The second tranche from the European Investment Bank - 20 million euros raised by JSC Belagroprombank

January 31, 2020 Belagroprombank received the second tranche of credit resources from the European Investment Bank. Funds were provided under the agreement concluded by Belagroprombank and the European Investment Bank in November 2019.

The implemented project allows Belagroprombank to provide unique financing conditions for the development of private small and medium enterprises in the Republic of Belarus. Belagroprombank’s customers will be able to allocate resources received under this fscility to implement projects to acquire, modernize or expand their equipment fleet, as well as replenish working capital.

The completed project is a confirmation of the great confidence from the side of the backbone bank of the European Union and the investment attractiveness of our country. Impeccable payment discipline, effective perfomance, openness and transparency for partners allow Belagroprombank to realize unique projects with leading global financial institutions, thereby increasing the creditworthiness of foreign investors to the country's banking system and to the Republic of Belarus in general.

Belagroprombank thanks the team of the European Investment Bank, as well as all the participants of this project and congratulates on its successful implementation