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On February 27, 2007 International Asset Bank obtained a credit line of over 1 million EUR. These funds are to be used for credits provided to small and mid-size companies.

28 February 2007

In Sofia, on February 27, 2007, International Asset Bank obtained a credit line of over EUR 1 million. These funds are to be used for credits provided to small and mid-size companies. The credit line agreement was signed officially today by the executive directors of International Asset Bank – Mr. Elen Georgiev and Mr. Aleksey Tsvetanov and by Mr. Dimitar Dimitrov and Mr. Sasho Chakalski, Executive Directors of Encouragement Bank AD.

Resources originate from the program of the German financial institution Kreditanstalt für Wiederaufbau /KFW/.