People: Bulgarian deputy dismissed by parliament; HKMA appoints director

Tsvetan Gounev: dismissed from the Bulgarian National Bank

Bulgaria: Tsvetan Gounev, deputy governor of the Bulgarian National Bank (BNB), was dismissed by the national parliament last week.

In charge of banking supervision, Gounev was dismissed over the failure of Corporate Commercial Bank (CCB) and, according to a BNB spokesperson, has "already left the central bank".

CCB, the fourth largest bank in the country, was placed in conservatorship following a damaging run on its deposits. Gounev had taken a leave of absence from June, pending the outcome of

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: