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INVESTEU & BULGARIA: The Bulgarian Development Bank and UniCredit Bulbank signed an agreement under the InvestEU Programme

By

[email protected] (Ramona OCAK)

3mo ago

Source

ema.europa.euINVESTEU & BULGARIA: The Bulgarian Development Bank and UniCredit Bulbank signed an agreement under the InvestEU Programmestandartnews.com
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The Bulgarian Development Bank and UniCredit Bulbank have signed a new guarantee agreement under the InvestEU Programme to expand access to financing for businesses in Bulgaria. The agreement will enable up to €100 million in loans to small and medium-sized enterprises, as well as mid-caps. It aims to strengthen competitiveness, support growth and job creation, and accelerate investment in innovation, digitalisation and sustainable business models. Through the InvestEU guarantee, which covers 50% of each loan, financing can be offered under more favourable conditions, including preferential pricing and reduced collateral requirements.

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