More NewsBulgarian National Bank Chooses Trema for EU Treasury Standards

Bulgarian National Bank Chooses Trema for EU Treasury Standards

Bulgarian National Bank, Bulgaria’s central bank, has strengthened its accession strategy through the implementation of the Trema Suite as its new treasury management system covering front-, middle- and back-office for their reserve management operations. According to Trema, selecting them ensures the bank is well ahead of the 1 January 2007 deadline for compliance with the revised Eurosystem standards and the country’s integration into the European Union. “As an accession country, ensuring our financial processes were efficient and standardised was vital,” said Tsvetan Manchev, deputy governor at Bulgarian National Bank.

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