Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

EBRD lends EUR 300 million to Bulgaria’s Deposit Insurance Fund

Photo: library

The European Bank for Reconstruction and Development will provide a state-guaranteed loan to Bulgaria to the tune of EUR 300 million. The money will fill the reserve of the Bulgarian Deposit Insurance Fund. The loan is for a term of nine years. The EBRD provides a grace period of six years under that loan. Thus, the Bulgarian Deposit Insurance Fund will receive a greater financial independence and long-term sustainability. On March 18 the World Bank approved a loan worth EUR 300 million. It became clear that the money will be used for the improvement of the financial and the institutional capacity of the fund. This is the first project financed by the World Bank in Bulgaria since 2009. The loan is for a term of 10.5 years and the grace period is six years.




Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Employees of "Terem-Khan Krum" in Targovishte go on protest

Employees of the military plant "Terem-Khan Krum" in Targovishte have once again protested, demanding to receive their salaries for January and February. They also want to find out what is the strategy for the development of the plant, as there is..

published on 3/27/25 5:20 PM
Simeon Dyankov

Former Finance Minister Simeon Dyankov heads fiscal council

With 118 votes "in favor", the Bulgarian National Assembly elected GERB-SDS nominee Simeon Dyankov as Chairman of the Fiscal Council. The following members of the council were elected: Desislava Kalcheva - GERB-SDS, Atanas Atanasov - ITN, Bogomil Manov..

published on 3/27/25 2:56 PM

President Radev: The government should take clear position on the death of Bulgarian citizen Marin Marinov in Gaza

Bulgarian President Rumen Radev called on the Bulgarian government to take a clear and proactive position on the case of the Bulgarian UN employee Marin Marinov who died in the Gaza Strip.  "Our society expects it to show that it is concerned..

published on 3/27/25 2:19 PM