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Bulgaria

Tradewind Finance provides finance to Bulgarian trading companies

Tradewind Finance, an international trade finance provider, has announced credit facilities for two trading companies based in Bulgaria that specialise in fertilizer products. The facilities are providing working capital for growth and expansion. Tradewind’s factoring solutions are used by businesses...

#Desislava Yordanova#Tradewind Finance#working capital

Comarch and DSK Bank announce strategic partnership for digital...

Comarch, a strong IT solutions provider based in Poland, and DSK Bank, a key financial institution in Bulgaria and part…

#Comarch#DSK Bank#Iuliia Toporova


EIB and Bulgarian Development Bank sign €175m loan to...

The European Investment Bank (EIB) and Bulgarian Development Bank (BDB) are joining forces with a €175m loan to improve access…

#Bulgarian Development Bank


IFC expands green finance for SMEs in Bulgaria, Croatia,...

A new investment will help expand access to climate finance, supporting small and medium enterprises (SMEs), while bolstering the banking…

#bank#emerging markets#management


EBRD and DSK Bank to strengthen competitiveness of firms...

The European Bank for Reconstruction and Development (EBRD) and DSK Bank are joining forces under ... (more…)

#bank#management#risk


Efcom, AMFS and Software Group partner to launch factoring...

efcom has signed a partnership agreement with Bulgaria's factoring fintech company Advanced Mobile Factoring Solutions - AMFS and Software Group to…

#Efcom#factoring platform#supply chain finance


AMFS launches digital factoring

As the global economy is entering a period of increasing interest rates and pushing for longer payment terms, Bulgarian fintech…

#digital factoring


Euler Hermes: Insolvencies in Bulgaria to rise 9% in...

The insolvencies of companies Bulgarian are expected to increase by... (more…)

#insolvencies


Bulgarian Development Bank to absorb its factoring subsidiary

State-owned Bulgarian Development Bank (BDB) is requesting the approval of the regulator to be able to absorb its fully-owned unit…

#Bulgarian Development Bank


Bulgaria’s UniCredit Bulbank to absorb unit UniCredit Factoring

Bulgarian lender UniCredit Bulbank said that it is planning to absorb its wholly-owned unit UniCredit Factoring. The merger is aimed at…

#Unicredit#Unicredit Factoring


Factoring company announces US1$m factoring facility to a Bulgarian...

...announced that it has provided a $1 million factoring facility to a textile manufacturer of women’s fashion...  (more…)

#cash-flow#liquidity#payment terms


Euler Hermes evaluates Bulgaria’s credit rating

Yesterday, the Bulgarian branch of the France-based credit insurance company Euler Hermes confirmed that it has put... (more…)

#economy#GDP#inflation

Belgium’s KBC Group new acquisitions

Belgian based KBC Group (KBC) and the National Bank of Greece (NBG), the Greek parent company of (more…)

#acquisition#bank#KBC

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