Bulgaria cenbank to act on banks capital positions after ECB assessment

First Investment Bank AD

25/07/2019 14:55

SOFIA, July 25 (Reuters) - Bulgaria's central bank will take
action to further strengthen the capital position of banks in
the Balkan country following a health check carried by the
European Central Bank (ECB) on six lenders, it said on Thursday.
    The central bank said its estimate from the health checks
showed that all six banks met the EU's prudential requirements
and the assessment showed the resilience of the Bulgarian
banking sector overall.
    The ECB will publish detailed results from its comprehensive
assessment on Friday. It was not immediately clear why the
central bank had decided to take further action when it forecast
the banks had met the requirements.

 (Reporting by Tsvetelia Tsolova;
Editing by Alison Williams)
 ((tsvetelia.tsolova@thomsonreuters.com; +359-2-93-99-731;))