ING Bank Sofia is a major provider of FX product and services on the Bulgarian market.
- FX Spot (and pre-spot) transactions. Major currencies against BGN and crosses. Click here to see product description of FX spot transaction.
- FX Forward Transactions. Major currencies against BGN and crosses. Tenors up to 1 year. Click here to see product description of FX forward and other MIFID type of transactions.
Bulgarian FX market:
- Major volumes in EUR/BGN and USD/BGN
- Daily turnover around EUR 200m
- Average transaction EUR 2m
- Big ticket > EUR 5m
- BGN is fixed to EUR at EUR1=BGN 1.95583
- BGN is internally fully convertible, there is limited capital account convertibility.
- Central Bank provides unlimited liquidity at its EUR/BGN fixed rate which equals EUR/BGN 1.95583
For more information, please call ING Bank Sofia.
|ING Bank Sofia|
|Phone:||+359 2 917 6714|