Bulgaria steps in to acquire minority stake in Fibank
State-owned Bulgarian Development
Bank will buy up to 70% of the capital increase by First
Investment Bank (Fibank), which is raising funds to
cover a capital shortfall found by the European Central Bank
last year, the finance minister said on Friday.
Bank will buy up to 70% of the capital increase by First
Investment Bank (Fibank), which is raising funds to
cover a capital shortfall found by the European Central Bank
last year, the finance minister said on Friday.
Posted by Reuters
