National Guarantee Fund
FNGCIMM's Dumitru Nancu: All figures show 48% increase in lending from September 2019
The National Credit Guarantee Fund for SMEs (FNGCIMM) has five measures in the National Investment and Relaunch Plan, the most important being SME Invest, due to which lending increased by 48% compared to September 2019, the general director of FNGCIMM, Dumitru Nancu told Wednesday's Financial Intelligence Gala.
SME investment platform to become operational Tuesday or Wednesday
The IMM Invest platform for small and medium-sized enterprises (SMEs) will become operational early next week, Tuesday or Wednesday, Public Finance Minister Florin Citu said on Sunday. "The platform will be operational early next week, Tuesday or Wednesday, but rather on Tuesday. I will announce tomorrow [Monday] the exact time when it starts. It is ready, it is tested, I have seen it myself.
Bulgarian Development Bank to Step up Ties with China's ICBC
State-owned Bulgarian Development Bank (BDB) and the Industrial and Commercial Bank of China (ICBC) have signed a memorandum of understanding that aims to encourage future cooperation in cross-border funding, bilateral loans, investments and trade, the BDB said on Wednesday.