International Partners

International Partners

Industrial and Commercial Bank of China

Industrial and Commercial Bank of China

In November 2015 Bulgarian Development Bank and Industrial and Commercial Bank of China signed a Memorandum of Understanding during the fFourth meeting of the Heads of Government of China and the countries of Central and Eastern Europe, which was held in the Chinese city of Suzhou.

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Japanese Bank for International Cooperation (JBIC)

Japanese Bank for International Cooperation (JBIC)

In 2006 BDB received a EUR 10 million credit line from Japanese Bank for International Cooperation with the cooperation of Mizuho Bank. The funds were used to finance projects of small and medium-sized enterprises to the purchase of Japanese investment equipment.

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SMBC Bank International plc

SMBC Bank International plc

In May 2010 BDB and SMBC Bank International plc signed a bilateral commercial financial facility for refinancing of letters of credit, issued by BDB.

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International Investment Bank

International Investment Bank

BDB received EUR 20 million from the International Investment Bank for financing small and medium enterprises in Bulgaria. The funds are provided for a period of 7 years and may be used for both direct financing of beneficiaries and for funding business support programmes implemented by the commercial banks.

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CitiBank

CitiBank

In 2010 BDB and CitiBank signed the first Facility Agreement between the two institutions. The loan was for the amount of EUR 12 million. The funds were used to finance the purchase of receivables with regard to the mechanism for settling restructured payments under the republican budget from government budget spending institutions.

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Hungarian EXIM Bank

Hungarian EXIM Bank

In 2012 BDB negotiated a credit line of EUR 10 million with the Hungarian Exim Bank.

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