Bulgarian banks are likely to put ff until end-2008 the loans of farmers with SAPARD projects, bankers told Sega daily after meeting with Agriculture Fund head Atanas Kanchev. Kanchev will talk with every bank that has funded SAPARD projects. Banks, on their part, will give the fund a list of the exact projects and amounts. Even if Bulgaria loses all of the frozen some 250 mln levs, banks would not be severely affected as this makes less that 1.0 pct of their loan portfolios, a banker commented. Source: Sega (12/07), P6 Be FIRST, get all the latest NEWS about Bulgaria Property Market! Enter your E-mail to receive our FREE Weekly Reports ShareThis
