News
Bulgarian Development Bank was granted credit line of EUR 25 million by KfW
27 July 2010
Bulgarian Development Bank (BDB) contracted with KfW credit line at the amount of 25 million Euro. The agreement was signed today by the executive directors of BDB Dimitar Dimitrov and Sasho Tchakalksi and by the Vice President of KfW Dr. Johannes Feist and Senior Project Manager Martie Julia Lehrhaft. This is the second credit line from the German financial institution that Bulgarian Development Bank manages. The loan is provided without state guarantee.Companies repaid over 500 loans under the credit line programs of BDB
20 July 2010
Almost 300 new loans have been granted for the first six months of the year Companies repaid over 500 loans granted under the two programs for financing of small and medium-size enterprises and agricultural manufacturers of Bulgarian Development Bank AD (BDB) until the end of June, 2010. The total amount of the repaid loans is about BGN 77 mln.Companies repaid over 500 loans under the credit line programs of BDB
06 July 2010
The Bulgarian Development Bank has transferred 100 mln leva under the business payments shceme 40 per cent of the resources were granted to construction companies. Bulgarian Development Bank AD (BDB) transferred almost BGN 100 mln for settlement of the government liabilities to public tenderees. As of July 1, 2010 476 applications for transfer of liabilities were submitted by 242 companies and their total amount is BGN 132 mln.BDB will support Bulgarian importers of agricultural products from U.S.A
22 June 2010
Bulgarian Development Bank (BDB) will support Bulgarian importers of agricultural products from U.S.A This became possible after Bulgarian financial institution is approval as a partner-bank under the Export Credit Guarantee Program (GSM-102) of the Commodity Credit Corporation to the United States Agricultural Department.Top financiers from European banks discuss the economic situation in EU on a forum
02 June 2010
Bulgarian development bank is hosting the forum 20 top financiers from European development banks will discuss the current economic situation in EU, the Euro’s role and its reflection on the real economy in Europe. The discussion will take place during the meeting of Chief Economists of the institutions, participating in the European Association of Public Banks (EAPB). Host of the forum, taking place on 3-4 June 2010 at the Reviera complex, is the Bulgarian Development Bank (BDB).The Bulgarian Development Bank issues EUR 20 mln. bond
18 May 2010
The Bulgarian Development Bank (BDB) issued and placed its second bond issue with a nominal value of EUR 20 mln., a 5 year maturity and a coupon of 5%. The lead manager of the bond was Raiffeisen (Bulgaria) EAD.Over BGN 71 million free resources for new loans under the BDB credit lines
23 April 2010
Commercial banks have at their disposal now over BGN 71 million under the credit lines of the Bulgarian Development Bank (BDB) to negotiate new loans, according to data as at 31 March 2010. BGN 39 million of these are earmarked for current and investment funding of small and medium-sized enterprises, and the remaining BGN 32 million – for special purpose funding of agricultural producers.Bulgaria to Host the Annual Meeting of the European Association of Public Banks
21 March 2010
The European Association of Public Banks (EAPB) chose Bulgaria to be the host of its annual meeting. More than 20 top economists from the European development banks shall discuss on June 3rd and 4th the role of the state banks in the governments' anti-crisis measures. The meeting will be held in Riviera holiday club.
