11 April 2019

Development Bank Awarded "Patron of Culture of Belarus 2018"

Yesterday, the ceremony of honoring the winners of the Republican campaign "Patron of Culture of Belarus 2018" took place at the residence "Dipservice Hall". For its active social position, the Development Bank was given award in the nomination “For Strengthening the Material and Technical Base of Cultural Institutions”. In 2018 with the support of the Development Bank, the National Beauty Contest Miss Belarus-2018 was organized at a high level, as well as reconstruction and restoration of historical and cultural value - the ensemble of the former Oginsky palace in the village of Zalesye, Smorgon district of the Grodno region, which causes interest as a unique monument of the history of the XVIII - XIX centuries.
5 April 2019

Seminar on Implementation of Functions of State Representatives in the Management Bodies of Business Entities Whose Shares are Owned by the Republic of Belarus Held at Development Bank

Today, a seminar on the implementation of the functions of state representatives in the management bodies of business entities whose shares are owned by the Republic of Belarus was held at Development Bank. The purpose of the seminar was to consider the organizational issues of the participation of state representatives in the management bodies of business entities, including decision-making procedures and control over their implementation.
2 April 2019

Development Bank’s New €50 Million Credit Line to Finance Belarusian Exports to West African Countries

The corresponding agreement was signed on the 2nd of April 2019 between the Development Bank and the Banque Ouest Africaine de Développement (West African Development Bank) during the visit of the BOAD delegation to the Republic of Belarus. For reference: BOAD is a financial development institute serving the countries of the West African Economic and Monetary Union, founded in 1973, whose members are Burkina Faso, Cote DʻIvoire, Guinea Bissau, Mali, Niger, Senegal, Togo, Benin, Central Bank of West African States, Morocco, France, Belgium, European Investment Bank, People’s Bank of China, Eximbank of India, African Development Bank etc.
28 March 2019

Chairman of the Management Board of the Development Bank took part in the 1st Impact Investment Forum (investments of social impact)

The investments of social impact as an innovative method for efficient mobilization of public and private capital to reach the Sustainable Development Goals as well as possibilities for impact investments in Belarus are discussed today in Minsk during the 1st Impact Investment Forum organized by UNDP in Belarus. The Forum’s purpose is to give impetus to the growth of investments of social impact and to facilitate a more active involvement of the business community into reaching of SDG in Belarus.
22 March 2019

Fourth Book-Album of Development Bank’s Social Project “Cultural Heritage of Belarus” Awarded in National Competition “The Art of the Book”

Since May 2015, the Development Bank has been implementing its own social project “Cultural Heritage of Belarus”, which is designed to promote the substantive familiarization of the wide audience with the rich culture of the Belarusian people. Within the framework of the project, the Bank carries out the annual release of books-albums devoted to outstanding phenomena and figures of national culture and art. Within the framework of the XXVI Minsk International Book Fair, the winners of the national competition “The Art of the Book” were nominated.
18 March 2019

Financing SMEs Through Resources of Khalifa Fund for Enterprise Development

In order to create a favorable business climate, expand access for small and medium-sized enterprises (SMEs) to available credit resources, support innovative developments and create new jobs, the Development Bank, under the guarantee of the Government of the Republic of Belarus, attracted a loan from the Khalifa Fund for Enterprise Development (United Arab Emirates) in the amount of $ 25 million.
14 March 2019

Financing SMEs Through World Bank Resources Now Available in Euros

In accordance with the Decree of the President of the Republic of Belarus dd. 24th of August 2017. No. 300 “On attracting an external loan and draft international treaty” in 2017, the Development Bank attracted an external loan of the International Bank for Reconstruction and Development in the amount of US $ 60 million to implement the project “Expanding Access to Financing Micro, Small and Medium-Sized Enterprises in the Republic of Belarus ".
7 March 2019

In Vitebsk the new city infrastructure facility financed by the Development Bank was opened

On March 7, 2019 the Prime Minister of the Republic of Belarus Sergei Roumas, Chairman of Vitebsk regional executive committee Nikolay Sherstnev, Chairman of the Management Board of the Development Bank Andrey Zhishkevich took part in a festive ceremony of opening a socially significant facility of the city infrastructure “Outpatient Clinic in the district YUG-7A” in Vitebsk, which was constructed on account of the Development Bank’s resources.