Bulgaria

Cumulatively, the Bank’s Board of Directors has approved 28 operations for a total of EUR 257 million, representing 9.9% of the total approved amount. At end 2011 the Bank’s portfolio of operations in Bulgaria amounts to EUR 134 million in 13 Board approved operations, representing 9.8% of the active portfolio. The outstanding amount is EUR 68 million in 13 operations, representing 9% of the total outstanding amount.

 

Based on the 2011- 2014 Business Plan, the Bank would expect to approve on average new operations in Bulgaria for approximately EUR 47.3 million per year or approximately EUR 166.5 million to EUR 212 million over the four year period.

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