The Bulgarian National Bank adopted an ordinance amending Ordinance No 44 on the conditions and procedure for selecting independent valuers under Article 55a of the Law on Recovery and Resolution of Credit Institutions and Investment Firms, changing the revenue requirements in Article 4(1) from Bulgarian lev to euro to align with Bulgaria’s adoption of the euro as its official currency from 1 January 2026.
National Bank of Bulgaria 2025-12-08
Bulgarian National Bank amends independent valuer selection rules to switch revenue requirements from Bulgarian lev to euro
The Bulgarian National Bank amended Ordinance No 44 to update the revenue requirements from Bulgarian lev to euro, aligning with Bulgaria's euro adoption on 1 January 2026. This change affects the selection of independent valuers under Article 55a of the Law on Recovery and Resolution of Credit Institutions and Investment Firms.