02.07.2025 Ivaylo Moskovski elected member of the Board of the European Association of Public Banks

Ivaylo Moskovski, Executive Director of the Bulgarian Development Bank (BDB), has been elected to the Board of the European Association of Public Banks at a general meeting held in Barcelona, which brought together leaders from across the European public banking sector. This is Moskovski's first term on the organisation's board.

Public banks are key players in achieving sustainable economic growth by providing targeted financing that generates positive effects for the economy and society as a whole. They offer reliable financial solutions that can be used as a sound basis for the development of various sectors.

Time is of the essence, said EAPB CEO Lidwin Van Velden at the General Assembly in Barcelona. We need to act now by fostering cooperation to enable national and regional development banks to provide easier access to funds, and unlock bold solutions for sustainable and affordable housing for all, she added.

The European Association of Public Banks (EAPB) is one of the most established associations of credit institutions in Europe, bringing together over 90 financial institutions from 17 countries active in the public-private investment sector. With a total book value of around €3.4 trillion and a market share of 15%, its members occupy a significant position in the European financial sector.

The Bulgarian Development Bank has been a member of the European Association of Public Banks since 2005. The association was established in 2000 to represent the interests of public banks and development banks at European level.