Invest in Bulgaria - The Preferred Partner of Investors Seeking Opportunities in Bulgaria
Follow:
GUGUSHEV & PARTNERS is among the leaders on the Bulgarian legal market Comprehensive Organization of MBA and EMBA Study Trips in Bulgaria
NEWS BY TOPIC
FDI in Bulgaria (13)
Health (4)
Macroeconomic Data (49)
Business (361)
Investments (155)
Infrastructure (97)
Financial (126)
Economy (350)
Construction (14)
Politics (62)
Real Estate (27)
Interesting Facts (24)
Sports (10)
NEWS BY SECTOR
Software and Information Technology (28)
Real Estate (56)
Tourism (112)
Waste Management (9)
Automotive (23)
Electronics (3)
General (81)
Renewable Energy (66)
Agriculture (22)
Construction (90)
Food and Beverage (20)
Textile (2)

BDB Strikes Agreement with Korean Export-Import Bank
BDB STRIKES AGREEMENT WITH KOREAN EXPORT-IMPORT BANK
Date: 17/12/2010
Source: novinite.com
BDB Strikes Agreement with Korean Export-Import Bank

The Bulgarian Development Bank (BDB) and the Export-Import Bank of Korea (Korea Exim Bank) has signed a permanent cooperation agreement.

The aim of the agreement is to encourage and promote investment and trade between Bulgaria and the Republic of Korea.

The document was signed by the CEOs of BDB, Dimitar Dimitrov and Sasho Chakalski, and the President and Chairman of the Korea Exim Bank, Dongsoo Kim.

The two banks have agreed to finance projects to together and to work to boost the bilateral economic ties.

In 2009, the Bulgaria-South Korea trade amounted to USD 98.4 M, of which Bulgaria's export to Korea was BGN 30.6 M, and its import was USD 67.8 M.

The Korea Exim Bank is South Korea's official crediting agency, which supports export deals with a big potential for growth. According to the BDB statement, one of the main goals of the Korea Exim Bank is to support Korean enterprises and business operations in Europe, as well as to back organizations whose operations are connected with Korean companies.

The Bulgarian Development Bank is a state financial institution whose majority owner is the Finance Ministry.

In addition to the agreement that it signed with Korea's Export-Import Bank, in 2010 so far the BDB signed similar agreements with the Macedonian Development Bank, the Turkish Industrial Development Bank, and the Croatian Bank for Reconstruction and Development.

The BDB has attracted over BGN 500 M in credit lines from foreign financial institutions without state guarantees.



Topic: Business



Featured District
DOBRICH DISTRICT AND CITY INFORMATIONDobrich
Invest Bulgaria Charts
Current and Capital Account of Bulgaria
Current and Capital Account of Bulgaria

Imports of Goods and Services in Bulgaria
Imports of Goods and Services in Bulgaria

See all charts
Did You Know?
Bulgarian Name Days
Bulgarian Name Days
In Bulgaria, Name Days are celebrated in addition to birthdays. A Name Day is celebrated by people ... More

Haskovo municipality is located in the central part of Southern Bulgaria and occupies the most western part of Haskovo county. It is located on a territory of 737 square meters, which is 13% of the territory of Haskovo county.  Its geographic location is extremely favorable and important.

Intelligence Pathways - Outsource your Business, Competitive Intelligence or Back Office to Bulgaria

Bulgaria Translation - Full service Bulgarian Translation company

© Copyright 2004-2019 Invest Bulgaria Group Ltd, Sofia, Bulgaria. All rights reserved.

 
Please read Conditions of Use, Copyright Statement and Privacy Policy for this web page and web site.


Bulgaria Translation Bulgarian Agriculture Bulgarian Textile BestFlowers.bg Sofia Web Works Bulgarian Coins Intelligence Pathways Bulgarian Outsourcing

Crafted by Sofia Web Works, creators of Uudet Nettikasinot 2019, 最新カジノ and Svenska Casinon. Maintained by Website Maintenance, the kings of Website Migration.


Our Featured Members