Tervel Georgiev
KTB Majority Shareholder to Demand Int'l Expertise on Bank Insolvency
Bromak, the major shareholder at Corporate Commercial Bank (KTB), is to request an international report on whether the bank's capital is a negative equity, the company's lawyers said on Monday.
Comments from Menko Menkov and Tervel Georgiev followed a decision of the Sofia City Court to halt the insolvency proceedings started by the Bulgarian National Bank (BNB).