As of October 1, 2020, the Bulgarian National Bank (BNB) is cooperating with the European Central Bank. The accession of Bulgaria to the Banking Union has lead to the direct supervision by ECB of 5 commercial banks registered in Bulgaria- DSK, United Bulgarian Bank, Eurobank, Unicredit and Raiffeisen Bank. Although, they are subsidiaries of European banking families, they are monitored in Bulgaria as well. It is the responsibility of BNB to supervise the smaller banks in this country, although Frankfurt can take over their supervision as well.
First Investment Bank is not being supervised by ECB. Before Bulgaria’s accession to ERM II, the bank raised its capital with the help of the Bulgarian Development Bank and a private investor.
At night, precipitation will stop and the cloudiness will break and decrease. In the morning hours, short-term fog will form in the plains and around water basins. On Saturday before noon it will be mostly sunny. In the afternoon,..
3,314 foreign students are studying in Plovdiv. The largest share are foreign students studying to become doctors and dentists at the Medical University – 2,577. They are from 68 countries, with the largest number coming from UK,..
The news and concerts broadcast by the Bulgarian National Radio (BNR) are the most listened to by the audience. This is indicated by a representative study by "Alpha Research" commissioned by the Council for Electronic Media and..
At an official ceremony held in Kazanlak, Maria Shamburova was solemnly crowned as the town’s 57th Rose Queen. The coronation show of the Rose..
"I have sent letters to all presidents and prime ministers of EU member states, in which I describe the real situation in our country — inflation, the..
The Bulgarian National Radio Symphony Orchestra undertook effective protest action, as shown in videos of their June 6 concert at Bulgaria Hall, which..
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