The stress tests of the Bulgarian banking system have suggested the need of corrections of 1.3 percent of bank assets. This amounts to the total of 665 million leva (close to 333 million euro). The Bulgarian National Bank (BNB) has said that the banks that have to carry out supervision measures have already submitted their plans. The stress tests of the system have been conducted under both a basic and adverse scenarios. The need to make corrections has been found at First Investment Bank, Piraeus, Investbank and Victoria Commercial Bank. The evaluation of the quality of assets and stress tests have suggested that the banking system is stable and extremely resistant.
The Bulgarian National Bank (BNB) will stop announcing the base interest rate after the introduction of the euro as national currency. This is stated in the series of questions and answers with which the central bank explains the..
Congratulations to the new Pope Leo XIV! May he work with wisdom and dedication for a more peaceful world and dialogue between all, Prime Minister Rosen Zhelyazkov wrote in "X" on the occasion of the election of the new head of..
The young foreign doctors of the Pleven Medical University will receive their diplomas on May 9. The festive procession of the graduates will start from the central city square "Vazrazhdane" and will end at the Summer Theater of the Rectorate, where..
In an address to the Bulgarian citizens, the Bulgarian head of state Rumen Radev has announced that he is submitting a proposal to the National Assembly..
Prime Minister Rosen Zhelyazkov has highlighted the stability of public finances as a key element on the country's path to Eurozone membership. Speaking..
The installation of anti-drone systems at airports in Bulgaria will begin in the coming months. During today's parliamentary control meeting in the..
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