Belarusian Bank of Development presented in Minsk today. ? News ...
Belarusian Bank of Development presented in Minsk today. ? News | Economy ? Belteleradiocompany
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Belarusian Bank of Development presented in Minsk today.
It is created to improve the reliability of the financial credit system and economic development. According to PM Mikhail Myasnikovich, the new financial institution will furnish the economy with loans with an interest rate lower than the market rate. The bank financed 11 state programs within last year alone. The total loan portfolio of 2012 amounts to almost Br. 5 trillion. These are mostly projects on the modernization of the agroindustrial complex, equipment procurement and infrastructure development. (Mikhail Myasnikovich, Prime Minister of the Republic of Belarus) (Sergei Rumas, Chairman of the Board of the OJSC "Belarusian Bank of Development") According to the Chairman of the Board Sergei Rumas, each fourth ruble within the framework of state programs belongs to the Bank of Development. This year the loan portfolio should amount to over Br. 5,5 trillion. Projects on the construction of the Belarusian industrial park, new subway lines and international class roads are on expertise in the bank now. An individual task is the support of Belarusian exporters. For this purpose the Bank of Development will be closely cooperating with its partners in the Common Economic Space.
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