EBRD plans to expand pool of partner banks in Belarus under the trade facilitation programme - Marina Petrov
<p> MINSK, Jun 5 - PrimePress. The European Bank for Reconstruction and Development (EBRD) plans to expand the pool of partner banks in Belarus under the trade facilitation programme, said Marina Petrov, Head of the EBRD Office in Belarus. </p> <p> </p> <p> In her interview with PrimePress, Marina Petrov emphasized that at the moment it is very important to stimulate trade operations, which affect the normal functioning of the economy, as well as to preserve international sales channels. </p> <p> </p> <p> “In this regard, the EBRD will expand cooperation with Belarusian banks as part of the trade facilitation programme. This year we hope to start working in this direction with new banks,” said Marina Petrov. </p> <p> </p> <p> The head of the EBRD Office in Belarus said it is important to continue supporting lending to medium-sized and small enterprises through existing partner banks, especially in local currency. At present, the pool of the EBRD partners includes Belinvestbank, Priorbank, Bank Dabrabyt, MTBank, BNB-Bank and Raiffeisen Leasing. </p> <p> </p> <p> The European Bank for Reconstruction and Development is an international financial institution headquartered in London, created to support the economic transformations in Central and Eastern Europe. Since the start of its operations in Belarus in 1992, the EBRD has invested €2.917 billion in 134 projects in various sectors of the country’s economy. In 2016 the EBRD adopted a new strategy for operations in Belarus in 2016-2019. The document abolished the calibrated approach, which restricted EBRD operations with the public sector. Belarus and the EBRD have been implementing a number of projects in utilities industry, energy saving, transport infrastructure and environment protection. End </p>
2020-06-06
Primepress
MINSK, Jun 5 - PrimePress. The European Bank for Reconstruction and Development (EBRD) plans to expand the pool of partner banks in Belarus under the trade facilitation programme, said Marina Petrov, Head of the EBRD Office in Belarus.
In her interview with PrimePress, Marina Petrov emphasized that at the moment it is very important to stimulate trade operations, which affect the normal functioning of the economy, as well as to preserve international sales channels.
“In this regard, the EBRD will expand cooperation with Belarusian banks as part of the trade facilitation programme. This year we hope to start working in this direction with new banks,” said Marina Petrov.
The head of the EBRD Office in Belarus said it is important to continue supporting lending to medium-sized and small enterprises through existing partner banks, especially in local currency. At present, the pool of the EBRD partners includes Belinvestbank, Priorbank, Bank Dabrabyt, MTBank, BNB-Bank and Raiffeisen Leasing.
The European Bank for Reconstruction and Development is an international financial institution headquartered in London, created to support the economic transformations in Central and Eastern Europe. Since the start of its operations in Belarus in 1992, the EBRD has invested €2.917 billion in 134 projects in various sectors of the country’s economy. In 2016 the EBRD adopted a new strategy for operations in Belarus in 2016-2019. The document abolished the calibrated approach, which restricted EBRD operations with the public sector. Belarus and the EBRD have been implementing a number of projects in utilities industry, energy saving, transport infrastructure and environment protection. End