The Bulgarian National Bank’s Governing Council adopted amendments to its 2018 Ordinance No. 37 on banks’ internal exposures to improve the regime for granting approvals to exclude exposures to subsidiaries when determining a bank’s total exposure to persons under Article 45(1) of the Law on Credit Institutions.
National Bank of Bulgaria 2025-12-22
Bulgarian National Bank amends banks’ internal exposure rules to refine approvals for excluding subsidiary exposures
The Bulgarian National Bank's Governing Council amended its 2018 Ordinance No. 37 to enhance the approval process for excluding exposures to subsidiaries in calculating a bank's total exposure under Article 45(1) of the Law on Credit Institutions.