Svetoslav Milanov: Banks in Bulgaria are ready for the Eurozone

The challenges of changing the leva to the euro are the same for all banks in Bulgaria market, regardless of whether they are small or large financial institutions. By the end of the year, the banks will be ready with their systems and branches to enter the Eurozone, but what is not noticed and is rarely talked about are the millions of investments that credit institutions are making along this line.

This was said by Svetoslav Milanov, Executive Director and Chairman of the Board of Directors of Investbank during https://www.investor.bg/a/539-banki-i-zastrahovateli/393258-bankoviyat-sektor-po-reguliran-ot-atomnata-energetika organized by Investor.bg.

Artificial intelligence and new regulations in the sector were also among the topics discussed.

Shortly before the Banking today forum, Svetoslav Milanov gave an interview to Investor.bg, in which he talked about interest rates on deposits and loans and the signals that our country is sending by postponing entry into the Eurozone. You can see the interview HERE

The forum was covered by numerous media. A report from the event, with the participation of the executive director of Investbank, was also broadcast in TAP HERE on 28th of april at 19h.