Bulgarian Development Bank AD (formerly Encouragement Bank AD) provides project finance for export oriented small and medium enterprises in Bulgaria. BDB is a financial institution 99.9%-owned by the Bulgarian state. BDB is the best-positioned local bank to raise funds from international partners. Its subsidiary, the National Guarantee Fund, issues guarantees for bank loans to the non-financial sector. Total assets: BGN 1783 million (as of December 31, 2013).
|Key people||Dimo Spassov (Chairman of the Management Board and CEO)|
|Head office||10, Stefan Karadja Str., 1000 Sofia|
|Phone||(+359 2) 9 306 333|
|Fax||(+359 2) 9 306 321|
ID: 1936. Updated: 09.11.2014
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