The country’s largest UniCredit Bulbankstarts offering investment loans for small and medium-sized enterprises (SMEs) under a EUR 30mn credit line from the Council of Europe Development Bank (CEB), a note on the website of the local lender reads. The facility will finance SMEs projects which have started after November 12, 2007 and aim at creating or preserving jobs (excluding agriculture). All projects should comply with the EU environment requirements. CEB is a multilateral development bank with a social vocation. It aims at strengthening social cohesion in Europe through three sectoral lines of action: strengthening social integration, managing the environment, and developing human capital. Earlier this month, EBRD approved a EUR 50mn five-year credit to UniCredit Bulbank to provide medium and long-term financing to SMEs with up to 249 employees and a maximum turnover of EUR 50mn.