EIB signs 30M euro deal with Raiffeisen Leasing Bulgaria on financing for SMEs

Written by on February 22, 2018 in Business - Comments Off on EIB signs 30M euro deal with Raiffeisen Leasing Bulgaria on financing for SMEs

The European Investment Bank (EIB) has signed an intermediated loan agreement of 30 million euro with Raiffeisen Leasing Bulgaria to finance projects of small and medium-sized enterprises and mid-cap companies, the EIB said on February 22 2018.

“The loan will allow Raiffeisen Leasing Bulgaria to better address the needs of SMEs and mid-caps, which are the backbone of the Bulgarian economy,” the EIB said.

The partners expect that the loan will benefit more than 150 companies operating in Bulgaria in agriculture, manufacturing, transportation and storage.

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