The largest creditor of state programs, the Development Bank, and Belarusbank join efforts in supporting the real sector of the economy. The financial institutions signed a memorandum of cooperation today. The banks will jointly finance the most important projects for the national economy. Lending to large-scale investment programs is associated with high commercial risks, and the partnership will minimize financial threats, as well as maximize the effectiveness of the invested funds. Thus, it is planned to finance projects in energy, transport, and innovative industries.
Together, the banks expect to enter the international borrowing market. The Development Bank plans to organize this work in June. The amount of borrowing is preliminary determined at a rate of 500 million rubles.












