Bosnia's building permits up 5.8% y/y in Jan
Bosnia's Federation building permits down 2.7% y/y in Jan
Agri goods' producer prices in Croatia down 3% y/y in 2023
Romanian stock indices start week in the green, Purcari Wines shines
Sofia share indices close mixed, Fibank paces blue-chip decliners
Dec 19, 2022 17:14 EEST
December 19 (SeeNews) - State-owned Bulgarian Development Bank's (BDB) has launched a new lprogramme to provide lending of 10 million levs ($5.4 million/5.1 million euro) to bolster the liquidity and support investment plans of local agricultural producers.
Eligible businesses are required to be of viable economic potential, to have at least one completed financial year and to have positive equity at the time of signing the loan contract, BDB said.
You can download the 2023 Agriculture industry in Southeast Europe report here
The maximum amount of individual working credit or lines of credit is up to 40% of the company's sales revenue reported for the most recent financial year, while investment loans will finance up to 90% of the investment amount.
The loans will be made available to groups or associations of agricultural producers.
The new programme is in line with BDB's strategic goal to improve access to financing for small and medium-sized businesses in the agricultural sector as well as to support their export activities.
(1 euro = 1.95583 levs)
You have run out of free articles this month.
Sign up in for
and get ten (10) free articles per month or sign up for
and get unlimited access.
Browse our free newsletter options