IMF staff want ‘clear mandate’ for next Bulgarian governor

ivan-iskrov
Ivan Iskrov, Bulgarian National Bank

With Ivan Iskrov's term set to expire in October, the next Bulgarian National Bank (BNB) governor should be handed a "clear mandate to support a strong, independent and accountable" central bank, International Monetary Fund (IMF) staff said today.

This would help restore supervisory credibility, they said, at the conclusion of an Article IV consultation that pointed to "weaknesses" exposed by the failure of the country's fourth-largest bank in 2014.

The past year was a difficult one for the BNB

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

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 individual account

.