Bulgaria

Cumulatively, the Bank’s Board of Directors has approved 23 operations for a total of EUR 211 million, representing 9.7% of the total approved amount. At end 2010 the Bank’s portfolio of operations in Bulgaria amounts to EUR 91 million in 9 Board approved operations, representing 8% of the active portfolio. The outstanding amount is EUR 53 million in 9 operations, representing 8% 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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