23.03.2023 BDB participates in Bulgarian-Turkish Business Forum

"The Bulgarian Development Bank follows the strategic objectives of Bulgaria and the National SME Strategy 2021-2027, focusing on green business models and technological modernization of businesses, digitalization and innovation." This was said by Iliya Karanikolov, Executive Director and Chairman of the Board of the Bulgarian Development Bank, during the Bulgarian-Turkish Business Forum held in Burgas.

 The event at the International Congress Centre was opened by the Minister of Innovation and Growth Alexander Pulev. It was attended by representatives of over 250 Turkish and 95 Bulgarian companies, which held B2B meetings within the forum.

Iliya Karanikolov presented the Bank's SME financial support instruments, special mandates and the opportunities to access resources for companies with a higher risk profile. He also highlighted the valuable role of the state-owned bank requiring less collateral and participation from its clients.

The Bulgarian-Turkish Business Forum was organized by the Executive Agency for the Promotion of Small and Medium-sized Enterprises of the Ministry of Regional Development in partnership with the Bulgarian-Turkish Chamber of Commerce and Industry.