Bulgaria C-Bank End-Nov Dues and Equity Rise to 2.42 Bln Euro - Table

Bulgaria is operating under an IMF-prescribed restrictive monetary mechanism called a currency board system that pegs the lev at a fixed exchange rate to the euro and bans the BNB from lending to the government. The Banking Department can be a lender of last resort to local commercial banks but only to ward off systemic risk.

Following are figures from the Banking Department's balance sheet (in millions of levs):

(1 euro = 1.95583 Bulgarian levs)