Ilia Karanikolov has been re-elected as a member of the Administration Board of the European Affiliation of Public Banks – 2024-06-05 17:33:28

by times news cr

2024-06-05 17:33:28

The primary time period of the financial institution supervisor on this place was within the interval 2011-2013.

The Government Director of the Bulgarian Improvement Financial institution (BDB) Iliya Karanikolov has been elected as a member of the Administration Board of European Affiliation of Public Banks. That is his second time period on the group’s board, having held the management submit from 2011-2013.

EAPB is without doubt one of the most established associations of credit score establishments in Europe, with over 90 monetary establishments from 17 international locations working within the public-private funding sector. With a complete guide worth of approx 3,4 trillion euros and a market share of 15% the group’s members signify a major a part of the European monetary sector.

The Improvement Financial institution has been a member of the European Affiliation of Public Banks since 2005. The affiliation was established in 2000 to signify the pursuits of state-owned and growth banks on the European stage.

The affiliation’s new administration is an expression of the widespread dedication of public banks to offer progressive options that contribute to the well-being and progress of Europe, mentioned EAPB CEO Lidwin Van Velden throughout the basic assembly in Barcelona. “In occasions of change, we guarantee resilience by providing monetary options that assist Europeans’ high quality of life and enhance Europe’s geopolitical place,” she added.

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