How do we encourage young doctors, nurses, and talented students to build their futures in Bulgaria? One possible answer comes from “Your Future in Bulgaria”—a program that offers not just financial support but a long-term pathway to professional growth and fulfillment in the country.

A joint initiative between Postbank and the America for Bulgaria Foundation, the program brings together the strengths of the private and nonprofit sectors to address one of Bulgaria’s most pressing challenges: the outflow of skilled professionals from key fields like healthcare.

We sat down with Ms. Petia Dimitrova, Chief Executive Officer and Chair of the Management Board of Postbank, to discuss what motivated the launch of the program, how it benefits young professionals, and why collaboration works best when driven by vision and personal commitment.

America for Bulgaria Foundation: How did the idea for “Your Future in Bulgaria” come about, and what motivated you to support it?

Petia Dimitrova: This program, developed jointly by Postbank and the America for Bulgaria Foundation, is aimed at three main groups: undergraduate students at the American University in Bulgaria; Fulbright scholars pursuing higher education in the United States; and medical residents completing postgraduate training at Bulgarian universities. The goal is to support them not only financially, but also in building a fulfilling career here in Bulgaria.

ABF: We’ve been working together for more than half a year now. What brings you the most satisfaction from this partnership, and why do you think collaborations between businesses and nonprofits actually work?

P.D.: Public-private partnerships work because they combine resources, expertise, and influence to serve a shared goal. The business sector brings access to financing, logistics, and markets, while NGOs bring specialized knowledge, trusted relationships with vulnerable groups, and community credibility. When these strengths are aligned, the results can be meaningful and lasting.

ABF: What makes this program different from other forms of financial support, and how does it specifically benefit young doctors and nurses?

P.D.: By providing direct financial assistance, this program creates real opportunities for young people to stay and grow professionally in Bulgaria. The education loan we offer features a 6% fixed interest rate, a grace period during training or residency, and up to 120 months for repayment. It comes with no fees, commissions, or guarantor requirements. On top of that, 20% of the loan principal is forgiven for each year the beneficiary works in Bulgaria—up to five years after graduation or specialization.

ABF: Who is eligible to apply, and how can they go about submitting an application?

P.D.: The program is open to full-time undergraduate students at the American University in Bulgaria, Fulbright scholars enrolled in US institutions, and medical residents pursuing postgraduate specialization in Bulgaria. We’ve tried to design the process to be as accessible and supportive as possible.

ABF: In your opinion, what helps a young professional choose to stay in Bulgaria—and how does the program support that decision?

P.D.: Supporting young healthcare professionals isn’t just about enabling careers—it’s about investing in our collective future. Healthcare, perhaps more than any other field, is built on trust. Bulgaria has many talented medical professionals, but retaining them means providing fair recognition, solid working conditions, and a good quality of life. I firmly believe the strength of a society depends on how it nurtures its vital sectors, and healthcare is certainly one of them.

ABF: Do you see the loan forgiveness model as a sustainable way to address the healthcare workforce shortage?

P.D.: This kind of financial incentive can motivate young professionals to remain in Bulgaria, especially in underserved regions. It’s both a gesture of appreciation and a way to ease the financial strain of their studies. With proper regulation and a long-term strategy, it can absolutely contribute to workforce retention and better healthcare quality.

That said, this model alone isn’t enough. Addressing the human resource crisis in healthcare requires a broader approach—improving working conditions, offering career development, ensuring fair compensation, and shaping consistent, long-term health policy. Without these elements, the benefits may prove temporary.

ABF: While healthcare is a central focus, the program also supports other areas—like AUBG students, science Olympians, and Fulbright scholars. Are there plans to expand?

P.D.: Even though the program is still in its early stages, our vision is to turn it into a long-term initiative with lasting impact. At Postbank, we’re exploring new collaborations with organizations and companies that share our mission. We want to expand the program to other sectors where young professionals need support. Together, we can create an environment where talent is encouraged and retained.

ABF: And on a personal note—what causes are closest to your heart? Do you have a nonprofit partner you particularly value working with?

P.D.: I wholeheartedly stand behind any cause that is sustainable and focused on societal development. Our partnership with the America for Bulgaria Foundation is definitely one of the most successful we’ve had. It’s a great example of how collaboration between banks, nonprofits, and the private sector can address serious social issues in an effective and lasting way.