The Commission approved prospectus for secondary public offering of bonds issued by municipality of Dobrich. The bonds issue has the following characteristics :
Issuer : Municipality of Dobrich
Type of securities: ordinary, dematerialized, fully transferable, interest – bearing, collateral bonds
Size of the issue: 2 600 bonds
Nominal value: Euro 1000 per bond
Annual interest rate : 6.86%
Term to maturity : 60 months
Payments : 10 payments
The Commission approved prospectus for secondary public offering of bonds issued by “ProCredit Bank” AD, Sofia. The bond issue has the following characteristics :
Issuer : “ProCredit Bank” AD, Sofia
Type of securities: ordinary, dematerialized, fully transferable, interest – bearing, mortgage bonds
Size of the issue: 10 000 bonds
Nominal value: BGN 1000 per bond
Annual interest rate : 6.25 %
Payments : every 6 months
The Commission revoked the license of investment intermediary Tresor AD. The main reasons are that the company does not comply with the legal requirements for capital adequacy and liquidity.
The Commission approved a draft Ordinance for amendments of Ordinance N 6 for the capital adequacy and the liquidity of the investment intermediaries.
The amendments are further step in the process of harmonization of the Bulgarian legislation with the European one, and are related to the requirements for formation of the own capital of the investment intermediaries.
The Commission approved a draft Ordinance for custodian and consultative councils of the funds for supplementary pension insurance.
Subject of the ordinance are the methods and terms for establishment of the councils, membership, functions and other details pertinent to the functioning of the councils.
Raiffaizenbank AD – Bulgaria has been included in the list of the banks -custodians of the funds for supplementary pension insurance in compliance with the proposal of Bulgarian National Bank.
The Deputy Chairman of FSC, Head of Insurance Supervision Division approved Todor Gengev as an executive member of the insurance company “ZPD Vitosha” AD.
The Deputy Chairman of FSC, Head of Insurance Supervision Division, has issued to the insurance company “Allianz Bulgaria Life” a supplementary permission for new type of life insurance. The specifics of the insurance is that the insured person can choose an investment fund where his money shall be invested.
The Deputy Chairman of FSC, Head of Insurance Supervision Division issued license to operate as an insurance broker to the following company “Avitzena – Bionet” EOOD.
