By Anna Kotova
The Chair of Belarusbank’s Board, Nadezhda Yermakova, tells us that the loan is to be used to finance the Belarusian economy — covering construction, technical upgrades and circulating assets of companies. Belarusbank is currently taking part in almost 50 state programmes on technical upgrading and construction of companies.
This is Belarusbank’s seventh large deal on the international market of syndicated lending, having debuted in 2006. The deal is the largest syndicated loan project in the history of the Belarusian banking system.