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Refinancing rate in Belarus down to 11.5% from September 13

Bank loans will become more affordable. Belarus has again reduced the refinancing rate, for the seventh time since the beginning of 2017.

From September 13, this financial indicator will equal 11.5% per annum.

This decision of the National Bank takes into account the positive economic trends and the stability of the Belarusian financial and credit system.

The refinancing rate directly affects not only the affordability of funds for the real sector of economy, but also for townsfolk. This means that bank loans will become cheaper for borrowers.

Refinancing rate in Belarus down to 11.5% from September 13