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Bulgarian Development Bank

Bulgarian Development Bank offers a credit program for energy efficiency to small, medium-sized businesses

The Bulgarian Development Bank (BDB) will help companies in the Manufacturing Industry sector to transition to a green and low-carbon economy through its new Energy Efficiency of Small and Medium Enterprises program. The need for such investments is no..

14.08.22 14:48 |

Bulgarian Development Bank to provide loans to businesses over expensive electricity

The Bulgarian Development Bank will help companies over unexpected increases in electricity prices, Minister of Innovation and Growth Daniel Lorer said. For this purpose, loans of up to 100,000 euros will be granted to small and medium-sized..

18.02.22 16:09 |
Minister Kiril Petkov

Delyan Peevski did not receive direct loans from BDB

The Bulgarian Development Bank has been checking economic relation in loans granted by it. this happens after Delyan Peevski was sanctioned under the global "Magnitsky" Act . This was announced by the Minister of Economy Kiril Petkov during a..

29.07.21 18:51 |

18,500 small and medium-sized enterprises supported by Bulgarian Development Bank

More than 2.863 billion euros have been provided to 18,500 small and medium-sized companies by the Bulgarian Development Bank for the past 11 years, the institution reported. On average, the bank supports about 590 small and medium-sized..

31.05.21 18:39 |
Caretaker economy minister Kiril Petkov

Two of BDB's top companies received better interest rates on loans

Two of the 8 companies financed with nearly BGN 1 billion by the state-owned Bulgarian Development Bank have obtained much better interest rates compared to their previous loans, the Minister of Economy Kiril Petkov told BNR.  The difference in..

30.05.21 14:13 |
Economy Minister Kiril Petkov

Meeting of Economy Minister with large borrowers of loans from BDB fails

The meeting scheduled for today between the Minister of Economy Kiril Petkov and the eight largest borrowers of loans from the Bulgarian Development Bank (BDB) did not take place after none of the companies invited by Petkov appeared . The minister said..

28.05.21 15:59 |
Caretaker Economy Minister Kiril Petkov

Caretaker Minister of Economy to meet with the largest loan borrowers from BDB

The caretaker Minister of Economy Kiril Petkov has issued an invitation for a meeting with representatives of the 8 companies that received the largest loans from the Bulgarian Development Bank totalling over 470 million euros. Petkov said the meeting..

28.05.21 06:55 |
Economy Minister Kiril Petkov

Economy Minister demands explanations over loans granted by Bulgarian Development Bank

The caretaker Minister of Economy Kiril Petkov has invited the representatives of the Supervisory Board of the Bulgarian Development Bank (BDB) to explain how they have allowed a concentration of loans for nearly BGN 1 billion /EUR 500 million/ in a..

22.05.21 16:48 |

Three Seas Initiative to attract investment from Japan, South Korea and Qatar

Japan, South Korea and Qatar are countries that will also join the Three Seas initiative, because the initiative's priorities are good energy infrastructure and digital connectivity along the north-south axis in Central and Eastern Europe. This was..

18.05.21 11:35 |
Anton Kutev

Cabinet spokesperson says loans granted by BDB to be audited

About half a billion euros have been given by the Bulgarian Development Bank (BDB) to 8 companies, which are anything but small. The fact is that they are associated with several iconic faces. One is Delyan Peevski. For me, this is scandalous because..

17.05.21 10:51 |
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