These are some of the results from the latest yearly Climate Survey conducted in August 2022 and published today by the European Investment Bank (EIB). The EIB is the lending arm of the European Union and the world’s largest multilateral lender for climate action projects.
The European Investment Bank Group and UniCredit Bulbank Bulgaria signed a Guarantee on a synthetic securitization of SME and Mid-Cap loans originated by UniCredit Bulbank. The notional amount of the Guarantee is €90m on portfolio of €1bn.
According to the memorandum, the European Investment Bank (EIB) will provide support to the government of Bulgaria to contribute to the effective, efficient and timely preparation and implementation of projects or investment programmes financed by EU funds. Considering the government of Bulgaria’s needs and EIB’s role as the European Union’s long-term lender, the Bank will also be able to support institutional capacity building measures and assist the Bulgarian government in the preparation or update of strategy documents and investment plans for specific sectors.