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Guarantees for projects in the Fisheries sector

Guarantees for projects in the Fisheries sector

Guarantee program of the NGF, set up in cooperation with the Ministry of agriculture and food and the Executive Agency for fisheries and Aquaculture started in mid - 2010.

Who can apply?

Beneficiaries who have approved projects under one of the following Measures of the Operational Program For Development of the Fisheries Sector (2007-2013):

  • Measure 1.3: Investment on the board of fishing vessels and selectivity
  • Measure 2.1: Productive investments in aquaculture
  • Measure 2.5: Fishing in inland waters
  • Measure 2.6: Investment in processing and marketing of fisheries and aquaculture products
  • Measure 3.3: Investment for reconstruction and modernization of fisheries ports, landing sites and shelters
  • Priority axe №4: Development of the fisheries areas

What are the advantages of the program?

  • The guarantee covers up to 80% of the loans, granted by the commercial banks, but not more than 3 million leva.
  • Maximal interest rate of the loans: 7,5%
  • Maximal duration of the guarantee: up to 10 years
  • No taxes and commissions for the guarantee
  • Lower requirements regarding the collateral
  • Priority to collaterals that are assets financed under a project approved in the framework of the Operational Program for Fisheries and Aquaculture

Partner banks:

  • DSK Bank
  • Pireus Bank Bulgaria
  • Bulgarian American Credit Bank
  • International Asset Bank
  • United Bulgarian Bank
  • Community Bank
  • First Incvestment Bank
  • Raiffaisenbank Bulgaria
  • CiBank
  • TBI Bank
  • Tokuda Bank
  • Unicredit Bulbank
  • Central Cooperative Bank