News

On 1 April 2021 BDIF received via UniCredit Bulbank AD the amount allocated to it in the fourth partial account for distribution of accepted claims to KTB AD (b) – BGN 189.1 mln.

The trustee of Corporate Commercial Bank (in bankruptcy) - KTB (b), informs the creditors of KTB (b) with accepted claims that on the grounds of Art. 99, para 4 of the Law on Bank Bankruptcy (LBB) the repayment of amounts, included in the fourth partial account for distribution commences as of 9 am on 30 March 2021 (Tuesday). The fourth partial account has been prepared in compliance with the provisions of Art. 95, para 1 of the LBB and has been approved by the BDIF Management Board on the grounds of Art. 99, para. 1 of the LBB. The full announcement of KTB (b) trustee is available here.

Today, 8 September 2020, BDIF received via UniCredit Bulbank AD the amount allocated to it in the second partial account for distribution of accepted claims to KTB AD (b) – BGN 320.6 mln.

The trustee of Corporate Commercial Bank (in bankruptcy) - KTB (b), informs the creditors of KTB (b) with accepted claims that on the grounds of Art. 99, para 4 of the Law on Bank Bankruptcy (LBB) the repayment of amounts, included in the second partial account for distribution commences as of 9 am on 8 September 2020 (Tuesday). The second partial account has been prepared in compliance with the provisions of Art. 95, para 1 of the LBB and has been approved by the BDIF Management Board on the grounds of Art. 99, para. 1 of the LBB. The full announcement of KTB (b) trustee is available here.

Since the initial day of reimbursement, 4 December 2014, till 5:00 pm on 4 December 2019 112,021 depositors with Corporate Commercial Bank (in bankruptcy) have disposed with their guaranteed deposits to the amount of BGN 3 billion and 687.173 million.

On 4 December 2019 the term for payout of guaranteed deposit amounts of depositors with Corporate Commercial Bank AD (in bankruptcy) / (KTB AD) (b) expired. In total, BGN 3 billion and 687 million, or 99.8 per cent of the sum total of covered deposits have been paid out by BDIF to more than 112 thousand depositors with KTB AD (b) as of the initial day of payout – 4 December 2014 to 4 December 2019.

Since the initial day of reimbursement, 4 December 2014, till 5:00 pm on 29 November 2019 112,015 depositors with Corporate Commercial Bank (in bankruptcy) have disposed with their guaranteed deposits to the amount of BGN 3 billion and 686.924 million.

Since the initial day of reimbursement, 4 December 2014, till 5:00 pm on 22 November 2019 112,010 depositors with Corporate Commercial Bank (in bankruptcy) have disposed with their guaranteed deposits to the amount of BGN 3 billion and 686.908 million.

Since the initial day of reimbursement, 4 December 2014, till 5:00 pm on 15 November 2019 112,008 depositors with Corporate Commercial Bank (in bankruptcy) have disposed with their guaranteed deposits to the amount of BGN 3 billion and 686.906 million.