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

Minister of Economy and state-owned bank argue about bank secrecy

Photo: BGNES

The Board of Directors of the Bulgarian Development Bank - BDB have refused to provide access to the files of companies with large loans, Minister of Economy Kiril Petkov said. He has informed the Bulgarian National Bank over the case and reiterated that there were no concerns about the liquidity of BDB. On the contrary, the treasury has funds that should be immediately invested in support of small businesses, he says.

The Management Board of BDB said that they had provided detailed financial information to the members of the new Audit Committee appointed by Minister Petkov. BDB has also sent an inquiry to the BNB as to whether it has the right to provide access to the Audit Committee to information constituting banking secrecy.


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

The Netherlands remains the most attractive study destination for Bulgarian students

The interest of young Bulgarians in studying abroad has risen sharply , with a 30% increase compared to last year. In addition, the number of students leaving for the academic year 2024-2025 has increased by about 11%. This is what Kristina Bozhilova,..

published on 10/1/24 4:08 PM

Rumen Radev: Ending the violence in the Middle East requires international action

Our most important task at the moment is to ensure the safe return of all Bulgarian citizens who wish to be evacuated from Lebanon, President Rumen Radev told journalists in Burgas.  Noting that the escalation of the conflict in the Middle East had..

published on 10/1/24 2:28 PM

Half of young people fear financial problems, 25% are afraid of failing at work

Half of young people in Bulgaria with a monthly income of more than EUR 1 000 are afraid of financial problems , according to a representative survey by Trend. The "Young People in Bulgaria - Mental Risks, Challenges and Perspectives" survey was..

published on 10/1/24 1:27 PM