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Bulgaria

Entrepreneurs push for better business environment

At the round table organized by the BCCI, entrepreneurs proposed setting up a factoring company as a subsidiary of the Bulgarian Bank for Development (more…)

Bulgaria's Development Bank to launch operations in mid 2009

Bulgaria s Development Bank is expected to launch operations in mid-2009, said energy minister Petar Dimitrov. (more…)


EBRD intensifies support for Bulgarian SMEs

The European Bank for Reconstruction and Development (EBRD) is providing a EUR25m credit line to Postbank for on-lending to Bulgarian…


FIBank gets Ђ10m loan to support SMEs

First Investment Bank (FIBank) has received a 10m five-year loan from German Investment Bank KfW. (more…)


Austria Bank to provide Credit Guarantee Funds in Bulgaria

The Austrian Bank Creditanstalt is providing 10m free service for the project Establishment of Fund for Credit Guarantee The Cabinet…


The global crunch has made factoring services more expensive

In an interview for Pari Daily, Filip Genov, executive manager of UniCredit Factoring, speaks on the recent developments, trends and…

#Unicredit#Unicredit Factoring


Experian opens international operations centre in Bulgaria

Experian, the global information services company, has announced that it has opened a new international operations centre in Sofia, Bulgaria.…


Emporiki Bank plans expansion

Emporiki Bank Bulgaria plans to double its network to 40 branches and four business centres targeting  SMEs, and to raise…

#bank#Credit Agricole#international


Bulgaria's economy grows more vulnerable, says Coface

French credit insurance agency Coface said Bulgaria's country risk has deteriorated over the last year. (more…)

#financial services#liquidity#payment behaviour


Agriculture the riskiest sector – Coface Bulgaria

Agriculture is the riskiest sector in Bulgaria, as 22.5% of all the bankruptcies in 2007 are in that sector. (more…)


EFG Eurobank concludes merger of units

Greek banking group EFG Eurobank Ergasias said on Tuesday it concluded the merger of its two Bulgarian units. (more…)


Microsoft eases SME access to EU Funding

Microsoft presented its European Union Grants Advisor programme in Varna aimed at informing SMEs of the opportunities to apply for EU…

Agriculture tops bankruptcy list

A recent survey of Kofas Bulgaria reveals that bankruptcy rates have been most buoyant in the agriculture and forestry sector…

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