Belarusbank raised $2 billion of foreign financial resources in 2018. This year the bank is planning to sign agreements with banks of Switzerland, Poland and Russia. This information was voiced by First Deputy Chairman of the Board of Belarusbank Aliaksandr Paliuka during the international conference titled “Belarus: Trade Finance 2019”.
Addressing the conference, the senior executive mentioned the “the positive dynamics of Belarusbank’s corporate loan portfolio”.
Speaking about plans for the future, Aliaksandr Paliuka mentioned that Belarusbank is looking into the possibility of joining several large investment projects in the sphere of power engineering, petrochemical, mining and refining industries as a lender.
The joint efforts of the bank and its partners are also expected to help implement a number of initiatives in the field of mechanical engineering and replenishment of the rolling stock of the Belarusian railways.
Preliminary work is currently being carried out with regard to most projects, and the possible financing schemes are being elaborated.
Belarusbank for the 5th time became the title sponsor of the international conference, which was attended by representatives of Austria, Germany, China, Russia, Finland, Sweden, Czech Republic and other countries.
For reference:
Presently Belarusbank has 100 partner banks in 35 countries. The bank’s clients have the opportunity to obtain finance for their foreign trade contracts with counterparties from any part of the world. The bank is ready to participate in large-scale investment projects in various fields of economy.
The volume of export and import transactions of the bank’s clients has lately expanded by 4 billion US dollars.
The bank has successfully functioning representative offices abroad. Belarusbank maintains correspondent relations with more than 700 banks.
Communications Department