Bulgaria's third biggest lender says no restrictions on operations

First Investment Bank AD

27/06/2014 10:24

SOFIA, June 27 (Reuters) - Bulgaria's third largest lender, 
First Investment Bank  5F4.BB , said on Friday it had not 
imposed any restrictions on operations following a sharp fall in 
its share price and increased deposit withdrawals. 
    "The bank has not restricted any operations," Ivaylo 
Aleksandrov, a bank spokesman, told Reuters. He said the bank 
would shortly publish a statement. 
    The bank's share price was down 26.98 percent as of 0931 
GMT. It dipped as much as 18 percent on Thursday before ending 
down 4 percent on the day. 
    Reuters reporters saw dozens of people queuing outside three 
branches of the bank in central Sofia around midday on Friday. 
         
 
 (Reporting by Gareth Jones) 
 ((gareth.jones@thomsonreuters.com; +49 30  2888 5214; Reuters 
Messaging: gareth.jones.thomsonreuters.com@reuters.net)) 
 
Keywords: BULGARIA FIRSTINVESTMENT/