Bulgarian Development Bank
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BSMEPA Exec. Dir. Boyko Takov becomes Board Member of the International Network of SMEs
The Executive Director of BSMEPA Boyko Takov became Board Member of the International Network of Small and Medium Enterprises (INSME). This was announced during the 17th annual meeting of the organization, which took place between 9 and 10 December in Sofia.
BSMEPA and BDB will host the 17th annual meeting of INSME in Sofia on December 9-10
The Bulgarian Small and Medium Enterprises Promotion Agency and the Bulgarian Development Bank are co-organizers of the hybrid event, which will be held on December 9 and 10, 2021 at the Grand Hotel Millennium Sofia, as well as online.
Fitch Ratings Affirm BDB Rating at BBB, Outlook Positive
Fitch Ratings announced on October 1 that they had affirmed Bulgarian Development Bank AD's (BDB) Long-Term Issuer Default Rating (IDR) at 'BBB'. The Outlook on the Long-Term IDR is Positive.
The BDB reported the news in a press release on Tuesday.
Ex-Financial Minister Velchev - Proposed Ministers by Slavi Trifonov Are Not Puppets
"I know about half of the announced candidates for ministers by Slavi Trifonov and I definitely do not think that they depend on anyone's instructions."
They are successful professionals who do not need to be puppets of anyone in this phase of their careers, "former Finance Minister in the NDSV government Milen Velchev told BNT today.
Changes in BDB Management Finally Registered
The changes in the supervisory and management boards of the Bulgarian Development Bank (BDB), requested by the Minister of Economy Kiril Petkov, have already been entered in the Commercial Register.
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Sofia City Court Blocked Changes in BDB Management Board for Second Time
The Sofia City Court has suspended the registration of the changes in the Supervisory and Management Boards of the Bulgarian Development Bank. This can be seen from the court ruling in the company's file in the Commercial Register.
Sofia City Court: The Comments of Caretaker Economy Minister Petkov Regarding a Court Decision Are Unacceptable
The Sofia City Court (SCC) issued an opinion on Saturday in connection to what they deem an unprecedented statement made by caretaker Economy Minister Kiril Petkov on June 25, 2021 in the Panorama programme on Bulgarian National Television. Petkov's statement assessed a SCC decision in an unacceptable manner, the disseminated opinion reads.
Bulgaria: Finance Ministry Ready with Budget Update
Bulgarian Finance Ministry is ready with a draft budget update, which will be submitted when a working parliament is formed. The budget update will not be based on increasing the deficit, but will be financed through more efficient tax collection and more effective spending, Minister Asen Vassilev during the briefing of the Council of Ministers.
Bulgaria: BDB Management Board Withholds Information on Credit Files – Caretaker Economy Minister
The Management Board of the Bulgarian Development Bank (BDB) Monday refused to provide the bank's audit committee with information on the BDB's credit files, caretaker Economy Minister Kiril Petkov told reporters on Tuesday. In his words, the refusal read, "The information on the credit files is ready, but we will not give it to you."
Caretaker Economy Minister Dismissed Supervisory Board of Bulgarian Development Bank
Caretaker Minister of Economy Kiril Petkov removed from office members of the current Supervisory Board of the Bulgarian Development Bank (BDB), Dimitar Simeonov and Velina Burska. The proposed replacements are Vasil Shtonov and Valentin Mihov.