Actively support to small and medium business

18 июля 2016

Alexei Adashkin: Such an order was made today by President of Belarus Alexander during the meeting with Sergei Rumas, chairman of the Development Bank, on July 18.

The Head of State was informed about the expansion of the number of products for this segment of the economy, as well as increase in the volume of its support.

The participants of the meeting discussed the course of reconstruction of the stadium "Dinamo", the construction of a technical center of national teams in football and the national football stadium. It was noted that "Dinamo" stadium and Technical Center will be completed in time, and for the construction of the national football stadium it is planned to purchase construction documents that will reduce the cost of designing and significantly reduce construction time.

The woodworking enterprises are managed by the Development Bank as well. There are first results. The volumes of production of the industry increased by 70% in the second quarter.

This was reported today by the Chairman of the Board of the Bank. It is assumed, in particular, that the role of this financial institution in the country's economy will grow. The Development Bank plans to more actively support the small and medium business. This is one of the President's instructions. The amount of funding of the private sector will increase. The Development Bank acts on the global capital market.

The Development Bank for has a capacity to attract additional funding from other sources of funding: through China, through the international capital markets.