Meinl Bank to Enter Bulgarian Market

Professional ServicesBanks ♦ Published: May 24, 2013; 18:54 ♦ (Vindobona)

Meinl Bank still awaits the green light from the Bulgarian National Bank before it can be opened.

Meinl Bank to Enter Bulgarian Market / Picture: ©

The Austrian Meinl Bank is casting an eye on the Bulgarian Market. According to statements by Milen Keremedchiev, representative of Meinl Bank in Sofia, preparations are being made to start a Bulgarian subsidiary. At the beginning of May, the Austrian National Bank (OeNB) has given their green light. Keremedchiev will act as the managing directors in the future, as announced by the…