Picture of First Investment Bank AD logo

FIB — First Investment Bank AD News Story

0.000.00%
bg flag iconLast trade - 00:00
FinancialsSpeculativeMid CapTurnaround

Bulgaria's First Investment Bank shares down 19.79 percent

By Tsvetelia Tsolova 
    SOFIA, June 27 (Reuters) - Shares in Bulgaria's First 
Investment Bank  5F4.BB  were down 19.79 percent at 0750 GMT on 
Friday, following a similar sharp drop in the stock price on 
Thursday.  
    Shares in other banks were also down.  
    A run on Corporate Commercial Bank (Corpbank)  6C9.BB  last 
week prompted the central bank to seize control of the country's 
fourth largest lender and temporarily shut down its operations.  
    Shares in Bulgarian banks fell sharply on Thursday after a 
lawmaker from the ruling Socialist Party said another lender 
could come under attack. A spokesman for First Investment Bank 
said after Thursday's decline that the bank was in "excellent 
condition". 
 
 (Reporting by Tsvetelia Tsolova; writing by Matthias Williams; 
Editing by Gareth Jones) 
 ((matthias.williams@thomsonreuters.com)(Reuters Messaging: 
matthias.williams.thomsonreuters.com@reuters.net)) 
 
Keywords: BULGARIASTOCKS/FIRSTINVESTMENTBANK

Recent news on First Investment Bank AD

See all news