site.btaTaxing Banks' Excess Profits Carries Significant Risks for Bulgaria's Financial Stability, BNB Governor Says
BNB Governor Dimitar Radev at Bankers' Day in Sofia on December 6, 2024 (BTA Photo/Milena Stoykova)
The proposal to tax banks' excess profits carries very significant risks not so much for the banking system, but for the economic activity and financial stability of the country, said Bulgarian National Bank (BNB) Governor Dimitar Radev, who attended on Friday a celebration organized by the Association of Banks in Bulgaria (ABB) on the occasion of Bankers' Day.
/RY/
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