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With the support of the Development Bank of the Republic of Belarus, the 16th International Youth Football Tournament “Development Cup 2020” was held in Minsk for the prizes of the Association “Belarusian Football Federation”. The youth football team of Belarus won the tournament.
FebruaryPress conference was held by the Chairman of the Management Board of the Development Bank of the Republic of Belarus Andrei Zhishkevich, dedicated to the renewed mandate of the Development Bank and the main results of the Bank’s work in 2019.
In the Great Stone Sino-Belarusian Industrial Park, a Cooperation Agreement was signed between the Development Bank of the Republic of Belarus, the Administration of the Great Stone Sino-Belarusian Industrial Park Administration and the Industrial Park Development Company CJSC.
MarchFirst batch of Belarusian fire equipment funded by Development Bank went to Kazakhstan.
Fifth album book of Development Bank’s social project Cultural Heritage of Belarus – Living Culture of Belarus – awarded diploma of Book Art National Contest.
Development Bank signed contract for developing venture financing legislation.
AprilDevelopment Bank Supports Healthcare Institutions in Combating COVID-19. Financial assistance was provided to the Republican Medical Response Organization Center for the purchase of medicines, medical devices, medical equipment, personal protective equipment and disinfectants by the healthcare organizations.
MayDevelopment Bank expanded the line of loan products with a new product - “Support for manufacturers of medical protective equipment and medical technical equipment during the spread of COVID-19”.
Development Bank has become the General Partner of the contest “Man of Business: Successful Start-2020”.
The Development Bank has launched its corporate page in Facebook.
The international rating agency FitchRatings affirmed a long-term credit rating for Development Bank as B with a Stable Outlook.
JuneChairman of the Management Board of the Development Bank Andrey Zhishkevich gave a detailed interview for the program “Meaning of Life” of Belarus-1 TV channel.
The international rating agency S&P Global Ratings affirmed the long-term and short-term credit ratings of the Development Bank of the Republic of Belarus at “В/В” (outlook stable).
Development Bank’s Chairman of the Management Board gives Interview to “Respublika” Newspaper and SB.by.
July
Chairman of Development Bank’s Management Board Andrey Zhishkevich partakes in opening of new facility at Dubrovno Flax Mill. The facility was built with the loan from the Development Bank and the company's own funds.
In Vitebsk, with the participation of the President of the Republic of Belarus Aleksandr Lukashenko, was held the opening ceremony of “Polotsky” overpass, reconstructed with loan from Development Bank.
The Development Bank, in accordance with Government Decision No. 414 dd. July 10, 2020, received the mandate to independently select commercial investment projects for financing.
JSC Development Bank of the Republic of Belarus and ASB Leasing LLC signed a General Agreement on the procedure for interaction within the framework of expanding the access of small and medium-sized enterprises to financing.
August
Development Bank raised EUR 20 million credit from Banca Intesa (a Russian subsidiary bank of Intesa Sanpaolo Group).
Development Bank and JSC Promagroleasing signed the Agreement on Cooperation within the frames of increasing SMEs’ access to financing.
Development Bank completed tender selection of investment projects for construction of commercial dairy farms with the new type of state support.
September
Development Bank and Belarusian Innovation Fund Have Concluded a Cooperation Agreement.
Rating agency S&P Global Ratings affirmed the “B” credit rating for the Development Bank with revision of the Outlook.
Development Bank Management Participated in Turov Cross Presentation in Minsk. Its reconstruction continued during three years with financial support from bank.
Development Bank delegation participated in opening of the Belarusian Center of Agricultural Machinery in Harare (Republic of Zimbabwe).
OctoberDevelopment Bank receives awards from Association of Development Financial Institutions of Asia and Pacific: an award in the Trade Development category, in the Best Export Financing Program category, and a special prize for partner organizations.
NovemberRating agency Fitch Ratings affirmed the Development Bank credit rating as “B” with revision of the Outlook.
DecemberDevelopment Bank of the Republic of Belarus, Eurasian Development Bank, VEB.RF and Development Bank of Kazakhstan signed a memorandum on cooperation between development institutions of the countries-members of Eurasian Economic Union.
On New Year’s Eve the Chairman of the Management Board of the Development Bank visited the sponsored Minsk children’s home No7 Sem’Ya and congratulated the pupils with the coming holiday season.
