Summary

Bulgarian Development Bank (BDB) is a credit institution 100%-owned by the Bulgarian state. It was established in 1999 as the Encouragement Bank with main focus to support small and medium-sized enterprises. BDB is among the top four Bulgarian banks in terms of credit rating, rated "BBB" with a positive outlook by Fitch Ratings. It is the only Bulgarian bank to provide direct financing as well as financing via other credit institutions.

Our mission

We provide financing and professional consulting to support the industrial growth of the Bulgarian economy

Our focus

We invest in key sectors of the economy: energy efficiency, infrastructure, agriculture, urban development, exports

Our group

We are a full-fledged banking group offering a full range of financial services and support the business at every stage of development

Bulgarian Development Bank (BDB) implements special mandates of the Bulgarian government: anti-crisis measures to overcome the negative consequences of COVID-19; the National Energy Efficiency Program, etc.

For over 20 years, there has been a unique experience for the Bulgarian banking system in offering medium-term and long-term financing and risk sharing through guarantee schemes.

Implements investments in key sectors of the economy: energy efficiency, infrastructure, agriculture, urban development, exports.

It is the only Bulgarian bank to provide direct financing as well as financing via other credit institutions. BDB is the best-positioned local bank to raise funds from international partners.

Its subsidiaries are the National Guarantee Fund, which issues guarantees for bank loans to the non-financial sector; BDB Microfinancing, which provide financing to SMEs and start-ups; the Capital Investments Fund as well as the BDB Leasing.

Focus of Our Efforts