The parliamentary group of the democratic left wing adopted the name of Bistra Dimitrova for director of the State Savings Bank. Her candidature will be proposed for voting in the Parliament.
Source: Other (09.06.1995)

Representatives of the government may enter the Board of Managers of the State Savings Bank, said the deputy-minister of the economic development - Mr. Dimitar Dimitrov.
Source: Other (20.06.1995)

The draft bill on the State Savings Bank will be discussed on 18th of July, 1995 by the Chairmanship and the regional directors of the State Savings Bank. In the draft bill is laid down the State Savings Bank to be transformed into a credit institution with special status which will invest mainly in construction.
Source: Other (04.07.1995)

Cristalbank JSCo. asked for permission from the central Bank to accomplish bank operations. The licence for such activity of Cristalbank was taken away from the central Bank in 1994. This measure was taken because of the disturbed liquidity of Cristalbank due to its big obligations to the State Savings Bank and other financial difficulties.
Source: Other (10.07.1995)

The Bulgarian National Bank may resume the licence of Kristalbank JSCO. This was announced after the meeting of the governors of the Bulgarian National Bank, The State Savings Bank and Kristalbank. The managers of Cristalbank JSCo. assured the governors of the Bulgarian National Bank that it would manage to raise the capital up to BGL 800 million by the end of this year.
Source: Other (13.07.1995)

The State Savings Bank spaced out the payments on a loan of CristalbankJSCo. amounting to BGL 350 million. The principal on the loan is of BGL 280 million. The loan was granted two years ago and it was spaced out for 18 months.
Source: Other (19.07.1995)

The obligations of Cristalbank JSCo. may be bought by foreign investitors, said the experts from the Bulgarian National Bank. The bank will accomplish the payments of the interests of its creditors till the deal is concluded. The principal over the obligations of the bank to the State Savings Bank amount to BGL 280 million.
Source: Other (20.07.1995)

The Bank Consolidation Company will sell out its 12 per cent share in the Postal bank, announced Mr. Tsvetanov, CEO of the BCC. It has not been decided yet whether the BCC stake will be offered at an auction or to the present shareholders. The State Savings Bank, the State Insurance Institute and the Bulgarian Telecommunication Company hold 20 per cent shareholdings in the Postal Bank, and the National Palace of Culture - 8 percent.
Source: 24 chasa (26.07.1995)

The first bank cards "Borika" will be introduced to the market till the end of this year. So far participants in the national system for non-cash payments are the State Savings Bank, the BNB, and the United Bulgarian Bank.
Source: 24 chasa (26.07.1995)

Ms. Nikolina Micheva, Head of the Government Debt Division with the Bulgarian National Bank and Mr. Plamen Oresharski, Head of the equal division with the Ministry of Finance are likely to be elected members of the new board of directors of the State Savings Bank. The board of the directors of the SSB will be constituted out of 9 members and will include representatives of the line ministries.
Source: Other (10.08.1995)

The State Savings Bank will cut the re-financing of the commercial banks. The Bank has granted about BGL 500 million to several financial institutions. This new policy of the bank is in accordance with the totally restrictive policy of the Bulgarian National Bank. The State Savings Bank prepares new criteria for the future re-financing of the bank system to avoid the present situation when there are preferable clients of resources.
Source: Other (31.08.1995)

The Central bank will grant licences to securities dealers. Together with the Ministry of Finance criterion for issuing of a licence to initial dealer with T-bills will be worked out. At the present moment the authorized issuers of such licences are the State Savings Bank, the State Insurance Institute, the commercial banks and the insurance companies with more than BGL 200 million.
Source: Other (31.08.1995)

Skygroup became the new owner of the can fabric Zhagorets, buying 67% of its shares. The enterprise owes BGL 258 million to Balkanbank, United Bulgarian Bank and the State Savings Bank. The buyer has to invest BGL 126 million in the fabric.
Source: Standart (11.10.1995)

The international investment group Eurocapital will incease its capital up to BGL 200 million. Thirty-five are the incorpotarors of the company. Major shareholders in it are Asen Drumev, Bozhidar Danev, Bozhidar Bozhilov, Bozhidar Kabakchiev, Dimitar Tadarakov, Ilian Shotlekov and Ljubomir Gibinski. The idea of the incorporators is the company to be transformed into holding.
Source: Standart (16.10.1995)

The obligations of the municipalities towards the State Savings Bank (SSB) will be covered through T-bills. The debt of the municipal authorities to the SSB amounts to BGL 2600 million. The state will issue three emissions of securities.
Source: Standart (18.10.1995)

The Association of the commercial banks demands the securing deposit fund to gather its resources for two months and not for a month. The Association of the commercial banks summons its general meeting on 4th of December in Plovdiv. The resignation of Asen Drumev will be discusses at the meeting.
Source: 24 chasa (18.10.1995)

Mineralbank has submitted to the Bank Consilodation Company a report for the present financial condition of the bank. The recovering plan of the institution was successful and the liquidity of the bank improved fir the past three months.
Source: Pari (03.11.1995)

The biggest project of Investment Fund Razvitie ever for the construction of a united business centre in Sofia started on 29th of November. The chairman of the fund's board of directors said that Technoexport (the firm that will build the edifice) would become shareholder of the company through buying of shares. Thus the predominantly state possessed shareholders of the fund commence 5. The other four companies are United Bulgarian Bank, State Insurance Institute, State Savings Bank and Intransmash Engineering.
Source: Capital (04.12.1995)

The State Savings Bank is among Bulgargas' big debtors. Different companies owe Bulgargas BGL 35 bln. The company initiated legal proceedings against its debtors.
Source: Standart (13.12.1995)