Банковият сектор в България – промени и регулации след приемането на страната в Европейски съюз
Bulgarian Banking Sector – Changes & Regulations After Country’s Accession to the EU

Author(s): Elina Tzvetkova
Subject(s): Economy, National Economy, Financial Markets
Published by: Университет за национално и световно стопанство (УНСС)
Keywords: Capital Adequacy; Banking Sector; European Union
Summary/Abstract: The present research aims at outlining the significance of the capital adequacy in the banking sector, especially during the globalization period, as well as to address the necessity of a uniform legal framework setting up the regulations on EU and international level. The global financial crisis of 2007-2008 is viewed as a main reason for tightening of the sectoral measures. Its effects were noted in Bulgaria with a lag of a year. This report reviews the capital requirements applied in the wake of the crisis in order to strengthen the banking system and increase sector stability through capital adequacy reforms and the establishment of liquidity buffers. For this purpose, the author conducts a qualitative analysis of the present legal national and EU framework applicable on the territory of the Republic of Bulgaria.

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