Belarus’ Development Bank increases lending to health care facilities construction in 2020 by 110% to Br32.6m
<p> MINSK, Jan 5 - PrimePress. The Development Bank of the Republic of Belarus JSC increased the amount of loans given for the construction of health care facilities by 110% to 32.6 million Belarusian rubles ($12.64 million at the exchange rate of the National Bank of Belarus), as per government decree No.776 of December 30, 2020 posted on the National Legal Internet Portal on January 1, 2020. </p> <p> </p> <p> The amount of non-directed lending increased by 1.8% to Br943.18 million ($365.73 million). The total amount of loans for government programs and activities in 2020 went up by 0.9% to Br1.85 billion ($717.36 million). </p> <p> </p> <p> The Development Bank of the Republic of Belarus was established in 2011 by presidential decree No.261 of June 21, 2011 to increase the efficiency of projects included in government programs, reduce the time of their implementation and cost recovery. It finances government programs on its own behalf and at its own expense on terms of urgency, payment and repayment. The state holds 96.224% in the bank’s statutory capital. End (Br2.5795/$1) </p>
2021-01-06
Primepress
MINSK, Jan 5 - PrimePress. The Development Bank of the Republic of Belarus JSC increased the amount of loans given for the construction of health care facilities by 110% to 32.6 million Belarusian rubles ($12.64 million at the exchange rate of the National Bank of Belarus), as per government decree No.776 of December 30, 2020 posted on the National Legal Internet Portal on January 1, 2020.
The amount of non-directed lending increased by 1.8% to Br943.18 million ($365.73 million). The total amount of loans for government programs and activities in 2020 went up by 0.9% to Br1.85 billion ($717.36 million).
The Development Bank of the Republic of Belarus was established in 2011 by presidential decree No.261 of June 21, 2011 to increase the efficiency of projects included in government programs, reduce the time of their implementation and cost recovery. It finances government programs on its own behalf and at its own expense on terms of urgency, payment and repayment. The state holds 96.224% in the bank’s statutory capital. End (Br2.5795/$1)