Investbank JSC participates in financing a strategic gas project  

On September 25, 2025, a Guarantee Agreement was signed between the Republic of Bulgaria and Investbank JSC in connection with a long-term loan agreement in the amount of BGN 48.9 million (EUR 25 million), concluded on September 16, 2025, between Bulgartransgaz  and Investbank JSC for financing the project “Expansion of the gas transmission infrastructure of Bulgartransgaz  for the implementation of the Vertical Corridor initiative of the gas transmission operators of Bulgaria, Greece, Romania, Hungary, Slovakia, Ukraine and Moldova“. The bank was selected as the financing institution after a tender procedure conducted by the company.

The document was signed by the Minister of Finance Temenuzhka Petkova and the Executive Directors of Investbank JSC - Iva Kutlova and Nedyo Tenev. The event emphasizes the active role of the state and the commitment of the banks as a reliable partner in ensuring sustainable financing for projects of national importance.

In parallel with the state guarantee, Investbank JSC and Bulgartransgaz also signed a long-term financing agreement worth BGN 50 million. Investbank AD was chosen as the financing institution after a tender procedure conducted by the state-owned enterprise.

The draft guarantee agreement between the Republic of Bulgaria and Investbank JSC was approved by a decision of the Council of Ministers in September 2025, with the Minister of Finance authorized to sign it on behalf of the Republic of Bulgaria. The possibility of issuing state guarantees for new loan agreements of Bulgartransgaz to finance the expansion of the company’s gas transmission infrastructure in the amount of up to BGN 625 million is envisaged in the State Budget Act for 2025. The projects of the Vertical Gas Corridor initiative were declared national sites and sites of national significance by a decision of the Council of Ministers in 2024.