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.
Rain will continue to fall on and off in many places. It will be almost rainless along the Danube and in northeastern Bulgaria. Minimum temperatures will be between 5° and 10°C, in Sofia - 7°C, and maximum - between 11°C and 16°C, in Sofia - about 11°C...
Farmers across the country have declared their readiness for effective protests due to a lack of irrigation water, reported BNR’s correspondent Veselina Milanova. The Bulgarian Agrarian Chamber has sent a letter demanding an urgent meeting with..
The increase in vignette prices will take effect on May 1, while the new higher toll fees for heavy goods vehicles and buses will take effect on April 1 . Additionally, a second toll fee adjustment is scheduled for September 1. From May 1, the..
The 30th of March is the opening day of the summer season at Burgas Airport. The coastal airport will offer tourists more flights and new destinations -..
On Monday, the cloudiness will be mostly significant with short-term rain showers and light wind. The minimum temperatures will be between 6°C and 11°C,..
Around 835 trees will be planted through the #ForestInTheNeighborhood initiative of the Sofia Municipality . For this purpose, volunteers and donors will..
Overcast, rain