The Bulgarian-American Credit Bank (BACB) published its audited consolidated and individual financial reports as of December 31, 2011.

Based on audited data at 31 December, 2011 for the twelve months of 2010 BACB reports financial result as follows:
Net loss on individual basis of BGN 37.966 million;
Net loss on a consolidated basis of BGN 38.238 million (EUR 19.551 million);

For more details, please visit BACB’s web site