Bulgarian National Bank

TARGET2-Securities Annual Report 2023

Retrieved on: 
tisdag, maj 28, 2024

It takes a chronological approach by first discussing the Commission’s legislative proposals of April 2023 against the pre-reform set of fiscal rules, before assessing the final political agreement which has materialised in the revised set of rules.

Key Points: 
  • It takes a chronological approach by first discussing the Commission’s legislative proposals of April 2023 against the pre-reform set of fiscal rules, before assessing the final political agreement which has materialised in the revised set of rules.
  • This paper argues that completing the architecture of Economic and Monetary Union (EMU) is an important missing element and should remain a policy priority.

ACI Worldwide and RYVYL EU Power Merchant Payments in Central Eastern Europe

Retrieved on: 
tisdag, februari 13, 2024

ACI Worldwide (NASDAQ: ACIW), a global leader in mission-critical, real-time payments software , today announced a collaboration with RYVYL EU , a leading payments service provider (PSP) and acquirer in Central Eastern Europe (CEE), to help merchants across the region increase revenues through higher transaction conversion rates.

Key Points: 
  • ACI Worldwide (NASDAQ: ACIW), a global leader in mission-critical, real-time payments software , today announced a collaboration with RYVYL EU , a leading payments service provider (PSP) and acquirer in Central Eastern Europe (CEE), to help merchants across the region increase revenues through higher transaction conversion rates.
  • RYVYL EU is an EU-regulated electronic money institution based in Sofia, Bulgaria, and is a wholly owned subsidiary of RYVYL Inc. (NASDAQ: RVYL).
  • RYVYL EU will board its eCommerce merchants and PSP customers onto the award-winning ACI Payments Orchestration Platform , enabling them to orchestrate payments using one solution, one platform and one API integration for optimal conversion rates at minimal operation costs.
  • “We are excited about our collaboration with ACI Worldwide, which signifies our commitment to staying at the forefront of technological advancements in the payment processing industry,” commented Daniela Ivanova, CEO, RYVYL EU.

ECB adjusts its capital key

Retrieved on: 
onsdag, januari 3, 2024

Communication shocks from the US spill over to risk in the euro area and vice versa, but traditional US shocks show no spillover effects to risk.

Key Points: 
  • Communication shocks from the US spill over to risk in the euro area and vice versa, but traditional US shocks show no spillover effects to risk.
  • Both monetary policy and communication shocks spill over to stocks, with euro area information spillovers being particularly strong.

GreenBox POS and Transact Europe Commence Revenue Sharing and Licensing Cooperation

Retrieved on: 
torsdag, september 23, 2021

GreenBox announced the acquisition of Transact Europe Holdings OOD on July 19, 2021, pending regulatory approval from the Bulgarian National Bank.

Key Points: 
  • GreenBox announced the acquisition of Transact Europe Holdings OOD on July 19, 2021, pending regulatory approval from the Bulgarian National Bank.
  • Transact Europe Holdings OOD is the single entity shareholder of Transact Europe EAD.
  • While final approval for the acquisition is pending, GreenBox and Transact Europe have approval to begin cooperation with respect to banking capabilities, such as card issuance and processing volume on GreenBox blockchain ledger technology.
  • Revenue sharing and licensing cooperation will remain in place until the acquisition is officially closed.

Euro central and compulsory intervention rates for Bulgarian lev and Croatian kuna in ERM II

Retrieved on: 
tisdag, juli 14, 2020

PRESS RELEASE

Key Points: 
  • PRESS RELEASE

    Euro central and compulsory intervention rates for Bulgarian lev and Croatian kuna in ERM II

    13 July 2020

    Further to the decisions taken on 13 July 2020 (see communiqus of the European Union of the same date) on the euro central rates in ERM II for the Bulgarian lev and the Croatian kuna, the compulsory intervention rates for these currencies have been established with effect from 13 July 2020 and are set out in the table below.

  • The compulsory intervention rates have been agreed by common accord between the European Central Bank (ECB) and (Bulgarian National Bank) and Hrvatska narodna banka, (Croatian National Bank) in line with Article 1.2 of the Agreement of 16 March 2006 between the European Central Bank and the national central banks of the Member States outside the euro area laying down the operating procedures for an exchange rate mechanism in stage three of Economic and Monetary Union (OJ C 73, 25.3.2006, p. 21).
  • The euro central rates and compulsory intervention rates for the Danish krone remain unchanged.
  • For media queries, please contact William Lelieveldt, tel.

Euro central and compulsory intervention rates for Bulgarian lev and Croatian kuna in ERM II

Retrieved on: 
måndag, juli 13, 2020

PRESS RELEASE

Key Points: 
  • PRESS RELEASE

    Euro central and compulsory intervention rates for Bulgarian lev and Croatian kuna in ERM II

    13 July 2020

    Further to the decisions taken on 13 July 2020 (see communiqus of the European Union of the same date) on the euro central rates in ERM II for the Bulgarian lev and the Croatian kuna, the compulsory intervention rates for these currencies have been established with effect from 13 July 2020 and are set out in the table below.

  • The compulsory intervention rates have been agreed by common accord between the European Central Bank (ECB) and (Bulgarian National Bank) and Hrvatska narodna banka, (Croatian National Bank) in line with Article 1.2 of the Agreement of 16 March 2006 between the European Central Bank and the national central banks of the Member States outside the euro area laying down the operating procedures for an exchange rate mechanism in stage three of Economic and Monetary Union (OJ C 73, 25.3.2006, p. 21).
  • The euro central rates and compulsory intervention rates for the Danish krone remain unchanged.
  • For media queries, please contact William Lelieveldt, tel.