Bulgarian Development Bank
Iliana Andronova, PhD, currently serves as the Deputy Head of Strategy & Green Policies at the Bulgarian Development Bank, where responsibilities include overseeing sustainable finance and products within the Strategy Department. Prior to this role, Iliana held positions as a Senior Expert in both the Strategy and Corporate Banking divisions. Experience at DSK Bank as an Expert in Credit Risk focused on corporate credit risk for SMEs, and earlier at Alpha Bank, Iliana worked as a Junior Credit Analyst specializing in corporate credit risk. Educational qualifications include a PhD in Banking, Credit and Finance, a Master's degree in Financial Management, and two Bachelor's degrees in International Economic Relations and Finance, all obtained from the University of National and World Economy.
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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