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94 THE BANK CAPITALISM OF YOUNG 'BENGAL
It is evident that the deposits of the Bulgarian people
,prefer the large banks to the small ones. The former command
212 per cent the deposits of the latter. We,
,shall now examine in detail some of these big institutions .
.It is possible to get the figures for three of them as follows.
(for 1928):
1. Banque Comm"rciale
Italienne et Bulgare
Sofia
2 Banque Franco-Beige et
Balcanique, Sofia
3. Banque Bulgare de
Comm~rce, Sofia
Capital Reserve Deposit
40,000,000 levas 8,500,()()/' 1,032,571,000'
150,000,000 .. 10,479,000 1,000,000,000
60,000,000 .. 20,000,000 648,063,000
Total 250,000,000 .. 38,977,000 2,680,634,000
These three account for 58· 7 per cent of the capital'
, and 60 per cent of the deposits possessed by the eight.
large joint-stok banks. The lion's share in the banking
business of Bulgaria thus belongs to these three.
Now none of them are 100 per cent national, each being
foreign-controlled. IS The B~que Commerciale Italienne;
et Bulgare is, as the very name shows, Itailan in sharecapital,
dominated as it is by the Banca Commerciale .
Italiana of Milan. Similarly, the second institution is.
predominantly French and Belgian. The Banque de
l'Union Parisienne of Paris and the Banque BeIge pour
I'Etranger of Brussels are the chief share-holders, among
c.
Co-opeTatiue In/ormation (Geneva, International Labour Office), No. I, 1931_
Re. 1 =50 levas approximately.
12' Europiiische Banl(en 1931, pp. 18-21. For foreign capital in Bulgaria
see the Nea.T Eaat YeGT-Bool( 1931-32 {London}" pp. J92, 193, 167.