Bulgaria ordered capital hikes, report released

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The Bulgarian National Bank (BNB) last year ordered three local banks to increase their capital, the central bank's annual report for 2010, released on Friday, shows.

The request for additional capital support was made to the following supervisory inspections conducted by BNB.

"The requirements were based on supervisory evaluation of their risk profile," a spokesperson for the central bank told CentralBanking.com. "The institutions were evaluated as solvent, but to strengthen their position

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