BNB-Bank raises €14m to finance SMEs
<p> MINSK, Oct 19 - PrimePress. BNB-Bank OJSC and investment funds Triodos Fair Share Fund and Triodos Microfinance Fund managed by Triodos Investment Management (Netherlands) entered into a syndicated loan agreement for a total of 14 million euros, of which €9 million will be provided immediately, and over €5 million will be available in the future. The financing is provided for a period of over two years to expand the financing program for small and medium enterprises (SMEs), the bank’s press office reports. </p> <p> </p> <p> BNB-Bank OJSC was founded in 1992. Its head office is located in Minsk. The bank has 16 banking centers in Minsk, Brest, Vitebsk, Gomel, Mogilev and Grodno. Bank of Georgia JSC holds 99.98% of its shares. The main strategic objective of the bank is to support medium and small businesses. </p> <p> </p> <p> Triodos Investment Management (Triodos IM) has been investing in more than 750 projects in more than 50 countries, managing assets worth €4.9 billion as of late June 2020. The company is owned by Triodos Bank NV founded in 1980 in the Netherlands, the leading expert in sustainable banking worldwide. End </p>
2020-10-19
Primepress
BNB-Bank raises €14m to finance SMEs
MINSK, Oct 19 - PrimePress. BNB-Bank OJSC and investment funds Triodos Fair Share Fund and Triodos Microfinance Fund managed by Triodos Investment Management (Netherlands) entered into a syndicated loan agreement for a total of 14 million euros, of which €9 million will be provided immediately, and over €5 million will be available in the future. The financing is provided for a period of over two years to expand the financing program for small and medium enterprises (SMEs), the bank’s press office reports.
BNB-Bank OJSC was founded in 1992. Its head office is located in Minsk. The bank has 16 banking centers in Minsk, Brest, Vitebsk, Gomel, Mogilev and Grodno. Bank of Georgia JSC holds 99.98% of its shares. The main strategic objective of the bank is to support medium and small businesses.
Triodos Investment Management (Triodos IM) has been investing in more than 750 projects in more than 50 countries, managing assets worth €4.9 billion as of late June 2020. The company is owned by Triodos Bank NV founded in 1980 in the Netherlands, the leading expert in sustainable banking worldwide. End