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The authorities have actively pursued restoring credibility in the financial system following the collapse of the system's fourth largest bank in 2014. To restore credibility, the authorities - in addition to requesting a Basel Core Principles (BCP) assessment in 2015 and this financial sector...
Persistent link: https://www.econbiz.de/10012247459
This technical note results from the Financial Sector Assessment (FSAP) conducted in the period 17 January 2017 and 1 February 2017. The note covers the activities of the Financial Supervision Commission (FSC), the state of the pension and insurance sectors and the challenges to their...
Persistent link: https://www.econbiz.de/10012247484
This Review was prepared at the request of the Bulgaria National Bank (BNB). It presents the setting and the … objective of this Review is to help strengthen the corporate governance practices of banks in Bulgaria. Specifically, itintends … to: further legal and regulatory reforms in Bulgaria based on the enclosed recommendations; enable the BNB to …
Persistent link: https://www.econbiz.de/10012247485
This Technical Note (TN) examines the current state of NPLs in Bulgaria and makes recommendations for a strategy to …
Persistent link: https://www.econbiz.de/10012247486
effective banking supervision in Bulgaria. It provides an overview of the most recent initiatives taken by the Bulgarian …
Persistent link: https://www.econbiz.de/10012247487