Financial intermediary
Bulgarian Development Bank: New BGN 1.7 Billion for Small and Medium Business
The Bulgarian Development Bank has stated to the European Commission its desire to attract additional funds for the rehabilitation and development of small and medium-sized businesses. This will be done through the InvestEU program. The total resource that the bank will be able to have is up to BGN 1.7 billion.
BNR head Mugur Isarescu: We are not proposing to stimulate credit towards rational exuberance
The National Bank of Romania (BNR) does not simply aim to stimulate credit toward rational exuberance, a rapid credit growth that will end in the explosion of non-performing loans, BNR Governor Mugur Isarescu said on Wednesday at the seminar on "Target: Boosting financial intermediation".
3 international lenders back Istanbul metro extension
Three global lenders are providing loans to finance the construction of a new metro line in Istanbul.