European Bank for Reconstruction and Development to support Belarusian business

10 December 2018

Belinvestbank will receive a loan of 50 million Euros. Today, the parties have signed an agreement. The funds will be used to expand the possibilities of lending to small and medium-sized businesses. The transaction will also help to increase the partner network of the Belarusian bank, and expand its activities in the international market.

The European Bank for Reconstruction and Development has been operating in Belarus since 1992, and has invested over 2 billion Euros in more than 90 economic projects in the country. The new loan is another confirmation of the effective work of the European Bank and the Belarusian financial system.