`First Investment Bank will receive a EUR 6 M long-term loan from Deutsche Investitions und Entwicklung Geselschaft /DIEG/,` Maya Georgieva, CEO of the Bulgarian private financial and credit institution, said. This is the third loan granted to First Investment Bank by the German bank. The German institutions decided to extend the loan on September 19. The contract is to be sent by mail during the week. The loan is provided for six years. During the first year the Bulgarian bank will cover only the interest on the credit. The money will be used for providing investment credits to small and medium-sized enterprises, Georgieva said. The maximum amount of the loans will be EUR 1 M as the interest will be negotiated according to the credit risk. This is a unique credit since no other credit is extended for such a long period.

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