Corporate Commercial Bank

Corporate Commercial Bank (Bulgarian: Корпоративна търговска банка) was a Bulgarian bank. According to official data from the Bulgarian National Bank at the end of November 2013, Corporate Commercial Bank AD was the fourth largest bank in Bulgaria in terms of assets, third in terms of net profit, and first in terms of deposit growth. The bank's leadership has been accused of operating a Ponzi scheme. Its license was revoked by the Bulgarian National Bank in 2014. The bank's chairman, Tsvetan Vasilev, fled the country and as of the end of 2014 faces extradition proceeding in Serbia.

Corporate Commercial Bank

Corporate Commercial Bank (Bulgarian: Корпоративна търговска банка) was a Bulgarian bank. According to official data from the Bulgarian National Bank at the end of November 2013, Corporate Commercial Bank AD was the fourth largest bank in Bulgaria in terms of assets, third in terms of net profit, and first in terms of deposit growth. The bank's leadership has been accused of operating a Ponzi scheme. Its license was revoked by the Bulgarian National Bank in 2014. The bank's chairman, Tsvetan Vasilev, fled the country and as of the end of 2014 faces extradition proceeding in Serbia.