Fitch highlights the increased role of the BDB as a key source of financing for small and medium-sized businesses
The international rating agency Fitch Ratings has confirmed the long-term credit rating of the Bulgarian Development Bank (BDB) at “BBB+” with a stable outlook, as well as its short-term rating of “F1.”
After having upgraded BDB’s rating to this level in July, Fitch now reconfirms it, citing the bank’s stable financial position.
The rating of BDB remains in line with that of the Republic of Bulgaria, which was upgraded following the country’s decision to join the Eurozone.
In its report, Fitch highlights the strengthened role of the Bulgarian Development Bank as a key source of financing for small and medium-sized enterprises, as well as its involvement in projects prioritised for the national economy, in accordance with BDB’s 2024–2026 strategy.
The agency also notes the bank’s stabilised profits over the past three years and its strong capital position.
Fitch expects the share of state-guaranteed financing provided by BDB in support of business to increase during 2025–2026, further enhancing its ability to foster sustainable economic development in Bulgaria.
'Lukoil' Set to Sell Its Foreign Assets to Gunvor, Burgas Refinery Is Part of the Deal
Cost of Living: 2,785 BGN Net Monthly Income Needed To Support a Family with One Child
Bulgaria and Rheinmetall Sign Agreement to Build Gunpowder and Ammunition Plant
Bulgaria Could Reach 70% of the EU’s Average Standard of Living Within Two Years
"Лукойл" продава чуждестранните си активи на "Гънвор", рафинерията в Бургас е част от офертата за сделката
В навечерието на годишнината от трагедията в Нови Сад: Студентски марш тръгна от Белград (СНИМКИ)
Революция в производството на ядрена енергия: България със световен пробив в науката
Чуй новините
Подкаст
