SOFIA (Bulgaria), January 12 (SeeNews) – Bulgaria’s central bank said it granted an approval to the local branch of French bank BNP Paribas Personal Finance S.A. to succeed the rights and obligations of Sofia-based BNP Paribas Personal Finance EAD as part of the company’s restructuring plan in Bulgaria.
The new branch will succeed the consumer lending activity and payment services business of BNP Paribas Personal Finance EAD and may also offer other services as a credit institution, the Bulgarian National Bank (BNB) said in a statement.
BNP Paribas Personal Finance EAD will terminate its operations as a payment institution as of February 1. As of the same date, BNP Paribas Personal Finance S.A. will start operat…
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