The People's Bank of China renewed its memorandum of understanding on cooperation with the Bulgarian National Bank, changing the arrangement from a three-year term to long-term validity to further strengthen cooperation between the two central banks. The renewal was signed by People's Bank of China Governor Pan Gongsheng and Bulgarian National Bank Governor Dimitar Radev on the sidelines of the International Monetary Fund and World Bank Spring Meetings. The memorandum was first signed on 14 January 2019, and People's Bank of China Deputy Governor Xuan Changneng attended the meeting.
Central Bank of the Republic of China 2025-04-24
People's Bank of China renews cooperation memorandum with Bulgarian National Bank and extends it to long-term validity
The People's Bank of China and the Bulgarian National Bank have renewed their memorandum of understanding, extending its term from three years to long-term validity to enhance bilateral cooperation. The renewal was signed by Governors Pan Gongsheng and Dimitar Radev during the IMF and World Bank Spring Meetings.