Brussels, 05/01/2009 (Agence Europe) - The European Investment Bank (EIB) is to lend €25 million in CIBANK Bulgaria (part of the KBC Group) to finance the projects of small and medium-sized enterprises (SMEs) and municipalities in Bulgaria.
This new loan provided by the EIB is the first operation with CIBANK and represents further extension of the EIB's network of partner banks in Bulgaria. It is also part of an expansion of the EIB's support for SMEs at EU level in response to the...