Following the collapse of Corporate Commercial Bank (KTB) in 2014, the Bulgarian banking sector is slowly starting to recover, according to Constantinos Kypreos, vice president and senior credit officer at Moody’s Investors Service.
“The reforms initiated by the incumbent Bulgarian government are expected to balance out the negative developments of 2014,” Marco Zaninelli, a lead CEE analyst at Moody’s, added during the Credit Risk Management Conference, organized by ICAP Bulgaria, in Sofia this week.
