MPs decided Radoslav Milenkov to continue to supervise banks
With the support of the MRF of Delyan Peevski and without that of the faction of Ahmed Dogan GERB, the BSP and « there is such a people » re -elected Radoslav Milenkov for a second term as a deputy director of the Bulgarian National Bank in the Banking Supervision Department. Milenkov was the only application for the post and was raised by the manager of the central bank Dimitar Radev.
In his opinion, the BNB stated that during his current term, Milenkov has fulfilled the priorities set out in his election in 2019, and as a specific moment, the accession of Bulgaria to the Banking Union in 2020 is indicated.
During the debate against Milenkov, Renaissance MPs were spoken, who reproached the Central Bank for raising bank fees and saw a risk for the system of accelerated mortgage lending.
BNB reports that measures give it an effect on mortgage lending
Cyril Petkov from « Continuing the Change » was also criticized over the big loans for over BGN 1 billion, which the Bulgarian Development Bank had allocated to eight companies. Martin Dimitrov refused support for Milenkov because of his work at the Fund To guarantee deposits in banks, which showed weaknesses.
Yordan Tsonev from MRF – New Beginning defended the BNB management team in the person of Dimitar Radev and Milenkov.
They have translated us through the waiting room, they will take us to the euro area.
Jordan TsonevMP, « MRF – New Beginning »
Biography
Milenkov is a Master of Finance, who graduated from the University of National and World Economy. He has experience in leadership positions in the private sector in Bulgaria – at First Investment Bank and Municipal Bank, as well as those in Albania and Northern Macedonia.
Prior to his election as BNB Deputy Governor Milenkov, he was chairman of the Board of Directors of the Deposit Guarantee Fund at banks.
