News from 29-05-2013

BDB signed EUR 10 million credit with the Hungarian EXIM Bank

Bulgarian Development Bank received a EUR 10 million credit line from Hungarian EXIM Bank. The Agreement was signed in the presence of H.E. Mr Andras Klein, Extraordinary and Plenipotentiary Ambassador of Hungary in Bulgaria.

The funds under the Agreement will be used for financing of Hungarian projects and import of Hungarian goods in Bulgaria. They are provided for a period of 2 to 5 years. The financial resource may be used by companies in the field of agriculture, ecology, healthcare, energy, transport and utility services.

The signing of this credit line will contribute to the strengthening of the cooperation and positive economic and financial results for both parties. With the conclusion of this agreement BDB expanded its network of international partners and received a possibility to utilise another new source of financing for SMEs in Bulgaria. 

Source: BDB