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Funding opportunities from the Black Sea Trade and Development Bank




 
On 11 March 2011 in Bulgaria, a delegation of the Black Sea Trade and Development Bank presented its Medium-term strategy and Business plan 2011 – 2014 as well as the Banks’ new strategy for the country.
The Bank’s funding opportunities for the Bulgarian business include granting loans between 40 and 50 million Euro average annually, which can be provided over the next three years by credit lines. 
Since its establishment 11 years ago, the Black Sea Trade and Development Bank has financed 23 projects in Bulgaria for the total sum of 211 million Euro, which is about 10% of the Bank’s total credit portfolio. 
The Strategy for Bulgaria 2011 – 2014 includes the following priority sectors: energy production and especially energy efficiency improvement projects; road infrastructure; waste management; development of SMEs. 
More information about the Bank’s activities and the opportunities it provides is available at http://www.bstdb.org , and the Medium-term strategy and Business plan 2011 – 2014  is available http://www.bstdb.org/Medium-term_Strategy_and_Business_Plan_2011-2014.pdf

11.03.2011

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