SOFIA,
New Free Run 4 V3, June 20 (Reuters) A run on Corporate Commercial Bank (Corpbank) prompted Bulgaria’s central bank to take control of the country’s fourth largest lender on Friday and its governor appealed to depositors to stay calm.
The Bulgarian National Bank (BNB) said it would handle Corpbank’s operations for three months and removed its management and supervisory board after the run,
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The BNB said it acted after Corpbank said on Friday morning it had stopped all payments and bank operations due to a liquidity drain,
Cheap Nike Free Run. The central bank said Corpbank was not bankrupt and other lenders in the country were safe from the effects,
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"As you know,
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"Let me make this very clear. Corporate Commercial Bank is not a bankrupt bank. We are acting swiftly to avoid a bankruptcy,
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He declined to give further details of the bank’s problems and said supervisors would carry out a full audit of its books,
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The central bank action did not stop dozens of people from queuing outside the main office of the bank in the capital Sofia on Friday,
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The central bank blocked depositors from withdrawing cash after it took control. dollars,
Buy Online Nike Rouge," said Lilia Polova, editor at a lifestyle magazine. "These are our family savings. He was reading newspapers and was asking me to take our money out of there .
The central bank has since confirmed the investigation and said the deputy governor had taken a voluntary leave of absence,
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Reports in Bulgarian media linked the investigation of the deputy governor to allegations of corruption at Corpbank.
In an interview with a Bulgarian TV news channel,
Online Nike Rose, whose contents were published by Corpbank on Thursday, Corpbank’s top shareholder Tsvetan Vassilev denied any wrongdoing on his part or the bank’s.
"We are a responsible bank both towards our client depositors and Bulgarian business,
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A spokeswoman for Corpbank said on Friday that she was not allowed to make statements without the central bank’s approval,
Size 12 Free Run 5.0. She said she did not know Vassilev’s whereabouts and in any case would not be allowed to share such information,
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The leading shareholders in the Sofia listed bank are Vassilev,
Real Game Teal Run 2, with just over half the company, Oman’s sovereign wealth fund with around 30 percent and Russia’s VTB Asset Management with nearly 10 percent, Thomson Reuters data showed.
Political instability in the European Union’s poorest state has smothered reforms needed to spur economic growth and tackle high employment,
Original Rosher Run. Standard and Poor’s downgraded Bulgaria’s sovereign credit ratings last week to a notch above junk,
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The government said it was ready to support efforts to stabilise Corpbank. Shareholder VTB also expressed interest in lending support,
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Iskrov was quick to play down concerns that the panic could spread to other lenders in the region,
Order Roshe Run Mujer, which sits on the edge of a euro zone still recovering from its own financial crisis.
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