Belarusbank starts placing Micro Leasing LLC bonds worth Br500,000, $500,000
<p> MINSK, Nov 23 - PrimePress. Belarusbank began on November 20, 2020 the placement of two issues of Micro Leasing LLC bonds in Belarusian rubles worth Br500,000 ($195.9 million at the rate of the National Bank of Belarus) and in U.S. dollars to the tune of $500,000, the bank’s press office reports. </p> <p> </p> <p> The interest rate is set at 14% per annum in Belarusian rubles and at 8.5% per annum in U.S. dollars. The maturity period is two years. </p> <p> </p> <p> The par value of one bond in Belarusian rubles is Br1,000 ($391.8); in foreign exchange – $500. </p> <p> </p> <p> Belarusbank, Belarus’ largest bank, was founded in July 1991, and was transformed in October 1995 through a merger with Sberbank of Belarus. The state holds the 99.95% share in the authorized capital of the bank. </p> <p> </p> <p> Micro Leasing LLC was founded on October 1, 2009 by Italian financier Vincenzo Trani as part of Mikro Kapital Group that unites several companies located in Italy, Switzerland, Luxembourg, Russia, Belarus, Moldova, Romania and Armenia. The holding specializes in micro financing of small and medium businesses in Eastern Europe, mainly in the leasing of cars, special-purpose equipment, real estate and start-up financing. Micro Leasing has offices in Gomel, Minsk, Brest, Grodno, Vitebsk, Mogilev and Novopolotsk. End (Br2.5522/$1) </p>
2020-11-24
Primepress
Belarusbank starts placing Micro Leasing LLC bonds worth Br500,000, $500,000
MINSK, Nov 23 - PrimePress. Belarusbank began on November 20, 2020 the placement of two issues of Micro Leasing LLC bonds in Belarusian rubles worth Br500,000 ($195.9 million at the rate of the National Bank of Belarus) and in U.S. dollars to the tune of $500,000, the bank’s press office reports.
The interest rate is set at 14% per annum in Belarusian rubles and at 8.5% per annum in U.S. dollars. The maturity period is two years.
The par value of one bond in Belarusian rubles is Br1,000 ($391.8); in foreign exchange – $500.
Belarusbank, Belarus’ largest bank, was founded in July 1991, and was transformed in October 1995 through a merger with Sberbank of Belarus. The state holds the 99.95% share in the authorized capital of the bank.
Micro Leasing LLC was founded on October 1, 2009 by Italian financier Vincenzo Trani as part of Mikro Kapital Group that unites several companies located in Italy, Switzerland, Luxembourg, Russia, Belarus, Moldova, Romania and Armenia. The holding specializes in micro financing of small and medium businesses in Eastern Europe, mainly in the leasing of cars, special-purpose equipment, real estate and start-up financing. Micro Leasing has offices in Gomel, Minsk, Brest, Grodno, Vitebsk, Mogilev and Novopolotsk. End (Br2.5522/$1)