Russia’s Gazprombank to open €60m credit line for Belgazprombank
<p> MINSK, Feb 25 - PrimePress. Belgazprombank and Russian Gazprombank JSC, one of its major shareholders, have signed an agreement on a €60 million long-term credit line for Belgazprombank. The funds are intended for financial support and development of small and medium enterprises (SMEs) in Belarus, Belgazprombank reports. </p> <p> </p> <p> Small and medium businesses are offered credits on attractive terms for financing projects, including those on acquisition, expansion, reconstruction, repairs of fixed assets and real estate, making up of current assets, etc., reads the report. </p> <p> </p> <p> Belgazprombank OJSC was established in 1990 as an authorized bank of Gazprom Group in Belarus. Russian Gazprom PJSC and Gazprombank JSC own 49.818% stake in Belgazprombank each; Gazprom Transgaz Belarus – 0.266%; the Republic of Belarus represented by the Ministry of Energy of Belarus – 0.097%. Belgazprombank is assigned to the systemic importance Group I. </p> <p> </p> <p> Gazprombank JSC is one of Russia’s largest universal financial institutions and three and third in Central and Eastern Europe in terms of equity. Along with Gazprom PJSC, Gazprombank JSC is one of the key shareholders of Belgazprombank OJSC (49.82% stake each). End </p>
2021-02-26
Primepress
Russia’s Gazprombank to open €60m credit line for Belgazprombank
MINSK, Feb 25 - PrimePress. Belgazprombank and Russian Gazprombank JSC, one of its major shareholders, have signed an agreement on a €60 million long-term credit line for Belgazprombank. The funds are intended for financial support and development of small and medium enterprises (SMEs) in Belarus, Belgazprombank reports.
Small and medium businesses are offered credits on attractive terms for financing projects, including those on acquisition, expansion, reconstruction, repairs of fixed assets and real estate, making up of current assets, etc., reads the report.
Belgazprombank OJSC was established in 1990 as an authorized bank of Gazprom Group in Belarus. Russian Gazprom PJSC and Gazprombank JSC own 49.818% stake in Belgazprombank each; Gazprom Transgaz Belarus – 0.266%; the Republic of Belarus represented by the Ministry of Energy of Belarus – 0.097%. Belgazprombank is assigned to the systemic importance Group I.
Gazprombank JSC is one of Russia’s largest universal financial institutions and three and third in Central and Eastern Europe in terms of equity. Along with Gazprom PJSC, Gazprombank JSC is one of the key shareholders of Belgazprombank OJSC (49.82% stake each). End