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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.