The seizing of fuel distributor Petrol by the now-collapsed Corporate Commercial Bank (CCB) at the end of 2013 happened through a real criminal scheme in violation of several laws and …
Bulgarian National Bank
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A week after the Financial Supervision Commission (FSC) imposed on the company-publisher of Capital record fines for publications, it turned out now that the prosecution and the central bank (Bulgarian …
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After some serious revelations about huge loans granted by FIB to entities of connected parties (see here, here and here), Bivol undertook the tough task to review the loan portfolio …
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The "Bad Apples" Banks
Chief of Bulgaria’s Financial Supervision Commission (FSC) Declared Credit Cards with Huge Credit Lines
For online banking, press 1. For bank cards, press 2… – 2… – Hello, I would like to open an account with you. My salary is 6,000 levs a mont; …
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Bivol entered the fourth year of its creation with a powerful foray. In early January 2014, we concluded the investigation in the properties of Judge Vesselina Teneva, nominated by the …
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InvestigationsLeading
Tseko Minev and Ivailo Mutafchiev behind Yulen, Vitosha Ski and Offshore Companies Credited by Private Lender FIB
After the revelation that current and former employees of FIB manage offshore companies, receiving huge loans from the lender, Bivol managed to also unravel the ownership of these companies. One …
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InvestigationsLeadingThe "Bad Apples" Banks
Connected Offshore Companies Receive Huge Amounts from Bulgarian Private Lender FIB, Bank Employees Are Involved
Damyan Boyadzhiev, Borislav Mitov and Ilyan Tsanov are reputable professionals in the financial sector. What connects them is that they all work for Bulgarian private lender First Investment Bank (FIB). …
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AnalysisLeadingThe "Bad Apples" Banks
Bulgarian Central Bank Guards Secrets of Private Lender, Threatens Bivol
On Wednesday, Bivol received on its editorial email a reply to questions sent to BNB regarding large exposures of FIB to offshore companies with unclear ownership and evidence of connected …
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CommentsLeadingThe "Bad Apples" Banks
The Financial Supervision Commission Demanded from Bivol Information on Private Lender FIB’s Draining, Will Oversee the Bank
A week after Bivol’s publication on suspicious loans of First Investment Bank (FIB) to offshore companies that raise doubts about draining of the private lender, the editorial office received an …
