Банкеръ Weekly

Briefs

THREE TIMES THE AMOUNT OF GDP GOES THROUGH RINGS WITHIN A YEAR

On June 2 the Real-time Interbank Gross Settlement System (RINGS) was put into operation by the Bulgarian National Bank (BNB), bringing to an end one of the most complex reforms in Bulgaria - the reform of the payment system. An illustration of that is the fact that the average daily payments in...
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