Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

Meeting of Economy Minister with large borrowers of loans from BDB fails

Economy Minister Kiril Petkov
Photo: BGNES

The meeting scheduled for today between the Minister of Economy Kiril Petkov and the eight largest borrowers of loans from the Bulgarian Development Bank (BDB) did not take place after none of the companies invited by Petkov appeared. The minister said six of them had sent written replies stating that they were repaying their loans regularly. No answers were received from the companies Blagoevgrad BT and Transpect AD.
Yesterday, Petkov's meeting with the bank's Supervisory Board failed after only Chairman Stamen Yanev appeared.
Petkov announced that there were signals from small and medium enterprises for refusals of loans to them from BDB, although the main focus of the bank's activities is the support for small and medium-sized enterprises.
The Minister announced that as of today the Bulgarian Development Bank will no longer grant loans greater than BGN 5 million /EUR 2.5 million/.



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Bulgaria expresses support for Lithuania following Russian incursion

"Bulgaria expresses strong solidarity with Lithuania following Russia's repeated violations of European airspace, a clear example of deliberate breaches of international law and the territorial integrity of our allies and partners," the Bulgarian..

published on 10/24/25 5:32 PM
Sofia University

Over 63% of Ukrainian students in Bulgaria are ethnic Bulgarians

In the 2024/2025 academic year, 2,104 students from Ukraine were studying at Bulgarian universities , according to the Ministry of Education. Of these, 1,750 were pursuing bachelor’s degrees, 304 were in master’s programmes, and 50 were enrolled in..

published on 10/24/25 5:22 PM
Dan Jørgensen

EU Energy Commissioner Dan Jørgensen to visit Bulgaria

European Commissioner for Energy Dan Jørgensen will visit Bulgaria on 28 October, just days after US President Donald Trump imposed sanctions on Russian oil giants Lukoil and Rosneft over Russia’s ongoing aggression in Ukraine, BNR correspondent..

published on 10/24/25 5:08 PM