More EBRD Backing for Bulgarian SMEs


will release EUR5 million (USD6.4 million) more to shore up the development of local micro, small and medium-sized enterprises in Bulgaria. The supplementary funding will enable Аllianz Bank Bulgaria to provide mid-term financing of as much as EUR125,000 for each SME, mainly for investment purposes. EBRD's lending for SME development in Bulgaria now stands at EUR192.6 million.

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