CHAIRMAN: DR. KHALID BIN THANI AL THANI
EDITOR-IN-CHIEF: PROF. KHALID MUBARAK AL-SHAFI

Business

Corpbank loses licence

Published: 07 Nov 2014 - 03:26 am | Last Updated: 19 Jan 2022 - 06:35 pm

Depositors queue outside the main office of Bulgaria’s Corporate Commercial Bank (Corpbank) in Sofia yesterday. Bulgaria’s central bank has revoked the licence of the crisis-hit lender and requested a court to open insolvency proceedings.