2024-10-01 01:46:32
Executives from the EC and European financial institutions arrive in Sofia for the event on October 3and
National development banks are gaining importance and recognition with their special mission to stimulate the economy in Europe and around the world. This will also be the focus of the conference “Development banks – a tool for better use of public funds”which is organized by the Bulgarian Development Bank on October 3 in Sofia.
The official event celebrates the 25th anniversary of the BBR and will be opened by the Minister for Innovation and Growth Associate Professor Dr. Rosen Karadimov. Prominent bankers and financiers from the EU have confirmed their participation in the forum.
The Deputy Prime Minister and Minister of Finance will address the audience Lyudmila Petkovathe deputy governor of the BNB Assoc. Dr. Petar Chobanov and the Vice President of the European Investment Bank Kyriakos Kakouris.
World experience in the functioning of development banks will be examined in the discussion led by the Secretary General of the European Association of Public Banks, Marcel Roy. Their contribution to a better use of public funds and the support of micro, small and medium-sized companies for which the market does not offer financing will be discussed by the Director of “InvestEU and Financial Institutions” in the EC, Giorgio Casoni, as well as heads of development banks from Bulgaria, France, Croatia, Hungary and Finland – Delyana Ivanova (BBR), Pascal Lagarde (Bpifrance), Josip Pavkovic (HBOR), Csaba Harshani (MFB) and Timo Luxila (Finnvera).
The executive director of BBR, Iliya Karanikolov, will focus on the partnership between promotional and commercial banks. The effect of the creation of joint financial programs to stimulate entrepreneurship will be the topic of the conversation with the heads of Post Bank – Petya Dimitrova, of UniCredit Bulbank – Tsvetanka Mincheva, of KVS Group – Peter Ruben, of DSK Bank – Boyan Stefov, and of BACB – Ilian Georgiev.
Thanks to its new strategy 2024-2026, the Bulgarian Development Bank is a powerful market tool of the state to support small and medium-sized enterprises, support public policies and overcome regional imbalances. BBR is one of the most stable financial institutions, with significant resources to help businesses from various fields grow, assisting in the development of strategic sectors in the industry.