Search En menu en ClientConnect
Close ClientConnect
Search

Top searches
Most visited pages

BDB INTERMEDIATED LOAN FOR SMES AND MIDCAPS

Signature(s)

Amount
€ 150,000,000
Countries
Sector(s)
Bulgaria : € 150,000,000
Credit lines : € 150,000,000
Signature date(s)
18/11/2016 : € 150,000,000
Link to source
Data sheet
BDB INTERMEDIATED LOAN FOR SMES AND MIDCAPS
Other links
Summary sheet
BDB INTERMEDIATED LOAN FOR SMES AND MIDCAPS
Related press
Bulgaria: EU supports SME and midcap projects through BDB – first EIB EFSI transaction in the public sector

Summary sheet

Release date
30 June 2016
Status
Reference
Signed | 23/11/2016
20160229
Project name
Promoter - financial intermediary
BDB INTERMEDIATED LOAN FOR SMES AND MIDCAPS
BULGARIAN DEVELOPMENT BANK AD, ACCEPTABLE BANK(S)
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 150 million
Not applicable.
Location
Sector(s)
Description
Objectives

Dedicated loan for the financing of small and medium-sized projects promoted by small and medium-sized enterprises (SMEs) and mid-caps in Bulgaria or other EU member countries, if applicable

Financing of small/medium projects carried out by SMEs and mid-caps

Environmental aspects
Procurement

Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.

Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.

Link to source
Summary sheet
BDB INTERMEDIATED LOAN FOR SMES AND MIDCAPS
Other links
Data sheet
BDB INTERMEDIATED LOAN FOR SMES AND MIDCAPS
Related press
Bulgaria: EU supports SME and midcap projects through BDB – first EIB EFSI transaction in the public sector

Disclaimer

Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).

News & Stories

Press release

Bulgaria: EU supports SME and midcap projects through BDB – first EIB EFSI transaction in the public sector

5 December 2016

The European Investment Bank (EIB) has provided a EUR 150m intermediated loan to the Bulgarian Development Bank AD to finance small and medium-scale projects promoted by SMEs and midcaps in Bulgaria.

This is the first EIB transaction in Bulgaria’s public sector benefiting from the support of the EU budget guarantee under the European Fund for Strategic Investments (EFSI), the financing component of the Investment Plan for Europe.

EIB Director for lending operations in Central and South-Eastern Europe Flavia Palanza stated: “This is the first EFSI public sector project in Bulgaria. It combines EFSI financing with private sector involvement to improve the access SME and midcap companies have to long-term finance under [...]

See more
Link to source
Related press
Bulgaria: EU supports SME and midcap projects through BDB – first EIB EFSI transaction in the public sector
Other links
Data sheet
BDB INTERMEDIATED LOAN FOR SMES AND MIDCAPS
Summary sheet
BDB INTERMEDIATED LOAN FOR SMES AND MIDCAPS

General enquiries and comments

The EIB is committed to open communication and encourages constructive stakeholder input regarding its activities.
Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
Alternatively, the EIB can be contacted through its external offices.
Queries regarding details of a specific project, in particular when it is under appraisal by the EIB, should preferably be addressed directly to project promoters.

Media enquiries

Media-related enquiries can be addressed to the EIB Press Office. Please also visit our Media information section.

Complaints mechanism

Any complaint regarding alleged maladministration can be lodged via the EIB Complaints Mechanism. The European Ombudsman acts as an independent external accountability mechanism of the EIB.

Zero tolerance against fraud and corruption

The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Fraud and Investigation division. All complaints will be treated as strictly confidential and handled in line with the EIB investigation procedures and the Anti-Fraud Policy.

Related publications