What does BDB mean in BANKING
The Bulgarian Development Bank (BDB) is a development financial institution established in 2012 to support economic growth and employment in the Republic of Bulgaria. The BDB's mission is to promote sustainable investments in Bulgaria and help businesses and entrepreneurs access finance necessary for their growth.
BDB meaning in Banking in Business
BDB mostly used in an acronym Banking in Category Business that means Bulgarian Development Bank
Shorthand: BDB,
Full Form: Bulgarian Development Bank
For more information of "Bulgarian Development Bank", see the section below.
Essential Questions and Answers on Bulgarian Development Bank in "BUSINESS»BANKING"
What services does the Bulgarian Development Bank provide?
The main services provided by the Bulgarian Development Bank include providing long-term financing, conducting advisory activities, and offering guarantees. BDB also provides grant programs and offers project-related technical assistance.
Who can benefit from the services of the Bulgarian Development Bank?
BDB's services are available to public sector bodies, local authorities, small and medium sized companies, non-governmental organizations and universities. These organizations may apply for funding or guarantee options provided by BDB.
What types of projects are eligible for financing by the Bulgarian Development Bank?
Eligibility requirements vary depending on the type of project but commonly include energy efficiency projects, technological modernization projects, educational projects and tourism related initiatives.
How can I apply for financing from the Bulgarian Development Bank?
Companies interested in applying for a loan or guarantee must first contact their nearest BDB branch office to request an application form. Once you have filled out this form you must submit it via email to [email protected].
Does the Bulgarian Development Bank offer any grants?
Yes, BDB has several grant programs that are aimed at supporting SMEs with innovative ideas or products that require extra funding in order to move forward with its development.
Final Words:
Through its dedication to supporting economic development in Bulgaria, the Bulgarian Development Bank has become an invaluable partner for many businesses seeking financial assistance or guarantees. With its wide range of services ranging from grants to loans and project-related technical assistance, there is sure to be a suitable solution available no matter what type of organization is seeking support.
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