Regional Innovation Policy
Galabin Galabov
Chairman of the Board and CEO @ Bulgarian Export Insurance Agency (BAEZ)
Talk TopicFinancial Instruments from the Bulgarian Export Insurance Agency in Support of Exporters and SMEs
About the speaker
A manager with over 30 years of professional experience in finance, currently Chairman of the Management Board and Executive Director of the Bulgarian Export Insurance Agency EAD.
About the talk
Talk DescriptionA presentation of the instruments BAEZ provides in support of export-oriented companies, as well as insurance of working capital loans for companies in the SME segment.
Key TakeawaysThe Bulgarian Export Insurance Agency offers a range of instruments for sharing the risk that Bulgarian exporters take on when selling on deferred payment terms, as well as the risk banks take on when financing export deals and facilitating working capital lending to companies in the SME segment. In addition, the Agency provides guarantee-type insurance, which makes it possible to replace bank guarantees in Bulgaria and abroad for tender participation, performance and maintenance.