SMEs will be able to receive credit from commercial banks with an 80% guarantee from the Fund of Funds, the remaining 20% will be a risk borne by the bank itself. The measure is part of the recovery programme announced today by Minister of..
Five major Bulgarian commercial banks are to go under the direct supervision of the European Central Bank as of October 1, 2020 , BNR reports. This is part of the cooperation of the Bulgarian National Bank with the European financial institution on the..
Unsecured working capital loans of up to EUR 150,000 will be granted by 8 commercial banks, which have already signed an agreement with the Bulgarian Development Bank - BDB, the executive director of the state treasury Panayot Filipov has announced...
