Bulgarian development bank Bulgarian development bank

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  • About BDB

    Bulgarian Development Bank (BDB) is a financial institution 99.9%-owned by the Bulgarian state. It is the successor of Encouragement Bank established in 1999. Its focus is to support small and medium-sized enterprises. BDB is among the top four Bulgarian banks in terms of credit rating, rated "BBB" with stable perspective by Fitch Ratings, the global credit rating agency. It is the only Bulgarian bank to provide financing via other credit institutions as well as direct financing. BDB is the best-positioned local bank to raise funds from international partners. Its subsidiary, the National Guarantee Fund, issues guarantees for bank loans to the non-financial sector.

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  • Rating

    Bulgarian Development Bank was awarded the highest possible credit rating for a financial institution in Bulgaria - "BBB" with a stable outlook from the international rating agency Fitch.



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  • Subsidiaries

  • International Partners