Bulgarian National Bank

07/17/2024 | Press release | Distributed by Public on 07/17/2024 06:24

Today, at its regular meeting, the Governing Council of the BNB has adopted an Ordinance amending and supplementing BNB’s Ordinance No. 19 of 20 October 2016 on credit[...]

PRESS RELEASE

17 July 2024

Today, at its regular meeting, the Governing Council of the Bulgarian National Bank has adopted an Ordinance amending and supplementing BNB's Ordinance No. 19 of 20 October 2016 on credit intermediaries. The Ordinance is adopted pursuant to Article 51, paragraph 3 and § 11 of the Act on Credits for Immovable Properties of Consumers. It extends the requirements for credit intermediaries by adding a new provision on the reporting data collection and measures in case of non-compliance.