main navigation menu miga logo
Filter By
World Bank building
About

MIGA’s goal is to promote foreign direct investment into developing countries to support economic growth and more.

Learn More
History Member Countries Senior Management Board of Directors Careers Frequently Asked Questions Political Risk Insurance Annual Reports MIGA Convention MIGA in Japan
Young woman bending down to tending to her outside chores
What We Do

Explore different types of political risk insurance guarantees provided to investors and lenders.

Learn More
Our Products Our Process Small Investment Program Private Equity Fund Insurance Dispute Resolution Broker Information Reinsurance Trust Funds and Blended Finance
Hyundai building
Projects

Explore global projects that support economic growth, reduce poverty and improves people’s lives.

Search Projects
Access to Information Environmental & Social Sustainability Integrity Accountability
Hands husking peas into a basket full of peas
Our Impact

Learn about the progress MIGA is making in its mission to support economic growth, reduce poverty and improve people’s lives.

Learn More
Climate Change Fragile and Conflict-Affected Situations (FCS) Low-Income (IDA) Countries Water Gender Partnerships COVID-19 MIGA's Ukraine Response Asia and the Pacific Europe and Central Asia Latin America and the Caribbean Middle East and North Africa Sub-Saharan Africa Working with Investors
Get Coverage Login Contact News & Events Reports & Resources Newsletter Careers
 
Filter By
Subscribe to Our Monthly Newsletter
x

About Dropdown Description

World Bank building
About

MIGA’s goal is to promote foreign direct investment into developing countries to support economic growth and more.

Learn More

Our Impact Dropdown Description

Hands husking peas into a basket full of peas
Our Impact

Learn about the progress MIGA is making in its mission to support economic growth, reduce poverty and improve people’s lives.

Learn More

Our Products Dropdown Description

Young woman bending down to tending to her outside chores
What We Do

Explore different types of political risk insurance guarantees provided to investors and lenders.

Learn More

Projects Dropdown Descriptions

Hyundai building
Projects

Explore global projects that support economic growth, reduce poverty and improves people’s lives.

Search Projects
Bulgaria

BNP Dresdner Bank

$14 million
Financial Services
Project Brief
Not Active
twitteremail

MIGA issued a $14 million guarantee to Banque Nationale de Paris for its shareholder loan to BNP-Dresdner Bank to expand its banking operations in Bulgaria. The guarantee covers the investment against the risks of transfer restriction and expropriation.

BNP-Dresdner Bulgaria offers a full range of corporate and international banking services, such as short-term credit facilities, commodity trade financing, treasury and consulting services, including strategic advice on national and international investments and the provision to foreign companies of local business information.

The project will increase the availability of longer term funds for Bulgarian companies at competitive prices. In addition, the bank is expected to employ about 140 Bulgarian nationals by the end of 1999 and provide banking and financial training.

twitteremail