The General Meeting of the Central Cooperative Bank decided the capital of the bank to be 1 billion non-denominated levs. The capital will be allocated in 1 million shares with a face value 1000 non-denominated levs. The total profit of the bank for 1994 is 5.5 million non-denominated levs that will be completely allocated for provisions. The net loss of the bank is 2.337 million non-denominated levs.
Source: 24 chasa (26.04.1995)

Sofia City Court registered a change for the Central cooperative bank JSC: the Executive Director Mr. Valerii Georgiev is dismissed.
Source: State Gazette (28.04.1995)

The debts of the enterprises from the food industry to the banks amount to BGL 16 billion. Their major creditors are Balkanbank JSC. and Hebrosbank JSC. Central Co-operative Bank agreed to space the obligations of part of the enterprises out. The companies that are in the most difficult financial crisis will be transformed into joint-stock companies with participation of the banks. They would have the right to keep their participation for 5 years. Other enterprises will be sold out or will be placed under the management of other companies.
Source: Other (19.07.1995)

The credit line for the ECU 6 million granted by the EC will be serviced by 3 commercial banks: the Bulgarian Postal Bank, the Central Cooperative bank and Expressbank. The money will be allocated to the small and medium-size businesses. Another credit amounting to ECU 7 million for the agriculture will be granted in September.
Source: Other (07.08.1995)

The Central Cooperative Bank registered the increase of its capital from BGL 500 million up to BGL 1 billion by the release of a new issue of 700 thousand registered and 300 thousand bearers shares, nominal value BGL 1000.
Source: State Gazette (08.08.1995)

The Board of Governors of the State Fund for Reconstruction and Development approved the applications for credits submitted by state-owned enterprises at its meeting held yesterday. USD 7 million will be granted to Beta SPJSCo (Tcherven Brjag) for the financing of special production. The Centaral Cooperative Bank will guarantee the credit. USD 6 million gets Arsenal (Kazanluk). The credit will be serviced by TS Bank. Balkanbank will service USD 5 million granted to Tchavdar (Botevgrad).
Source: Other (11.08.1995)

The general meeting of the shareholders of Central Cooperative Bank discharged Ms. Katerina Zarkova, Chairperson of the Board of Directors. Stoyan Alexandrov, ex - Minister of Finance was elected CEO and Chairman of the Board of the bank. Executive Directors are also Georgy Georgiev and Georgy Pankov. According to preliminary data the bank will report profit of BGL 122 million in 1995.
Source: Pari (02.10.1995)

Mineralbank, Bulgarian Agricultural and Industrial Bank, Central Cooperative Bank and First East International Bank concluded an agreement for joint work and cooperation in the field of the interbank managing of resources of Agriculture Fund. About BGL 4 billion have been collected in the fund up to the present moment and BGL 3 billion of them have been granted on the part of the State Fund for Reconstruction and Development.
Source: Other (03.10.1995)

The ECU 7 million granted by the EC under the PHARE Program for the financing of the agriculture will be governed by Union Saedinenie, as stated by the Executive Director of Saedinenie Valery Stoyanov. The servicing of the loan has been denied to Central Cooperative Bank and the Agricultural and Industrial Bank which also applied for it. The resources will be granted under interest rate 2 -3 per cent lower than the current interest rate of the central bank.
Source: Standart (05.10.1995)

The profit of Central Co-operative Bank for 1995 amounts to BGL 120 million. The raised capital of the bank totals to BGL 505 million and the balance figure of the bank has reached BGL 8,33 billion.
Source: Banker (23.10.1995)

Hebrosbank JSC, United Bulgarian Bank JSC, Balkanbank JSC, First Private Bank JSC, Central Cooperative Bank JSC, First East International Bank JSC, Expresbank JSC, Bulgarian Agricultural and Industrial Bank JSC, Balkan Universal Bank JSC and International Bank for Commerce and Development JSC will grant credits to several fodder plants.
Source: Trud (28.11.1995)

The most important present problem of the enterprises of the agricultural sector is their obligations to the banks. Major creditors are United Bulgarian Bank JSC, Hebrosbank JSC, Balkanbank JSC, Bulbank JSC, Economic Bank JSC and First Private Bank JSC.
Source: Other (04.12.1995)

The Central Co-operative Union will increase its share participation in the capital of the Central Co-operative Bank, states the Chairman of the union Pancho Ivanov. The above measure will be undertaken for the sake of the financial stabilization of the bank.
Source: Standart (11.12.1995)

TS Bank JSC reported a profit of BGL 186 million for the first 9 months of 1995. At the moment the bank's capital amounts to BGL 1,330 billion - BGL 500 million of them are deposited in long-term assets. Shareholders of the bank are 700-800 legal entities and natural persons. The bank owns shares of Hebrosbank JSC, Expressbank JSC, Central Cooperative Bank JSC, Bulgarian Investment Bank JSC, Biochim JSC, Bulgarian-Russian Investment Bank JSC.
Source: Other (20.12.1995)

More than 30 companies established a Bulgarian-Ukranian Bank. The capital of the newly-established credit institution, which will facilitate the payments between the two countries amounts to BGL 810 mln. The state participation in the bank is 45 per cent. Shareholders on the Bulgarian part are "Neftochim", "Kremikovtsi", "Sodi" - Devnja, the Kazanlak and Sopot military plants, "Bourgas Port", "Elitbank", "Central Cooperative Bank", "Businessbank" and the International Orthodoxal Bank "St. Nikola" On the Ukranian part shareholders are 16 companies. Nikolay Djulgerov and Proff. Konstantin Gabroski are elected respectively Chairman and Deputy Chairman of the Board of Directors.
Source: Standart (21.12.1995)