Summary sheet
- Credit lines - Credit lines
The operation consists of a Growth4MidCaps Own Resources (G4M-OR) guarantee, based on a full delegation structure, of up to EUR 100m, with Bulbank acting as financial intermediary. The guarantee supports Bulbank’s lending capacity to eligible mid-caps in Bulgaria affected by recent economic challenges, including the adoption of the euro at the beginning of 2026.
The aim is to enhance access to finance for eligible final beneficiaries, primarily those operating in the industry, construction, manufacturing, agriculture and trade sectors.
The proposed operation falls within the scope of the EIB's Environmental and Social Standards - "Standard 11 Intermediated Finance". The Borrower / Financial Intermediary has adequate capacity, systems and processes in place for identifying, assessing, managing and monitoring environmental, climate and social (ECS) risks related to the potential sub-projects benefitting from EIB support. The Final beneficiaries will be required to comply with applicable national and EU legislation in respect of environmental and social matters, as appropriate.
In accordance with the EIB’s policy to ensure that sub-loans provided by Bulbank comply with EU legislation, particularly in the fields of environment, social standards and public procurement, the financial intermediary shall take all necessary measures to ensure that final beneficiaries undertake to implement and operate sub-projects under the new loan portfolio in line with applicable national legislation, provided it is consistent with EU rules, as well as with EU environmental, social and procurement requirements.