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The BNB identified eight banks as systemically significant.
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The BNB Governing Council has identified eight banks as systemically important institutions, the central bank said.
These are UniCredit Bulbank, DSK Bank, First Investment Bank, United Bulgarian Bank, Postbank, Raiffeisenbank Bulgaria, the Bulgarian Development Bank and the Central Cooperative Bank.
As important banks for them, the BNB also determines the level of buffer that they should set aside when granting loans. For the first three banks, it is 1% applicable to the total value of risk exposures. For the next three banks it is 0.75 percent, and for the last two it is 0.5%.
In practice, there has been no change in the significant banks designated by the BNB, the same was the case last year. The buffer allocated by them also remains unchanged.
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