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.
On Saturday , the lowest temperatures will be between 9 and 14°C; in Sofia - it will be around 9°C. In the morning there will be fog and poor visibility in the valleys and fields in Western Bulgaria. During the day there will be..
Nikolai Popov - the father of 12-year-old Siyana, who lost her life in a heavy road accident, handed over to the Chairperson of the Supreme Court of Cassation Galina Zakharova a request from over 22 thousand people against corruption in the judicial..
The tolerance of the Bulgarian people, proven over the centuries, is a guarantee against xenophobia and anti-Semitism, which have no roots in our society. This was stated by President Rumen Radev at a meeting in Sofia with Anne-Sophie Sebban-Bécache ,..
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