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

Two of BDB's top companies received better interest rates on loans

Caretaker economy minister Kiril Petkov
Photo: Ani Petrova, BNR

Two of the 8 companies financed with nearly BGN 1 billion by the state-owned Bulgarian Development Bank have obtained much better interest rates compared to their previous loans, the Minister of Economy Kiril Petkov told BNR. 

The difference in interest rates is about 5% - Technomarket has received a loan with an interest rate of 2% at a previous interest rate of 7%, while the ratio at Transpect is 4% to 9%. 
The Minister clarified that the interest rate proposals were made by the Management Board of the bank. 
"When BGN 1 billion of taxpayers' money is spent, it's not wrong to worry about why this was done," he said. 
Kiril Petkov pointed out two more "worrying places" with a priority focus on work - the State Consolidation Company and the Bulgarian Insurance Agency.



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

Warm autumn weather in the forecast

On Wednesday minimum temperatures will range between 3° C. and 8° C., for Sofia around 4° C. Visibility will be diminished in the morning in the valleys and lowlands. During the day the weather will be predominantly sunny with a temporary increase..

published on 10/21/25 6:45 PM

Myara agency: Crimes and incidents continue to be a major source of tension

Social tensions from 1 July until 30 September this year are estimated at an index of 6.09, meaning “risks that are difficult to control”, on a scale of 1 to 210, indicates a survey by the sociological agency Myara, the Bulgarian news agency BTA..

published on 10/21/25 4:09 PM
Parliament building

The ruling coalition discuss the future of the cabinet behind closed doors

A meeting of the coalition partners took place early this morning, during a sitting of the National Assembly, to discuss the possible reformatting of the government. Such a change was first made mention of by GERB leader Boyko Borissov after his party..

updated on 10/21/25 3:12 PM