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Background

Development of insurance business in the markets of the member states

  • State
    Bulgaria
  • Client
    Eurohold
  • Implementation date
    2020
  • Volume
    EUR 20 mln
  • Field of activity
    Other
  • International Bank for Economic Co-operation has signed a loan agreement with the largest Bulgarian private holding company Eurohold, whose interests are concentrated in insurance, leasing, and financial services. A credit line with a total limit of 20 million euros is provided for a period of up to 2 years for the development of insurance business in the member countries of the Bank. The tranches of 15 million euros have already been disbursed. It aims to expand Eurohold's existing insurance business in Poland, Bulgaria and Romania.

Project news

IBEC supports the development of the insurance business in the markets of its member states
IBEC supports the development of the insurance business in the markets of its member states
12.08.2020
International Bank for Economic Co-operation has signed a loan agreement with the largest Bulgarian private holding company Eurohold, whose interests are focused on insurance, leasing, and financial services. A credit line with a total limit of EUR 20 million is provided for up to 2 years for the development of insurance business in the member countries of the Bank.
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