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
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.