Cosme
Bulgarian Development Bank To Cover Up To 60% of Risk on Business Credits
The Bulgarian Development Bank (BDB) has signed a new agreement for the issuing of a counter-guarantee with the European Investment Fund (EIF) under the COSME programme in support of small and medium-size enterprises in Bulgaria.
Bulgaria's CIBANK, EIF Sign Deal to Provide EUR 100 M to SMEs
Bulgaria's CIBANK will be able to provide BGN 200 M (around EUR 100 M) in loans to local small and medium enterprises (SMEs) over the next three years under a deal with the European Investment Fund (EIF), the EU Commission has announced.
1000 Bulgarian SMEs to Receive EUR 100 M in Loans Under EU Investment Plan
Following the conclusion of an agreement between the European Investment Fund (EIF) and Cibank on Friday, 1000 Bulgarian SMEs will be eligible to receive EUR 100 M in loans under the programme for Competitiveness of Enterprises and Small and Medium-sized Enterprises (COSME).