mechanism (Eurozone’s waiting room). According to publications in Mediapool and Capital, the three biggest banks in Bulgaria-UniCredit Bulbank, DSK and UBB, as well as First Investment Bank will be subject to stress tests. The banks have to go under the asset quality review under the so-called Comprehensive Assessment of the Bulgarian Banking System. Bulgaria aims at joining the Banking Union and the Eurozone Waiting Room by July 2019.




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

Sunny Saturday and Sunday, rain in the mountains

On Saturday, minimum temperatures in the country will be between 5 and 10°C, around 5°C in Sofia. The morning will be sunny. In the afternoon it will be cloudy in the mountains, where rain and snow will fall, and sunny in the east. Maximum temperatures..

published on 4/26/24 7:05 PM
Angel Kunchev

The spread of whooping cough is expected to subside by the end of 2024

An emergency epidemic situation will not be introduced in the country due to the spread of pertussis (whooping cough), as this is not necessary. This was announced by the chief state health inspector, Assoc. Prof. Angel Kunchev...

published on 4/26/24 11:53 AM

GERB leader predicts five more caretaker governments

With the votes of GERB-SDS and PP-DB, the parliament rejected the request for a debate on the report of the temporary committee to investigate corruption practices in the "Customs" Agency and the possible role of the former finance..

published on 4/26/24 10:54 AM