Belarusbank and State Specialized Russian Export-Import Bank (joint-stock company) (Eximbank of Russia) have signed a framework loan agreement that stipulates order of granting loans for financing joint Belarusian and Russian projects. The Agreement is aimed at simplification and optimization of procedure of Russian products and services export financing to the Republic of Belarus on beneficial terms for Belarusbank’s clients.
At present Belarusbank together with Eximbank of Russia is financing number of projects including those in energetics. Several perspective deals are being developed.
For reference: Eximbank of Russia is a development institute. Its activity is directed to stimulation and support of Russian export. Eximbank of Russia services different non-commodity exporters including companies that are realizing the largest projects. The Bank is a part of the Russian Export Center Group.