Bulgarian National Bank Wants Rescue Plan By End of August

Posted on 08/23/2014


Bulgarian National Bank, the central bank of Bulgaria, demanded the two largest shareholders of Corporate Commercial Bank (Corpbank) to develop plans for a bank rescue by the end of August. Tensions for Corpbank depositors in Sofia are rising, fueling protests. Currently, deposits at Corpbank remain frozen. The central bank sent two official letters to Bromak, […]

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