CorpBank

If you follow the local media, you've probably already heard about yet another scandalous loan granted by the Bulgarian Development Bank. This time, it's not about one of the big businesses connected to Delyan Peevski, but about another businessman with a dubious public reputation – Rumen Gaitanski, nicknamed "Vulka", known for his closeness to …

For more than a month, leading economists and bankers have been analyzing what is happening at CorpBank and, together with politicians, are looking for a solution to the crisis at the fourth largest bank in Bulgaria. Currently, experts are awaiting more complete information about the quality of the bank's assets, and politicians are on the verge of raising …

The case of the bankrupt Corporate Commercial Bank (CCB) and the banking panic that hit First Investment Bank give us reason to return to some of the basic problems of the modern form of banking[1]. And especially after the announcement of the idea of paying out all deposits (even amounts exceeding 100,000 euros) in CCB, not …

The BNB's ambitious plan to save the banking system actually raised more questions than answers, and the end result was more confusion than relief. To top it all off, on July 14, the media reported the magic number of BGN 3.7 billion – the amount that would be needed to implement …

Iliya Lingorski* According to Tsvetelina Dimitrova from the Executive Agency for Hail Control, radar stations in Europe provide information every 4-5 minutes. “But you can’t say how the cloud will develop at the beginning, and when it is already certain what is coming, there are 10 minutes left until the beginning. Can you imagine …