EBRD to support Belarusian business

The European Bank for Reconstruction and Development will support the Belarusian business. A loan of €50 million will be received by Belinvestbank. Today, the parties signed an agreement. The funds will be used to expand the possibilities of lending to small and medium-sized businesses. In addition, the transaction will help to increase the partner network of the Belarusian bank, and expand its activities in the international market. The European Bank for Reconstruction and Development has been operating in Belarus since 1992, and has invested over €2 billion in more than 90 projects.