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BDB and EIB sign agreement to support small enterprises

Photo: BGNES

The Bulgarian Development Bank has signed an agreement with the European Investment Bank worth 175 million euros. A guarantee contract was also concluded between the BDB bank and the European Investment Fund within the framework of the InvestEU programme.

The purpose of the agreements is to support small and medium-sized Bulgarian companies, BNR reporter Marta Mladenova has informed. At the ceremony, Minister of Finance Assen Vassilev said that "at a time of rising interest rates, Bulgarian small and medium-sized enterprises will have access to loans with lower interest rates, so that their investment programs would not suffer".




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