Case study (First Loss Portfolio Guarantee)

Published on 21.04.2015
Description

The case study focuses on the implementation of a Bulgarian 2007-2013 European Regional Development Fund (ERDF) guarantee-type financial instrument directed at SMEs. The instrument stimulates bank lending to micro-, small- and medium-sized enterprises (SMEs) by providing credit risk protection. The case study describes the objectives of the fund, set up of the financial instrument, strategy, achievements and lessons learned.

Country
Bulgaria
Source
fi-compass
Responsibility
EIB