Bulgarian governor offers to step down

Ivan Iskrov

Bulgarian National Bank (BNB) governor Ivan Iskrov offered his resignation to parliament yesterday, on the condition that it commits to electing a successor within the next fortnight.

Iskrov has endured a difficult couple of months. Corporate Commercial Bank (CCB), the fourth largest bank in the country, was placed in conservatorship following a damaging run on its deposits.

The deputy governor responsible for banking supervision, Tsvetan Gounev, has taken a leave of absence pending the outcome

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: