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.
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.
| Headquarter | Sofia, Bulgaria |
| Key people | Stoyan Mavrodiev (CEO) |
| Head office | 10, Stefan Karadja Str., 1000 Sofia |
| Phone | (+359 2) 9 306 333 |
| Fax | (+359 2) 9 306 321 |
| Official site | bbr.bg  |
| SWIFT Code | NASBBGSF |
| Founded | 1999 |
ID: 1936. Updated: 07.01.2023
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