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.
To mark the 40th anniversary of Christo and Jeanne-Claude's monumental artwork, 'The Pont Neuf Wrapped', which transformed the iconic Parisian bridge into a work of art for fourteen days, the square adjacent to the bridge has been named 'Pont Neuf —..
On Saturday, the lowest temperatures will be between 2 and 7°C; in Sofia - about 2°C. Precipitation will begin to stop, but during the day, cloudiness over the country will remain significant. Rainy weather will persist in the..
The cars of the National Service for Protection will no longer be at the disposal of the administration of the presidential institution, the MPs have decided, BNR reporter Daniel Inkov informed. This does not apply to the cars used..
Emergency measures have been introduced in the Elenite holiday village due to expected rainfall on Monday. While cleanup continues following the..
On October 6 and 7, Plovdiv is hosting the 9 th UN Tourism Global Conference on Wine Tourism. The event is organized by the Ministry of Tourism in..
''I apply the best British practices for the development of science communication in Bulgaria'', said Lyubov Kostova, Member of Board Trustees of..
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