Central Banking

Treasury management system for Bulgaria

The Bulgarian National Bank is gearing up for entry to the European Union (promised for 2008 or 2009 at the latest) by ensuring it will meet the 1 January 2007 deadline for compliance with the revised Eurosystem standards for treasury management operation.

The central bank has chosen Trema to provide its new treasury management for its reserve management operations. Customers already using this suite of products include the European Central Bank and the central banks of Belgium, Finland, Fran