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.


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

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