10th Jubilee Edition of The Youth Economic Forum

One of the most eminent experts in the banking Peter Andronov, Chief Executive Director and Chairman of the Management Board of CIBANK made an analysis on the Banks in Bulgaria. The lack of stability destroys the economy and entrepreneurship, emphasized the expert. Andronov commented the bank activity during a crisis and made forecasts for the development of the sector. He outlined the evolution in the credit and depositing activity of the bank system, examined the issue of profit and impairment, the potential consolidation in the sector as a challenge, the capital adequacy, expectations for the credit activity, etc.