Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

Insolvency proceedings against Corporate Commercial Bank stop

Photo: BGNES

The Sofia City Court has been informed of an official complaint by the Bromak company in the Supreme Administrative Court against the decision of the central bank to withdraw the license of Corporate Commercial Bank. Under the law, in these cases, the proceedings must be suspended until the end of the administrative dispute. Bromak is one of the main shareholders in the former bank and is owned by the owner of Corporate Commercial Bank Tsvetan Vasilev, who has been abroad for a few months. Meanwhile it was reported that offsetting of 400 million euro will be declared void as the aim is sale in order to collect more money for the fund for guaranteeing deposits. This is what the ruling coalition of GERB and the Reformist Bloc have ageed upon.




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

Rosen Zhelyazkov

Bulgaria's new PM Rosen Zhelyazkov to meet with heads of European institutions in Strasbourg

The newly-appointed Bulgarian Prime Minister Rosen Zhelyazkov is on a two-day working visit to Strasbourg on January 21 and 22 .  During his first visit abroad, the Prime Minister will hold meetings with the heads of European institutions - European..

published on 1/21/25 6:05 AM

Morning fog, cloudy skies at daytime, sunshine at noon expected on Tuesday

On Tuesday, in the morning hours it will be foggy or with low layered clouds . Minimum temperatures will be between minus 5 and 0°C, in Sofia - around minus 3°C. During the day, the cloud cover over the country will be significant. Around noon, it will..

published on 1/20/25 7:05 PM
Balkanski Trio

Balkanski Trio wins Silver Clown Award from the International Circus Festival of Monte-Carlo

The trio of Tiziano, Marie and Natalie Balkanski will receive the Silver Clown award at an official ceremony on January 21 for their roller skating act at the 12th edition of New Generation, part of the 47th prestigious International Circus..

published on 1/20/25 5:52 PM