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Bulgarian Development Bank to work only with small and medium-sized enterprises

Photo: BGNES

Bulgarian Development Bank has a new supervisory board, announced this country’s caretaker Minister of Economy Kiril Petkov. As of today, the bank will work only for small and medium-sized enterprises which apply for loans amounting to under EUR 2.5 million. According to the new supervisory board of the Bulgarian Development Bank, the monthly remuneration of the previous management reached EUR 30,678.

In Minister Petkov’s words, more than 3,600 enterprises, which applied for funding, are to receive financial support from the Bulgarian Development Bank in the coming weeks, informs the reporter of the Bulgarian National Radio Tsvetelina Stoyanova.




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