On 6 November, Bulgaria’s Financial Supervision
Commission (Комисия за финансов надзор – КФН) approved a prospectus prepared by
Texim Bank A.D. (Тексим Банк АД) for an initial public offering for 20 million
shares of common stock with an issue price of 1 BGN (€ 0.5113) per share.
Source: Решения
от заседание на КФН от 6 ноември 2012г. (2012-11-06)
Note: Texim Bank is currently offering the following
rates for 12-month time deposits of at least EUR 50 (or equivalent) by either
natural persons or legal entities:
EUR: 4.25%
USD: 1.10%
GBP: 0.65%
CHF: 0.60%
BGN: 4.25%
Mark Pleas
[contact]
