The European Bank for Reconstruction and Development (EBRD) will extend a Ђ10m euro credit line for funding small- and medium-sized enterprises (SMEs), located in the country's remote regions.
The credit line will come under a facility set up by the EBRD, Erste Bank Der Oesterreichischen Sparkassen AG and WGZ Bank AG, both of which provide half of the sum.
Established in 2001, ProCredit Bank has expanded its branch network to 39 offices across Bulgaria.
Source: Sofia News Agency