Protests to Be Staged in Support of KTB Across Bulgaria

Finance | September 1, 2014, Monday // 11:52|  views

Photo by Hristina Dimitrova

A number of Bulgarian towns and cities are to see demonstrations calling authorities to draft a plan which could help Corporate Commercial Bank (CorpBank or KTB).

Initiators of the rally have argued a plan should help depositors to use their accounts, which have been frozen since KTB was placed under conservatorship on June 20 following a bank run which prompted the financial company to request central bank BNB to take the step.

A similar event was held on Friday in the capital Sofia and also in the major cities of Plovdiv, Varna, and Burgas.

We need your support so can keep delivering news and information about Bulgaria! Thank you!

Tags: KTB, Corporate Commercial Bank, Corpbank, protest, sofia, Plovdiv, Varna, Burgas, conservatorship, bank run, depositors


» Related Articles: