Bulgarian Cooperative Banking

Matteo Cotugno and Valeria Stefanelli ()
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Valeria Stefanelli: University of Salento

A chapter in Credit Cooperative Institutions in European Countries, 2016, pp 253-268 from Springer

Abstract: Abstract The chapter describes the peculiar characteristics of the Bulgarian economic system, with reference to the trend of the major macroeconomic variables. In this context, the analysis point out the features of the Bulgarian cooperative credit system, determining its profile based on the type of network taken into consideration and the two different entities: the Central Cooperative Bank Plc (CCB) and the Agriculture Credit Cooperatives (ACCs). The study highlights a substantial fragility of the Bulgarian cooperative system and outlines the hope of a better regulation to support it in the recent contest of EU Cooperative regulation changes.

Keywords: Banking System; Euro Area; Commercial Bank; Microfinance Institution; Credit Cooperative (search for similar items in EconPapers)
Date: 2016
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Persistent link: https://EconPapers.repec.org/RePEc:spr:conchp:978-3-319-28784-3_13

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DOI: 10.1007/978-3-319-28784-3_13

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