Банкеръ Weekly

Briefs

TREASURY

The general meeting of the Bank Consolidation Company (BCC) wll be scheduled for mid-September. New members of BCC's Board of Directors (BoD) will be appointed at the meeting. The new BoD will probably include the Minister of Finance Milen Velchev and one of his deputies. In financial circles there is some talk that this will be Krassimir Katev. Sofia Kasidova will be also on the new BCC BoD if she is approved by Premier Simeon Saxe-Coburg-Gotha as deputy minister of economy. However, bank circles have not yet mentioned the name of anyone who could be Petar Zhotev's successor as Executive Director of the BCC.

Wages of the almost 1,500 employees of the Dimitrovgrad-based fertilizer manaufacturer Neochim will be transferred into debit cards, issued by BULBANK. In July the enterprise's management closed a contract with the financial institution for servicing the wages of its staff.

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