Bulgaria’s C-Bank Discloses Pay of Former Governor, Deputies

Finance | September 18, 2015, Friday // 20:49|  views

(R-L) BNB Governor Dimitar Radev and his three deputies Kalin Hristov, Nina Stoyanova, Dimitar Kostov. File photo by BGNES

Bulgaria’s central bank on Friday made public the remuneration packages of its former Governor Ivan Iskrov and his two deputies Kalin Hristov and Dimitar Kostov.

decision to disclose the pay of the head of the Bulgarian National Bank (BNB) and his deputies was made in July following legislative proposals made by some MPs to set limits to those remuneration packages, which they claimed were exorbitantly high.

Ivan Iskrov’s average monthly remuneration package was BGN 16,546 (EUR 8,460) before tax during the year ended June 2015, the BNB said in a statement. Iskrov stepped down in July.

Former BNB Governor Ivan Iskrov. Photo by BGNES


Dimitar Kostov and Kalin Hristov each received an average pay of BGN 14,983 (EUR 7,660) per month before tax during the same one-year period.

Kostov and Hristov serve as deputies to the current BNB Governor Dimitar Radev, in charge of the Banking Supervision Department and the Issue Department, respectively. They were voted into office by Parliament in July after being nominated to the posts by Radev.


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Tags: Bulgaria, BNB, Governor, Deputy Governor, Radev, Iskrov, Kostov, Hristov, Central Bank


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