Press Center of BSE-Sofia

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Information by BSE-Sofia

nsider information according to art. 4 of the Law on Measures against Market Abuse with Financial Instruments

DDDDBSE-Sofia was notified by the conservators of "Corporate Commercial Bank" about accounting of a Receivables transfer contract (cession contract), referring to the transfer of the BSE receivables to "Corporate Commercial Bank" under a contract for a one-year term deposit of BGN 1,752 thousand and a discount of 25% (cession contract price of BGN 1,314 thousand). DDDD

DDDDPayments under the cession contract are deferred in equal installments over four years. An annual interest rate of 3%
shall be accrued on the residual value of the principal after payment of each installment.
DDDDFor the remaining funds of the deposit, not transferred under the aforementioned contract, a request was made to the bank's conservators to include the BSE-Sofia in the list of persons whose deposits are insured. The request was not granted by the bank's conservators. The company shall therefore apply to the court promptly.
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DDDDDDDDDDD Publication date: 27.01.2015
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