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LOANS & CREDITS

Bulgaria - Deposit Insurance Strengthening Project

March 18, 2016

WASHINGTON, March 18, 2016 - The World Bank’s Board of Executive Directors today approved the following project:

Bulgaria - Deposit Insurance Strengthening Project

IBRD Loan: US$ 327.47 million equivalent

Terms: Maturity = 10.5 Years, Grace = 6 Years

Project ID: P154219

Project Description:

The Project Development Objective is to strengthen the financial and institutional capacity of the Bulgarian Deposit Insurance Fund (BDIF) to enable it to meet its deposit insurance and bank resolution obligations.

Media Contacts
In Washington
Elena Karaban
Tel : (202) 473-9277
ekaraban@worldbank.org

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