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.
The second edition of the festival of antiquity "Diocletianopolis - Crossroads of Time" will be held from April 4 to 6, 2025 in the city of Hisarya. The modern city of Hisarya arose on the ruins of the ancient Roman city of..
In the next 24 hours, the cloudiness over the country will remain significant. In the afternoon, rainfalls are expected in many places. The lowest temperatures will be between 3° and 8°C; in Sofia - about 5°C. The highest will be..
Foreign Minister Georg Georgiev held talks with US Secretary of State Marco Rubio. They met on the sidelines of the NATO foreign ministers' meeting in Brussels. Georgiev and Rubio discussed the strategic partnership between Bulgaria and the United..
Bulgarians have traditionally had a deep respect and gratitude for domestic animals. For generations, horses, oxen, donkeys and cows have been..
It is 21 years today since the tragedy in the River Lim on the border between Serbia and Montenegro, in which 12 Bulgarian children were killed. On..
The President of Bulgaria, Rumen Radev, and the King of Jordan, Abdullah II, are hosting the Aqaba Process Summit, which focuses on the Balkans and brings..
Rain / Snow
Rain
Scattered showers
Cloudy