CEOs of Banks and Finance Corporations spoke on Wednesday at a Sofia summit "Green Transition Forum 4.0: Redefining the CEE Region Global Perspective". The summit examined the labor market, emerging professions, innovation, and ethical considerations of artificial intelligence. This year's edition also highlights the Green Deal transformations, encompassing digital and demographic changes.
The Board Member and CEO of the Bulgarian Development Bank (BDB) Tsanko Arabadzhiev emphasized BDB's commitment to supporting the country's SMEs by offering funding with minimized collateral requirements, a significant challenge in SME financing. He observed that the BDB, having completed an audit, is now certified to manage European funds in the capacity of a partner.
"In two weeks, we will sign an agreement with the European Commission on the InvestEU programme, and over the coming years, more than BGN 2.5 billion will be allocated to Bulgarian businesses with guarantees from the Bulgarian Development Bank," he said.
Board Member and CEO of ProCredit Bank Kameliya Mineva presented the bank's sustainable SME policies. She mentioned that mobilizing funds is not a challenge, citing that in the past 12 months alone, they have signed agreements with the European Investment Fund and the European Investment Bank for over BGN 2 billion.
Country Manager of VISA for Bulgaria Krassimira Raycheva noted the corporate initiatives to encourage sustainable consumer behaviour. "Visa is a pioneer and catalyst for change towards a cleaner, more sustainable future, encouraging sustainable end-user behavior," Raycheva said.
/RY/
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