The CEBs funds will be applied to the partial financing of productive-investment projects in favour of Bulgarian SMEs, thereby reinforcing their operating position and ability to maintain and create jobs.
Raiffaisenbank (Bulgaria) EAD won the "Made in Bulgaria" association's "Zlatna Martenitsa" award for financial institution of 2003.
Raiffeisenbank (Bulgaria) EAD registered an 18 % rise in the operating profit for the first month of 2004, compared to the same period last year.
According to the bank’s preliminary figures for the year ending Dec. 2003, the Bank’s balance sheet total reached BGN 847 Mio.
This press conference started a series of media events planned by the Ministry and Raiffeisenbank (Bulgaria) was the first bank invited due to its active financing of the real sector.
The bank will exted investment credits, as well as credits funding construction and repair works and purchase of furniture, equipment, sanitary materials and medicines.