NEWS FROM BCCI

New opportunities for financing Bulgarian enterprises and municipalities trading with Hungary


H. Exc. Mr. Andras Klein, Extraordinary and Plenipotentiary Ambassador of Hungary in Bulgaria, and Tibor Nemet, commercial representative to the Embassy of Hungary, met the President of the Bulgarian Chamber of Commerce and Industry, Tsvetan Simeonov.

The purpose of the meeting was to discuss the new opportunities for financing Bulgarian companies who import goods from Hungary. H. Exc. Mr. Andras Klein presented the Agreement between the Hungarian Exim Bank and the Bulgarian Development Bank regarding the grant of the EUR 10 mln. credit line on importing goods from Hungary. He defined the agreement as a very good opportunity for the Bulgarian enterprises and municipalities who trade with Hungary.

It was agreed that at the beginning of October a free special edition will be published in favour of the Bulgarian companies. It will provide them with official information by Exim Bank and the Bulgarian Development Bank regarding the advantageous conditions of financing.

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