Bulgarian Development Bank
Georgi Zafirov has extensive experience in the banking sector, currently serving in a role focused on strategic development and green policies at Bulgarian Development Bank since August 2022. Prior experience includes positions such as Director of Business Development at International Asset Bank, Head of Product Development and Analysis for SME at First Investment Bank, and various roles at United Bulgarian Bank, including Product Business Development Manager and International Lending Programmes Senior Bank Official. Georgi Zafirov holds a Master's degree in International Project Management and a Bachelor's degree in International Business/Trade/Commerce from the University of National and World Economy.
This person is not in any teams
Bulgarian Development Bank
Bulgarian Development Bank (BDB) is a credit institution 100%-owned by the Bulgarian state. It was established in 1999 as the Encouragement Bank with main focus to support small and medium-sized enterprises. BDB is among the top four Bulgarian banks in terms of credit rating, rated "BBB" with a positive outlook by Fitch Ratings. Implements special mandates of the Bulgarian government: anti-crisis measures to overcome the negative consequences of COVID-19; the National Energy Efficiency Program, etc. For over 20 years, there has been a unique experience for the Bulgarian banking system in offering medium-term and long-term financing and risk sharing through guarantee schemes. Implements investments in key sectors of the economy: energy efficiency, infrastructure, agriculture, urban development, exports. It is the only Bulgarian bank to provide direct financing as well as financing via other credit institutions. BDB is the best-positioned local bank to raise funds from international partners. Its subsidiaries are the National Guarantee Fund, which issues guarantees for bank loans to the non-financial sector; BDB Microfinancing, which provide financing to SMEs and start-ups; the Capital Investments Fund as well as the BDB Leasing and BDB Factoring. Focus of Our Efforts Start-ups and innovations Exporters of finished goods Manufacturing industry Extractive industries Agriculture and Tourism