26 July 2019

Development Bank’s Activities Results for First Half of 2019

On July 25, 2019, a meeting of the Management Board was held at the Development Bank with the participation of the heads of all branches and departments of the Bank. During the meeting, the results of the Bank's activitiees were reviewed, and an assessment was made of the prospects for the implementation of annual parameters and tasks identified by the highest management bodies.
24 July 2019

Support of Social Entrepreneurship, New Vector in Development of Business Initiatives

In July 2019, the Bank Dabrabyt financed the first project on the product “Support for Social Entrepreneurship” from the resources of the Development Bank. Under the Program for Financial Support for SMEs, resources for the Social Entrepreneurship Support product are provided by Exclusive JLLC, whose main activity is the production of base paper and finished sanitary goods. The resources received by Exclusive JLLC will be used to purchase equipment - an automatic packer for paper.
17 July 2019

The Development Bank to Hold Round Table on Entry of Belarusian Companies to Italian Markets

The Development Bank, the National Center for Marketing and Price Study, and the REVERA Law Firm invite heads of companies in the real sector of the economy interested in developing relations with the Italian markets to a round table on July 24 (10:00 - 13:30) at the Development Bank. Participants will meet with experts from Belarus and Italy, learn about the existing mechanisms for supporting Belarusian exports and the Development Bank's ability to finance investment projects.
16 July 2019

Development Bank Continues Expanding Circle of Partners in Program for Financial Support of SMEs

In the framework of the Program of financial support for small and medium-sized businesses, the Development Bank signed an Agreement with JSC ASB Belarusbank, according to which SMEs can apply to Belarusbank for financing in Belarusian rubles for the purchase (reconstruction, modernization, construction, capital repair) of fixed assets and/or financing of costs for the acquisition of intangible assets (franchise) for industrial, trading or service activities (Product catalogue in the program).
12 July 2019

II Republican Contest Plein-Air Masters of Woodcarving "Wood Transformation" Held With Development Bank’s Support

From July 5 to July 12 the II Republican contest, plein-air of woodcarving masters "Reincarnation of Wood"is taking place at the recreation center "Verbka" (Mogilev region, Bobruisk district). The competition is held to increase the importance and prestige of the profession of woodcarvers, to support the creative activity of woodcarving masters, to draw attention to the industry, to identify talented craftsmen, to develop eco-tourism and an active lifestyle.
10 July 2019

Development Bank Partakes in Review of World Bank’s Investment Portfolio in Republic of Belarus

In October 2017, the Development Bank and the World Bank signed a loan agreement in the amount of 60 million dollars to implement the “Expanding Access to Financing Micro, Small and Medium-Sized Enterprises in the Republic of Belarus” project by placing foreign currency deposits in partner banks of the project to finance small and medium-sized businesses. The goal of the project is to provide credit resources to individual entrepreneurs, micro-organizations, small organizations and medium-sized businesses in order to finance working capital or to acquire (reconstruct, modernize, build, overhaul) fixed assets for their production, trading or service activities.
5 July 2019

Development Bank Awards Winners of Annual Competition Person of Business - 2019

Yesterday, the award ceremony for the Person of Business - 2019 was held at the Palace of the Republic, the main partner being the Development Bank. In the business community, the Person of Business is called the Oscars ceremony for Belarusian businesspeople. For many years, it has been actively supported by state structures and business unions, which take an active part in the nomination of candidates. This year, 150 recommendations came from the relevant ministries, executive committees, business unions, and the jury determined the names of 12 laureates.
4 July 2019

Development Bank Partakes in Belt and Road Regional Cooperation and Development Forum

July 2, 2019, the Development Bank takes part in the Belt and Road Regional Cooperation and Development Forum organized at the site of the Great Stone Chinese-Belarusian Industrial Park. The forum was held with the support of the Ministry of Economy of the Republic of Belarus and the Ministry of Commerce of the People’s Republic of China. The co-organizers were the Belarusian Chamber of Commerce and Industry, the Foreign Trade Promotion Bureau of the Ministry of Commerce of the People's Republic of China, the administration of the industrial park Great Stone, the National Agency for Investment and Privatization, CJSC Company for the Development of Industrial Park.