Business

Lifestyle

Politics

Society

Sports

Home » Business

FIB offers investment through the KfW credit line

Submitted on Thursday, 2 April 2009No Comment

Using credits from the German investment bank KfW, the Bulgarian First investment bank (FIB) will provide fresh finances to the Bulgarian business.

The German bank, which co-operates with the Bank for development in the Council of Europe, gave credits to the Bulgarian First investment bank after much research and deliberation.

Small and average businesses in Bulgaria can now receive up to 250 000 euro in long-term investment credits that will finance their investment projects for the purchase and/or renovation of trading grounds, repair of machines and transportation vehicles and the construction or renovation of storage houses.

These credits can also be used by people seeking to purchase fertile Bulgarian land, agriculture technics and inventory.

Comments are closed.

More news from Business

» Large discounts for Bulgarian property
» Bulgaria real estate property increasingly attractive for Russians
» Russian pressure for the nuclear power plant Belene
» ORS aren't changing their plans for Bulgaria
» 700 jobs opened for the construction of Mall Pleven