Total Fitness Continues Dominance of Mid-Market in Poland

After enjoying incredible success in the polish gym mid-market in recent years,Aleksander Wilewski s

more

€33 Million Sale for CCC Romanian Franchise

For a number of years, the CCC retailer in Poland has been under different ownership to the CCC fran

more

Martes Sport Junior to Launch in Poland

With the sport goods market in Poland growing, Martes Sport has now welcomed its first Junior store

more

A Japanese Manufacturer of Quality Eyewear and Accessories Searches for Distributors in Central Europe.

A producer of eyewear and accessories from Japan is seeking distributor partners and agents to repre

more

Ispo 18; Central European Distributors who will attend

In the most recent survey by CeSport of the Sporting goods industry in Central Europe ( CE ) and Cen

more

"Business Partner search for the Sports industry in Central Europe"


You are here » Home Page » News » New EBRD partnership for Societe Generale Expressbank


New EBRD partnership for Societe Generale Expressbank

2017-04-18 source own
Thanks to a new agreement between the Societe Generale Expressbank (SGEB) and the European Bank for Reconstruction and Development (EBRD), Bulgarian companies will now have improved access to finance in order to boost the competition within certain markets. Currently, two-thirds of all lending from SGEB goes towards local companies and EBRD is no stranger to the company as they have provided support in the past. However, this deal is slightly different in that it is a ‘RSF’ risk participation agreement; the first for Bulgaria and the first for EU member state lenders.

In over 230 projects, the EBRD has invested significant sums of money in Bulgaria to date. Thought to be worth a little under €3.5 billion, 80% of this amount has gone towards the private sector. In 2016 alone, over €600 million was pumped into the Bulgarian economy by the EBRD. In the future, the EBRD has set a target of €200 million per year to keep up with local demand.

Click here to register to get CeSports latest Business Report on doing business in Central Europe & for an overview on the Sporting Goods market in Central Europe.


Featured Partners

Featured Partners

View more featured partners

more

Press Releases

View Our Press Releases

more

FAQ

View Our FAQ

more
Featured

Sports Business Partner Connections Central Europe

Head logo Rhinos logo order reports