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European Bank for Reconstruction and Development allocates $20 million to Belarus

$20 million for small business loans: the European Bank for Reconstruction and Development (EBRD) has allocated Belarusian colleagues a syndicated loan. 

Among the investors are several financial institutions from Germany and the Netherlands.

Head of the EBRD office in Belarus called the deal a breakthrough agreement, as the parties have moved from words to actions.

The National Bank of Belarus has confirmed the positive trend of attracting foreign capital. These deals demonstrate a real interest of the private sector to invest in the Belarusian economy.

European Bank for Reconstruction and Development allocates $20 million to Belarus