The Development Bank has entered into a long-term cooperation in the sphere of export financing with a range of leading foreign banks in the countries that account for considerable volume of goods (works, services) exported from Belarus or have prospects for its increase in the future.
Advantages of interbank export financing:
compliance with the best international standards of granting foreign credit lines under insurance coverage of Export Credit Agencies (ECA);
attractive cost of financing;
quick and simplified procedure of obtaining a credit;
strong business ties between the Development Bank and banks from a variety of countries.
The Development Bank has entered into export credit agreements with banks of such countries as Russian Federation (JSCB “Novikombank”, “Asian-Pacific Bank” (PJSC), JSC “Bank of Khanty Mansiysk”), Mongolia (XacBank), Vietnam (Vietnam-Russia Bank), a range of South-Eastern African countries including Burundi, Egypt, Ethiopia, Kenya, Tanzania, Uganda, Zambia, Zimbabwe and other countries (PTA Bank). The Development Bank also reached agreements on possibility of organizing export financing with banks of other countries and regions.
Terms and conditions of granting of interbank export credits for purchasing Belarusian goods (works, services)