March 7 (SeeNews) - The Bulgarian Stock Exchange (BSE) said it has terminated the surveillance of a share issue of First Investment Bank [BUL:FIB], as the lender now complies with listing rules.
Fibank has met the requirement for the average monthly turnover of a share issue on the exchange for the last six months to amount to at least 300,000 levs ($162,873/153,388 euro), the BSE said in a statement on Monday.
The exchange placed the shares under surveillance for nine months in December, saying at the time that a review of compliance will be made every three months.
Fibank reported last week a consolidated net profit of 97.1 million levs ($52.9 million/49.6 million euro) for 2022, down from 111.4 million levs a year earlier.
As at CET 1015 on Tuesday, shares in the bank traded flat at 2.40 levs.
(1 euro = 1.95583 levs)
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