News
28.02.2007

26.02.2007 Belarusbank and Bayerische Landesbank signed a Frame Agreement (in the total amount of EUR 20 million).

On February 26, 2006 negotiations between representatives of Belarusbank and Bayerische Landesbank took place in Minsk and resulted in the concluding of the Frame Agreement between the banks. The Agreement aims to provide foreign financing for equipment and machinery deliveries to Belarusian enterprises. The signing of the Agreement is an event of great importance in the development of mutually beneficial cooperation with Bayerische Landesbank enabling Belarusbank to attract long-term financing for industrial sector of the Belarusian economy from the German bank. In 2006 Bayerische Landesbank arranged two syndicated loans for Belarusbank in the total amount of USD 113 million (in equivalent)."

If you have noticed any discrepancy, please, highlight it and press Ctrl+Enter
Print