Bulgaria's First Investment Bank (FIBank) and Germany's LRP Landesbank Rheinfald-Pfalz signed a EUR 20 million credit facility agreement on February 7, 2007. The credit facility is for general purpose financing and for a period of five years. Matthew Mateev, executive director and chairman of the management board and Maya Georgieva, executive director and member of management board, signed the agreement on behalf of FIBank. The agreement was also signed by Peter Wolf, senior vice president of International Trade and Export Finance at LRP Landesbank Rheinland-Pfalz. LRP is the largest financial institution based in the State of Rheinland-Pfalz. The bank is wholly-owned by Landesbank Baden-Wuerttemberg (LBBW).