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The EBRD is lending BGN19.6m to Societe Generale Expressbank for on-lending to SMEs (more…)
The bank has serious intentions of developing leasing and factoring schemes in Bulgaria and plans to (more…)
#bank#banks#insurance
The Bulgarian government has been advised by Parliament to acquire the services of a foreign factoring agency to recover debts…
#funding#management
Bulgaria will reduce the Value Added Tax (VAT) rate from the current 20% to 18% from 2007 under the new…
The European Bank for Reconstruction and Development (EBRD) will extend a Ђ10m euro credit line for funding small- and medium-sized…
The base interest rate (BIR) valid as from February 1 to February 28, 2005, has been set at 1.89 per…
#Allianz#bank#banks
Within the next two years, Bulgarian banks will have to design internal guidelines for the assessment of the credit risk…
Bulgarian commercial bank Unionbank said it had signed a Ђ5.0m (US$6.6m) credit line agreement with the Black Sea Trade &…
Raiffeisenbank Bulgaria received a Ђ10m credit line to finance the small- and medium-sized enterprises (SMEs). The funds are provided by…
#bank#investment#smes
Post bank said its target was to acquire 10% market share, bank's chief executive officer, Anthony Hassiotis, said. At present,…
Bulbank extended loans totalling over for above BGN 10m to small companies during the first month of the promotional programme…
Foreign direct investments in Bulgaria for the first seven months soared to Ђ1.34bn, up from Ђ795.6m year-on-year, the Bulgarian National…
The role of the small- and medium-sized enterprises (SMEs) sector in the Bulgarian economy is growing, the chairman of the…
#banks#economy#guarantees