04.06.2024 Iliya Karanikolov was re-elected as a member of the Board of the European Association of Public Banks
The first mandate of the bank manager in this position was in the period 2011-2013
Iliya Karanikolov, Executive Director of the Bulgarian Development Bank (BDB), has been re-elected to the Board of the European Public Bank Association. This is his second mandate on the board of the organisation, having held the position in the period 2011-2013.
EAPB is one of the most established associations of credit institutions in Europe, with more than 90 financial institutions from 17 countries working in the public-private investment sector as members. With a total book value of around €3.4 trillion and a market share of 15%, its members represent a significant part of the European financial sector.
The Development Bank has been a member of the European Association of Public Banks since 2005. The association was established in 2000 to represent the interests of public banks and development banks at European level.
The new leadership team of the association is an expression of the common commitment of public banks to provide innovative solutions that contribute to the prosperity and progress of Europe, said EADB CEO Lidwin Van Velden during the general assembly in Barcelona. "In times of change, we ensure sustainability by offering financial solutions that support the quality of life of Europeans and improve Europe's geopolitical position," she added.
