EIB Mulls 150 Mln Euro Credit Line to Bulgarian Development Bank

EIB Mulls 150 Mln Euro Credit Line to Bulgarian Development Bank

The European Investment Bank (EIB) said it plans to provide a 150 million euro ($205.6 million) credit line to Bulgarian Development Bank (BDB) to finance small and medium-sized enterprises (SMEs) and mid-caps.

The credit line is currently under appraisal and has to be approved by the bank’s board of directors, EIB said in a notice on its website.

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