East-West bank is the new player on the bank market in Bulgaria as the bank received a license from BNB. Shareholders in the 35-th bank in Bulgaria Aktiva Holdings B. V. with 72 per cent / subsidiary company of the Slovenian Aktiva Group, which deals with investments in Central and Eastern Europe/, LB Maxima – 25per cent /the company is 100 per cent property of the biggest Slovenian Bank Nova Ljubljanska Banka/. The minority stake of 2.9 per cent is property of another Slovenian bank - Factor Banka.
Source: Pari (25.08.2003)

East-West bank received a license for bank activities, was reported from the Bulgarian National Bank yesterday. The license gives a right to the financial institution to execute all deals in accordance with the Banks Law, excluding deals with securities and management of bank cards. The capital of East-West Bank is in amount of BGN 13.960 million. The members of the Managing Board of the bank are Mr. Dushan Valenchich, Mr. Matei Filatov and Mr. Bogdsan Podlesnik.
Source: Sega (02.09.2003)