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)

Five Banks to Offer Preferential Loans to Bulgarian SMEs under JEREMIE Initiative
FIVE BANKS TO OFFER PREFERENTIAL LOANS TO BULGARIAN SMES UNDER JEREMIE INITIATIVE
Date: 14/07/2011
Source: novinite.com
Five Banks to Offer Preferential Loans to Bulgarian SMEs under JEREMIE Initiative

Five banks will offer loans on preferential terms to Bulgaria's business sector under the JEREMIE initiative.

On July 14, Bulgarian Minister of Economy, Energy and Tourism Traicho Traikov signed guarantee agreements with EIBank, ProCredit Bank, Raiffeisenbank, United Bulgarian Bank and UniCredit Bulbank under the JEREMIE (Joint European Resources for Micro to Medium Enterprises) initiative, allowing them to provide up to EUR 80 M in EU structural funds to Bulgarian small and medium-size enterprises.

JEREMIE is an initiative of the European Commission (Operational Program "Sustainable Development and Competitiveness" ) together with the European Investment Bank (EIB) and the European Investment Fund (EIF) aimed at promoting increased access to finance for the development of micro, small and medium-sized enterprises in the regions of the EU.

The initiative provides risk capital and enables economic growth and competitiveness.

The implementation of the JEREMIE Initiative in Bulgaria is managed by the European Investment Fund (EIF) within the framework of the Operational programme "Development of the Competitiveness of the Bulgarian Economy" 2007-2013.

The EU JEREMIE initiative was officially launched in Bulgaria in June 2010, the first step being the registration of a Holding Fund with a capital of EUR 199 M.

The holding was set up to manage the resources of the JEREMIE initiative on behalf of the Bulgarian government.


Topic: Financial



Featured District
BLAGOEVGRAD DISTRICT AND CITY INFORMATIONBlagoevgrad
Invest Bulgaria Charts
Foreign Liabilities of Bulgaria
Foreign Liabilities of Bulgaria

Final Consumption of Bulgaria
Final Consumption of Bulgaria

See all charts
Did You Know?
Bansko
Bansko
The Bulgarian winter resort of Bansko has become on of the hottest skiing destination in Europe ... More

Bulgaria has a culture and tradition dating back for 1300 years. Bulgarians are proud of their heritage and feel that it rightfully deserves its place in the diversity of European cultures. Bulgaria has rich and unique folklore - distinctive music and dances, rituals and tales.

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

Bulgaria Translation - Full service Bulgarian Translation company

© Copyright 2004-2021 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.


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

Crafted by Sofia Web Works. Maintained by Website Maintenance, the kings of Website Migration.


Our Featured Members