21.04.2020

THE BANKS WHICH WILL RELEASE UP TO 4500 BGN. INTEREST-FREE LOANS TO INDIVIDUALS

Twelve of the largest banks in the country want to participate in the Bulgarian Development Bank (BDB) program, which will allow them to lend up to BGN 4,500 in interest-free loans to individuals. The guarantee program is with the BDB and will partner with these banks to provide loans to people deprived of the opportunity to work due to the pandemic of COVID-19 (employees on unpaid leave and self-insured persons). This measure will be financed with BGN 200 million from the capital increase of the Bulgarian Development Bank. At the end of March, the government adopted a decision to increase the capital of BDB with a total of BGN 700 million. The 12 partner banks are: Alliance Bank Bulgaria, DSK Bank, Investbank, International Asset Bank, UBB, Municipal Bank, Fibank, Raiffeisen Bank, Commercial Bank D, UniCredit Bulbank, CCB, Eurobank Bulgaria.