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)
First Investment Bank AD is among the biggest banks in SEE. You can download our SEE Top 100 ranking here
or subscribe to our free Top 100 newsletter here