Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

Minister of Economy and state-owned bank argue about bank secrecy

Photo: BGNES

The Board of Directors of the Bulgarian Development Bank - BDB have refused to provide access to the files of companies with large loans, Minister of Economy Kiril Petkov said. He has informed the Bulgarian National Bank over the case and reiterated that there were no concerns about the liquidity of BDB. On the contrary, the treasury has funds that should be immediately invested in support of small businesses, he says.

The Management Board of BDB said that they had provided detailed financial information to the members of the new Audit Committee appointed by Minister Petkov. BDB has also sent an inquiry to the BNB as to whether it has the right to provide access to the Audit Committee to information constituting banking secrecy.


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

Travelling to Sofia Airport may take longer due to construction works

Temporary difficulties are possible on the road to and from Terminal 2 of Sofia Airport due to construction activities . On its Facebook page, Sofia Airport reports that the road to the terminal, the entrance and the exit is being widened and..

published on 8/27/24 11:30 AM

Firefighting efforts continue in several parts of Bulgaria

Over the past 24 hours, 170 wildfires have been extinguished in the country , the General Directorate "Fire Safety and Protection of the Population" announced on its website.  Firefighters and volunteers participate in controlling the fire in the Viskyar..

published on 8/27/24 10:40 AM
Rumen Radev (R) and Dimitar Glavchev

President Rumen Radev issues decree appointing caretaker cabinet

In accordance with the Constitution, President Rumen Radev has signed a decree today appointing the government nominated by caretaker Prime Minister-designate Dimitar Glavchev. The new cabinet is expected to be sworn in at the National Assembly..

updated on 8/27/24 9:22 AM