Arab Today, arab today attacks prompt bulgarian central bank warning
Last Updated : GMT 12:06:13
Arab Today, arab today
Arab Today, arab today

Attacks prompt Bulgarian central bank warning

Arab Today, arab today

Arab Today, arab today Attacks prompt Bulgarian central bank warning

Bulgaria's First Investment Bank in Sofia
Sofia - AFP

Bulgaria's central bank warned of an attempt to destabilise the country on Friday following an apparently coordinated campaign to spread rumours that some of its banks were in financial trouble, triggering public panic. 
"In recent days there has been an attempt to destabilise the state through an organised attack against Bulgarian banks without any reason," a central bank statement said.
In the latest incident, messages sent to the public by an unknown source via mobile phones and the Internet said the First Investment Bank (FIB), the country's third largest, was in dire financial straits. 
An interior ministry official said two other unnamed banks were targeted in a similar way.
The rumours provoked scenes of near panic in the capital, with lines quickly forming outside bank branches as clients rushed to withdraw their money.
The same thing happened a week ago to the Corporate Commercial Bank (CCB), the fourth biggest Bulgarian bank, forcing it to suspend payments and place itself under the central bank's protection.
Doubts about the CCB, majority-owned by a controversial businessman, were raised after police raided its headquarters and questioned 12 top managers.
Bulgarians have bitter memories of a grave financial crisis in 1996-97, when 14 banks, many of which owned shares in the others, went under in a little over one year. 
FIB initially fought back on Friday, saying in a statement that it would honour all requests for withdrawals even if it had to stay open later than normal.
But in the early afternoon it suspended such operations owing to "technical problems" after paying out 800 million leva (400 million euros, $545 million).
It then pledged to "serve clients normally starting Monday."
Central bank governor Ivan Iskrov insisted on Friday that that the banking system was "functioning without problem" in a statement. 
Bulgarian banks collectively hold the equivalent of 20.6 million euros ($28 million) in deposits from individuals, and 11.8 billion euros ($16.1 billion) from companies, he said.
Interior Minister Tsvetlin Yovtchev denounced "an attack" on the FIB, while another ministry official said that two other unnamed banks had suffered similar attacks.
The total represents 81 percent of the national gross domestic product in 2013. 

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today attacks prompt bulgarian central bank warning Arab Today, arab today attacks prompt bulgarian central bank warning

 



Arab Today, arab today
Arab Today, arab today Nohan Seyam designs beautiful accessories

GMT 20:02 2017 Tuesday ,21 February

Nohan Seyam designs beautiful accessories
Arab Today, arab today Tourism shows signs of recovery

GMT 09:59 2017 Monday ,20 February

Tourism shows signs of recovery
Arab Today, arab today Sarah Belamesh designs antiques of "ceramic"

GMT 19:45 2017 Monday ,20 February

Sarah Belamesh designs antiques of "ceramic"
Arab Today, arab today Top Yemen commander killed

GMT 09:55 2017 Wednesday ,22 February

Top Yemen commander killed
Arab Today, arab today To probe sexual harassment claims

GMT 10:08 2017 Tuesday ,21 February

To probe sexual harassment claims
View News in Arabic - Business: مصارف
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today To hold social dialogue over secondary school

GMT 07:43 2017 Wednesday ,22 February

To hold social dialogue over secondary school
Arab Today, arab today 63-Year-Old Woman Delivers Baby

GMT 12:35 2017 Tuesday ,21 February

63-Year-Old Woman Delivers Baby
Arab Today, arab today Milan laughs while Rome cries

GMT 10:28 2017 Wednesday ,22 February

Milan laughs while Rome cries
Arab Today, arab today Pluto's unruly moons

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons
Arab Today, arab today Nissan enhances sales in most markets

GMT 14:08 2017 Monday ,20 February

Nissan enhances sales in most markets
Arab Today, arab today Competes Sweden and Germans by S90

GMT 22:36 2017 Thursday ,16 February

Competes Sweden and Germans by S90
Arab Today, arab today Janat pleased for issuing 'Good Morning'

GMT 06:41 2017 Monday ,20 February

Janat pleased for issuing 'Good Morning'
Arab Today, arab today Small ponds have outsized impact

GMT 15:53 2017 Tuesday ,21 February

Small ponds have outsized impact

GMT 06:34 2017 Sunday ,19 February

Ahmed Fahmy stresses he did not ignore singing

GMT 06:50 2017 Wednesday ,15 February

Tragic fluctuations of Bakhtiari's life revealed

GMT 12:22 2017 Monday ,20 February

Kanye West puts hijab-wearing model

GMT 14:06 2017 Friday ,17 February

London to tax old cars

GMT 23:29 2017 Thursday ,16 February

Home built on sand castles-style costs $8m

GMT 05:15 2017 Tuesday ,21 February

Omega 3 can reduce asthma cases

GMT 19:16 2017 Friday ,17 February

Aziz House ready to host the tourists

GMT 13:12 2015 Saturday ,09 May

Sheikh Sultan opens Sharjah Centre

GMT 12:39 2017 Monday ,20 February

newest smartphone another winner for Huawei

GMT 16:08 2017 Wednesday ,15 February

Shawsh reveals her collection "Jewelry of dreams"
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday