A commission for transparency and control of public funds in the Bulgarian Development Bank (BDB) will start work by the end of the week, the Ministry of Economy has reported. The bank which has become 100% state property, will be inspected over..
About half a billion euros have been given by the Bulgarian Development Bank (BDB) to 8 companies, which are anything but small. The fact is that they are associated with several iconic faces. One is Delyan Peevski. For me, this is scandalous because..
Fitch Ratings has revised the outlook on Bulgarian Development Bank’s Long-term Issuer Rating to Positive from Stable and affirmed the Long-Term IDR and Support Rating Floor at “BBB”, announced the international credit rating agency. The revision of..
The Chairman of the Bulgarian Industrial Association, Radosvet Radev, has stated that no matter how good the business support measures implemented through the Bulgarian Development Bank might be, interest in them has been too low. He made the statement..
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...
The Bulgarian Socialist Party demands the establishment of an ad hoc Parliamentary committee to investigate the deal between the Bulgarian Development Bank and First Investment Bank. The decision was taken during the sitting of the National Council..
The European Commission has approved state aid to the tune of EUR 250 million to help small and medium-sized enterprises in Bulgaria affected by the coronavirus epidemic. The scheme has been submitted for approval in March by the Bulgarian government...
Prime Minister Boyko Borissov announced that he had ordered the dismissal of the CEO and the board of the Bulgarian Development Bank . The Bulgarian prime minister stated that the reason for this decision was that the bank granted a loan of..
The Bulgarian Development Bank is launching new programmes in support of businesses affected by the COVID-19 pandemic. The initiative supplements the government’s measures and includes sectors that are, for the time being, left out of the..
The Bulgarian state is increasing its participation in the Bulgarian Development Bank - BDB. The capital increase is by EUR 350 million. The funds are given to the BDB for the implementation of support measures for small and medium-sized enterprises..
