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Bulgarian Cooperative Banking

In: Credit Cooperative Institutions in European Countries

Author

Listed:
  • Matteo Cotugno

    (University of Catania)

  • Valeria Stefanelli

    (University of Salento)

Abstract

The chapter describes the peculiar characteristics of the Bulgarian economic system, with reference to the trend of the major macroeconomic variables. In this context, the analysis point out the features of the Bulgarian cooperative credit system, determining its profile based on the type of network taken into consideration and the two different entities: the Central Cooperative Bank Plc (CCB) and the Agriculture Credit Cooperatives (ACCs). The study highlights a substantial fragility of the Bulgarian cooperative system and outlines the hope of a better regulation to support it in the recent contest of EU Cooperative regulation changes.

Suggested Citation

  • Matteo Cotugno & Valeria Stefanelli, 2016. "Bulgarian Cooperative Banking," Contributions to Economics, in: Simeon Karafolas (ed.), Credit Cooperative Institutions in European Countries, pages 253-268, Springer.
    • Handle: RePEc:spr:conchp:978-3-319-28784-3_13
    DOI: 10.1007/978-3-319-28784-3_13
    as

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