Support to small and medium enterprises (SMEs) is one of the main goals of the Development Bank. Since August 2014 the Bank has been successfully realizing the program of financial support to SMEs with gradual introduction of additional mechanisms - financing through leasing organizations, raising long-term resources from international institutions.
The main objective of the program is to ensure and enlarge access for SMEs to credit resources, as well as to conducting financial lease (leasing) operations for realization of investment projects at different stages of their business development.
The key program’s instrument is granting credits at an affordable price and with transparent and clear requirements to borrowers.
The areas where the Development Bank renders support to SMEs are not constant and change depending on the priority government goals. During the period of the program functioning the Development Bank basing on the international practice and within the frames of the core areas of social and economic development of the country in general and small entrepreneurship in particular, has been introducing new credit instruments for various SMEs categories (support to start-up companies, to exporting enterprises, ecological projects, etc. - See the section Catalogue of products). The Bank regularly differentiates the products range in line with priority areas of SMEs development in the Republic of Belarus.
Starting from 2020 apart from investment projects financing the Development Bank also provides the SMEs with the possibility of getting financial support for current operations financing.
Practical implementation of the program is carried out with the participation of commercial partner banks and leasing companies that have experience in cooperation with small and medium enterprises and implies the use of a two-level system:
on the first level the Development Bank provides financial resources to partner banks and leasing companies, selected by established criteria;
on the second level the partner banks and leasing companies select borrowers under the criteria agreed upon with the Development Bank, evaluate their financial condition and proposed projects, and take decisions as to financing.
There are 12 partner banks participating in the program: (JSC “Belgazprombank”, JSC “Belinvestbank”, JSC JSSB “Belarusbank”, JSC "Belagroprombank", CJSC “MTBank”, JSC “BNB-Bank”, "Priorbank JSC", CJSC “Alfa-Bank”, CJSC "BTA Bank", JSC “Bank Dabrabyt”, JSC "Paritetbank", JSC "Reshenie Bank") and leasing companies JSC Promagroleasing, JLLC Raiffeisen–Leasing, LLC ASB Leasing, LLC Intellect Leasing, JSC Agroleasing, FLLC Mikro Leasing.