Development Bank of Belarus attracts loan for 118 million euros (video)

Development Bank of Belarus has attracted a syndicated loan of 118 million euros. The funds will be used for export financing of bank customers, as well as lending to the real sector of the national economy.

According to Interfax-Zapad, the lenders were banks in Western Europe and Russia. The list can be viewed here. Agent for loan and documentation is Ausfuhrkredit GmbH.

Last year, the Development Bank of Belarus attracted the debut sindloan for 130 million euros. The loan commitments were met in April 2015.

Photo: Fotolia