Release date: 23 September 2009
Promoter – Financial Intermediary
Bulgarian Development Bank ADLocation
Description
Loan for financing SME investments and small and medium-scale projects in priority lending sectors, intermediated through Bulgarian Development Bank (“BDB”).
Objectives
Contribution to regional development, increasing competitiveness and productivity of Bulgarian SMEs, as well as promotion of longer-term SME finance in Bulgaria.
Sector(s)
Proposed EIB finance (Approximate amount)
Up to EUR 25 million
Total cost (Approximate amount)
Not applicable
Environmental aspects
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate
Procurement
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate
Status
Signed - 30/12/2009
Disclaimer
Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).