Share

Text size

Bulgarian National Radio © 2025 All Rights Reserved

Five Bulgarian commercial banks go under direct supervision of ECB

published on 9/12/20 10:28 AM

Photo: Archive

Five major Bulgarian commercial banks are to go under the direct supervision of the European Central Bank as of October 1, 2020, BNR reports. This is part of the cooperation of the Bulgarian National Bank with the European financial institution on the way to Bulgaria's accession to the Euro area and the euro.

The ECB's list includes UniCredit Bulbank, DSK Bank, United Bulgarian Bank, Postbank and Raiffeisenbank (Bulgaria).

Cooperation between the ECB and the BNB will also cover the supervision of less significant banks that remain under the direct supervision of the BNB.

Radoslav Milenkov, Deputy Governor of the BNB and Head of Banking Supervision department, will represent Bulgaria in the Supervisory Board of the ECB, with the right to vote.

Последвайте ни и в Google News Showcase, за да научите най-важното от деня!

Radio Bulgaria Economy banks Bulgarian National Bank commercial banks DSK bank European Central Bank Postbank Radoslav Milenkov UniCredit Bulbank

More from category

Borislav Gutsanov, the Minister of Labor and Social Policy.

Average salary in Bulgaria €1,315, rises to €1,784 in Sofia

In the second quarter of the year, the average salary increased by 12% year over year, reaching €1,315.04. Borislav Gutsanov, the Minister of Labor and Social Policy, announced this information after today's meeting of the National Council for..

published on 9/2/25 4:59 PM

Do dual prices in euros and leva confuse the Bulgarian consumers?

As of August 8, 2025, the mandatory indication of prices for all goods and services in Bulgaria in two currencies – in Bulgarian leva and in euros – has been in effect. This obligation will remain valid for traders for a period of one year – until..

published on 8/27/25 2:50 PM

Luboslav Kostov

Trade Unions: The minimum wage should be EUR 620.2 as of January 1

As of January 1, 2026, the minimum monthly wage should be 1,213 BGN (EUR 620.2), up from the current 1,077 BGN (EUR 550.66), said Luboslav Kostov, Chief Economist at the Confederation of Independent Trade Unions in Bulgaria (CITUB), in an interview..

published on 8/26/25 5:11 PM

1
..
5
6
7
8
9
10

WEATHER

Pick city: Sofía

Mostly Cloudy
Min: 5 | Max: 16

BULGARIA IN PICTURES

Which world-famous Bulgarian artist designed QSL cards for Radio Bulgaria?

shopify analytics ecommerce
tracking