Bulgarian Development Bank

bulgarian development bank (bdb) is a credit institution 100%-owned by the bulgarian state. it was established in 1999 as the encouragement bank with main focus to support small and medium-sized enterprises. bdb is among the top four bulgarian banks in terms of credit rating, rated "bbb" with a positive outlook by fitch ratings. implements special mandates of the bulgarian government: anti-crisis measures to overcome the negative consequences of covid-19; the national energy efficiency program, etc. for over 20 years, there has been a unique experience for the bulgarian banking system in offering medium-term and long-term financing and risk sharing through guarantee schemes. implements investments in key sectors of the economy: energy efficiency, infrastructure, agriculture, urban development, exports. it is the only bulgarian bank to provide direct financing as well as financing via other credit institutions. bdb is the best-positioned local bank to raise funds from international