Bulgarian Development Bank
Financial ServicesСофия (столица) / Sofija (stolica), Bulgaria51-200 Employees
Bulgarian Development Bank (BDB) is a financial services institution based in Sofia, Bulgaria. It traces its origins to 1999, when it was established as Encouragement Bank and renamed in 2008 following the adoption of a law governing the bank. The BDB Group comprises two subsidiaries—National Guarantee Fund EAD and Microfinance Institution Jobs EAD—that together support its operations. Its core mandate centers on serving local SMEs, financing projects for export-oriented companies, and supporting investment banking and public initiatives of national importance, with an emphasis on aligning banking activity with state policy. The bank seeks to position itself as a systemically important institution capable of improving access to financial resources for SMEs and providing tools for implementing government economic policy to ensure sustainable development. In March 2026, BDB announced a partnership with DSK Bank to facilitate access to financing for small and medium-sized enterprises.
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