The National Statistical Institute (NSI) has signed an agreement with the Bulgarian Development Bank (BDB) on cooperation in conducting studies and processing data related to bank financing of small and medium-sized enterprises in the country.
NSI will assist in analyzing the search for financing opportunities for a ‘green’ transition and introducing ESG strategies (ecology, social development and corporate governance) in enterprises.
The cooperation also foresees joint public events, training, and competitions focused on investment activity with a social, ‘green’ and economic component.
NSI will provide the BDB with information from its statistical studies included in the National Statistical Program, and may support the conduct of research and analyzes of the BDB.
The joint work will improve the structuring of new guarantee and credit products aimed at different market niches, which will allow the bank to assist targeted companies in need, as well to mobilize resources in areas like sustainable business models, strengthening exports and the competitiveness of small and medium-sized enterprises and other.
