Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

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

Caretaker economy minister Kiril Petkov
Photo: Ani Petrova, BNR

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 interest rates is about 5% - Technomarket has received a loan with an interest rate of 2% at a previous interest rate of 7%, while the ratio at Transpect is 4% to 9%. 
The Minister clarified that the interest rate proposals were made by the Management Board of the bank. 
"When BGN 1 billion of taxpayers' money is spent, it's not wrong to worry about why this was done," he said. 
Kiril Petkov pointed out two more "worrying places" with a priority focus on work - the State Consolidation Company and the Bulgarian Insurance Agency.



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

The Bulgarian Academy of Sciences honors the national revival leaders with a ceremonial event and an exhibition

The Bulgarian Academy of Sciences will celebrate the National Enlighteners’ Day today with a ceremonial event and an exhibition, reported BTA. The event will be opened by the Academy’s President, Corresponding Member Evelina Slavcheva. Academician Ivan..

published on 10/31/25 6:05 AM

The sunny autumn weather continues across Bulgaria

On Friday, minimum temperatures will range from 2° to 7°C , reaching up to 10°C along the Black Sea coast. In the valleys, temperatures may drop below 0°C, while in Sofia it will be around 2°C. In the morning, fog or low cloud is possible in some lowland..

published on 10/30/25 7:05 PM

Bulgarian national hero Hristo Botev monument reopens in Izmail, Ukraine, amid air raid sirens

In the Ukrainian city of Izmail, the refurbished monument to revolutionary poet Hristo Botev was officially unveiled today , even as air raid sirens sounded across the city, BTA reported. The ceremony, which was held as part of the Day of the..

published on 10/30/25 4:49 PM