Moon Banking

Bulgarian Development Bank

in Bulgaria 🇧🇬

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About Bulgarian Development Bank in Bulgaria

Bulgarian Development Bank (BDB) is a state-owned development and credit institution headquartered in Sofia, Bulgaria. Established as a systemically important financial institution, BDB is 100% owned by the Bulgarian state and operates with a public-interest mandate. The bank is one of the largest development institutions in Southeast Europe, specializing in financing and professional advising for economic development purposes.

BDB holds a BBB+ long-term credit rating from Fitch Ratings, making it one of the highest-rated banks in Bulgaria. As of 2011, the bank's direct lending commercial business division ranked as the 14th commercial bank by assets in Bulgaria, with approximately EUR 850 million in assets.