Depositors Storm KTB Headquarters, Blockade Streets

Finance | October 14, 2014, Tuesday // 14:59|  views

Photo by BGNES

Customers of troubled Corporate Commercial Bank (Corpbank or KTB) tried to enter the bank's main building at Sofia's Garibaldi Square on Tuesday.

Their demand was to meet the bank's Supervisory Board, the experts appointed by the Bulgarian National Bank (BNB) after the latter placed KTB under conservatorship in June.

Protesters, who have held a number of rallies over the
last weeks, have vowed not to give up demonstrations until their calls are heeded.

They insist KTB should be opened to allow customers the opportunity to use their money and demand to meet the supervisors to pose their questions.

The Corpbank crisis has affected between 200 000 and half a million people and tens of state entities which saw their asset there frozen after it suspended all operations this summer.

Ivan Denkoglu Str, where the bank is located, has been sealed off by police after the protests started. 

A similar protest was held on Monday.

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Tags: KTB, Corporate Commercial Bank, Corpbank, BNB, supervisory board


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