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

The EP Liberals are set to investigate the arrest of the mayor of Varna

The Renew Europe political group in the European Parliament has established a working group to examine instances in which the Bulgarian government may have acted against the rule of law. The move comes in response to what the group describes as..

published on 10/22/25 1:37 PM

Employment in Bulgaria is among the highest in the EU, but over 1 million people are unemployed

As of December 31, 2024, there were 3,765,000 people of working age, or 58.5% of the country's population. Men are 1,970,000, and women - 1,795,000. This was announced by the Deputy Chair of the National Statistical Institute (NSI)..

published on 10/22/25 10:46 AM

President Radev thanks South Africa for lifting short-term visas for Bulgarians

President Rumen Radev has sent a letter to President Cyril Ramaphosa expressing his gratitude for the decision of the Republic of South Africa to lift visa requirements for short-term stays for Bulgarian citizens. Radev..

published on 10/22/25 10:23 AM