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. The loan will be used to finance investment projects and provide working capital as related to the investment projects, as well as for funding projects based on export transactions between end beneficiaries and companies from the IIB member-states: Bulgaria, Vietnam, Cuba, Mongolia, Russia, Slovakia and the Czech Republic.

In 2015 -2016 BDB and IIB syndicated loans to Bulgarian companies in the amount of EUR 23,8 million.

http://www.iibbank.com

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