The Basic Loan Agreement between Belarusbank and the German bank KfW IPEX-Bank was signed 27.11.2018 in frames of the Belarusbank’s conference in Frankfurt-am-Main.
In order to diversify its credit portfolio, the largest Belarusian bank actively widen the list of foreign partners. The signing of the Basic Loan Agreement with KfW IPEX-Bank will give an opportunity to attract ECA-covered loans in order to arrange financing of foreign trade contracts concluded between Belarusian importers and their foreign contractors.
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KfW IPEX-Bank GmbH is a subsidiary of the KfW Group. For almost 60 years it is responsible for international projects and export finance. The main function of KfW IPEX-Bank is to provide financing to support the German and European economy. Among the financing areas there are exports, infrastructure and means of transport, environmental and climate protection.