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Bulgaria’s deposit market loses steam in Q3 2009

Bulgaria’s deposit market loses steam in Q3 2009

Nov 03 2009 15:29 CET by Dnevnik.bg

The Bulgarian deposit market exhausted its capacity to provide liquidity for local lenders as recession strengthened its grip on the economy, the latest figures from the Bulgarian National Bank showed.

Bulgarian banks write down 1.8B leva as losses in January-September

Bulgarian banks write down 1.8B leva as losses in January-September

Nov 03 2009 15:06 CET by Dnevnik.bg 1 comment

Loans written off as losses by Bulgarian banks rose to 1.843 billion leva in the first nine months of this year, central bank figures showed.

Bulgarian Government seeks extension from BDZ’s creditors

Bulgarian Government seeks extension from BDZ’s creditors

Nov 03 2009 15:03 CET by Dnevnik.bg

Bulgaria’s Transport Ministry will meet on November 3 with the creditors of state railway carrier BDZ to ask for a grace period until the end of 2010.

Tirista Ltd purchased a ship from Bulyard for $21M

Tirista Ltd purchased a ship from Bulyard for $21M

Nov 03 2009 10:59 CET by Nick Iliev

Bulyard Shipbuilding Industry EAD is a subsidiary of Bulyard AD, in which Industrial Holding Bulgaria PLC currently holds 61.5 per cent of the voting shares

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