Central Banking

BNB implements new treasury management system

The Bulgarian National Bank has strengthened its accession strategy through the implementation of The Trema Suite as its new treasury management system covering Front-, Middle- and Back Office for their reserve management operations.

Selecting Trema ensures the bank is well ahead of the 1 January 2007 deadline for compliance with the revised Eurosystem standards and the country's integration into the European Union, Trema said in a press release.

"As an accession country, ensuring our financial