NGF

The National Guarantee Fund (NGF) is a subsidiary of the 100% state owned Bulgarian Development Bank (BDB). It issues guarantees for bank loans to the non-financial sector. Its focus is to support small and medium-sized enterprises.

As of end-2021, NGF had an outstanding guarantee volume of mEUR 132.8 and supported a total of 2,500 small and medium-sized enterprises.

AECM accession year	2009
Legal form	Limited company
Ownership	Public
Geographical and sectoral coverage	National Agriculture, Industry, Trade
Products	Loan guarantees, Leasing guarantees
Counter-guarantee	COSME

Sofia/Brussels, 13^th September 2022