The BDB Forum aims at establishing a high-level platform and gathering for stakeholders from Bulgaria and the region among which senior policy makers, banking executives, financiers as well as EU and government officials to take place annually in Sofia. The second edition of the BDB Forum will contribute to the European conversation about InvestEU program and its potential for the SEE Region.
The event is part of our annual regional BDB Forum series which brings together a number of regional promotional and multilateral banks, including the BSTDB, the EIB, the EBRD, the IIB, the KfW, the MFB, the HBOR, the MDB, policymakers, financiers and business actors.
Reflecting the growing role of the national promotional banks in economic development and the importance of regional partnerships to craft and pass smart growth strategies, in view of the InvestEU programme, the 2019 Forum will explore opportunities for co-operation and future choices about NPB’s investments.
The second edition of the BDB Forum will contribute to the European conversation about InvestEU program and its potential for the SEE Region. During its sessions and discussions the Forum will seek to encourage a fresh thinking on the challenges facing the promotional banks and raise questions about new financing solutions. Synergetic partnerships between national promotional and multilateral banks, the private sector and other stakeholders are needed to achieve success. We will look forward to prepare a regional strategic investment project map and share perspectives on what role is for the NPBs as partners in the future InvestEU.
The event will start with a closed-door working meeting of the signatory institutions which joined the 2018 Cooperation agreement. We will focus on developing practical partnership arrangements that support the goals of the 2018 MoU while put us work together as development actors. In a roundtable dialogue NPBs and multilateral development banks will exchange views on what are the practical obstacles to planning for the new InvestEU fund and how to become successful implementing partners. We believe the programme will drive the building of our institutional capacity, help better align business and strategic programming and prop up financial and risk bearing capacity. Sharing expertise on a range of newly emerging subjects from preparation and structuring of investments to revamping business models will prepare NPBs for implementing InvetsEU.
In the second day our speakers will strategize on the opportunities, the key elements and practical aspects of the future InvestEU programme.
Discussion on setting up a national project mapping database
Bulgarian development bank, Maritsa Hall,
1 Dyakon Ignatiy Str, Sofia
reception on the occasion of the 20th Anniversary of the BDB, Hall 6
Hilton Hotel, Mussala Hall
1 Bulgaria Blvd, Sofia
Welcoming address by Boyko Borisov, Prime Minister of Bulgaria
Welcoming address by Emil Karanikolov, Minister of Economy of Bulgaria
Welcoming address by Stoyan Mavrodiev, CEO and Chairman of Bulgarian Development Bank
Florentine Hopmeier, Member of Cabinet of Vice-President Katainen, European Commission10:30 – 11:10
among the European Commission, EIB, EIF and NPBIs
Moderated by Marcel Roy, President, EAPB
Five years of successful implementation the EFSI program paved the way to a revamped InvestEU program. The panel will share views on the future Invest EU programme, what role is for the NPBs, pinpointing the key elements, opportunities and threats that demand attention from banks’ leaders. Special attention will be placed on the preparation of the promotional banks for the programme implementation and the implications of the pillar assessment process.
12:10 – 12:30
Marcel Roy, Secretary General, EAPB12:30 – 12:40
13:00 – 14:15
Preparing for the implementation of the future Programme and for practical partnership arrangements to meet development goals and sustain promotional businesses.14:15 – 16:00
“Grows, but never ages” is the motto of one of Europe’s oldest cities and capital of Bulgaria – Sofiа and not surprisingly so, given the city’s ancient history, dating back some nine millennia. Sofia was founded 2,500 years ago. Over the centuries, it has been given several names – Serdica, Sredetz and the remains of the old cities can still be viewed today. Because of its strategic location in the middle of Balkans for a while it had been selected for a new capital of the Roman Empire. The decline of Sofia during the Turkish Ottoman Empire was followed by the rejuvenation after the Liberation in 1878, when Sofia was chosen as the capital of Bulgaria at the First National Constituent Assembly, and followed by a brisk and straight-forward period of construction. Sofia is a dynamic Eastern European capital, distinguished by its unique combination of European and Communist-style architecture as well as many beautiful orthodox churches.Home to many of Bulgaria's finest museums, galleries, restaurants and clubs, Sofia may persuade you to stick around and explore further.
The BDB is a state owned national promotion bank. The Bank was established in 1999 as Encouragement Bank with the mission to support the SME sector. In 2008 by a special law the name of the bank was changed name to Bulgarian Development Bank and its capital was substantially increased to prepare for the new mission as a national promotion bank equipped to play a pivotal role in financing key national development priorities and strategies. The BDB has the highest capital base among local banks for the past decade.
The Bank invests in key sectors of the Bulgarian economy – small and micro businesses, energy efficiency, agriculture, urban infrastructure and municipalities. This is the best-positioned bank in Bulgaria to attract funds from foreign partners.
The BDB Forum 2019 is organized on the occasion of the 20th anniversary of the foundation of the Bulgarian development bank as the national promotion bank of Bulgaria.