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Bulgaria

SME industry expands

The role of the small- and medium-sized enterprises (SMEs) sector in the Bulgarian economy is growing, the chairman of the Agency for Small- and Medium-Sized Enterprises (ASME) Angel Despotov announced this week. Banks' interest to SMEs has increased and the...

#banks#economy#guarantees

Bulgaria's base interest rate falls

The base interest rate in Bulgaria has been reduced to 2.40 per cent – a decrease of 40 basis points,…

#bank#interest#interest rate


Roseximbank renamed to DZI Bank

Bulgaria's Roseximbank has adopted the name “DZI Bank,” and will introduce the new corporate logo of the Bulgarian Financial Group…


BFIA forecasts FDI to grow in 2004

The Bulgarian Foreign Investment Agency (BFIA) has forecast that foreign direct investments (FDI) volume will rise from US$1,600m to more…

#GDP#investment#investments


FDI inflow rises

Foreign direct investments (FDI) in Bulgaria in the first quarter of 2004 totalled Ђ294.1 million, an increase of 13% compared…

#GDP#investments


SME Act sets turnover limits below EC guidelines

Bulgaria has defined small enterprises as companies with annual turnover of up to BGN 5m (Ђ2.5m). Companies with annual turnover…


FDI in Bulgaria down by 60 per cent

Foreign direct investments (FDI) in Bulgaria have gone down by nearly 60.5 per cent over the first two months of…

#bank#investments#Two


EBRD releases Ђ40 million to SMEs

The European Bank for Reconstruction and Development (EBRD) will release Ђ40 million for Bulgarian commercial banks to extend loans to…


FDI inflow slows in January

The inflow of foreign direct investment (FDI) in Bulgaria for January 2004 totalled US$ 39.5 million (0.2 per cent of…

#GDP#investment


EBRD delegation to sign new agreements

A nine-member delegation of the European Bank for Reconstruction and Development (EBRD) Board of Directors are in Bulgaria to sign…

#bank#smes#Two


CEDB signs EUR 20 million agreement for SMEs financing

The Council of Europe Development Bank (CEDB) and Raiffeisenbank - Bulgaria signed Ђ20 million framework agreement for financing small- and…

#bank#Boost#interest rates


FDI to Bulgaria up 50%

Direct foreign investments (FDI) to Bulgaria jumped by 50.4 per cent reaching BGN 1360.7 million in 2003 as compared to…

#Bill#investments

World Bank launches Small Grants Programme

The World Bank Sofia Office has announced the start of its Small Grants Programme 2004 in Bulgaria. The Small Grants…

#bank#World Bank

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