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Stress tests prove stability of Bulgaria’s banking system

Photo: EPA/BGNES

The stability of the Bulgarian banking system is proven with the results of the stress tests made by the European Central Bank in six banks, an announcement of the Bulgarian National Bank reads. Follow-up action related to the further strengthening of the capital position of the banks will be taken, BNB also point out. The European Central Bank held asset quality review and stress tests in six Bulgarian banks in relation with the intention of this country to join the Single Supervisory Mechanism which is part of the process towards entering the ERM II. 




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