The Bulgarian Development Bank gives 250 millions Leva to the commercial banks for investment credits
The Bulgarian Development Bank (BDB) will grant credit lines, amounting to 250 millions Leva, to 13 Bulgarian commercial banks. The funds are intended for middle and long-term credits, pre-export funding, as well as funding of projects, related to the EU structural funds and Bulgarian small and medium enterprises.
The credit line of a certain bank cannot be bigger than 2 0 millions Leva. The banks may use the resources to give corporate loans no bigger than 2 millions Leva, 8% interest and fees and commissions up to 0.7% on annual basis. The credit servicing term is up to 10 years with 3 years free period.
The following banks shall offer investment credits:
Alliance Bulgaria
Investbank
DSK Bank
Commercial Bank D
International Asset Bank
Unicredit Bulbank
UBB
Eurobank EFG
Corporate Commercial Bank
MKB Unionbank
FIB
CCB
Société Générale Expressbank
