which has operated as a financial investment company since 1996, will start servicing customers, Chief Executive Director Tsvetan Vassilev announced. The bank's total assets rose from BGN 10 million to BGN 22 million in six months. Its credit portfolio reached nearly BGN 9 million. Lending is concentrated mostly in the export sector. The management's ambition is to post total assets in excess of BGN 25 million at the year's end, and double that amount in 2001. Corporate Bank was owned by Bulbank until May, when it was sold to ten companies, most of them specially registered for the purchase