Bulgarian state to take stake in First Investment Bank
Bulgaria has acquired rights to
subscribe to new shares the Balkan country’s fifth largest
lender, First Investment Bank, is issuing to help it
cover a capital shortfall found by ECB stress tests last year,
the economy minister said on Wednesday.
subscribe to new shares the Balkan country’s fifth largest
lender, First Investment Bank, is issuing to help it
cover a capital shortfall found by ECB stress tests last year,
the economy minister said on Wednesday.
Posted by Reuters