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Development Bank announced a unique offer: export loans up to 100% of the contract value

A specialized financial institution JSC Development Bank of the Republic of Belarus opened export loans for non-residents of the Republic of Belarus in the amount of up to 100% of the value of the export contract for loans for up to 1 year and up to 85% in other cases. Loans are provided to pay for goods (works, services) provided by residents of the Republic of Belarus.

Development Bank export loans are a unique opportunity for Belarusian exporters to ensure active promotion of their goods and services at foreign markets through financial support of their customers on preferential terms determined by Decree of the President of the Republic of Belarus of August 25, 2006 No. 544 "On promoting the development of export of goods (works, services)". 

The minimum amount of export credit is reduced and amounts to only 200 thousand US dollars. A loan can be issued in dollars, euros, Russian and Belarusian rubles for a period of up to 5 years (for large projects it can be increased up to 10 years).

Fixed interest rate:

  • in US dollars - 2.63%, euros (0.38% (CIRR rates) on loans for up to 5 years);
  • in Russian rubles - 2/3 of the key rate of CBRF;
  • in Belarusian rubles - 2/3 of the refinancing rate of NBRB.

The required security is Beleximgarant compulsory insurance coverage. In some cases, additional security may be required: third-party guarantee, bank guarantee, guarantee of local authorities, etc.

There is also the possibility of financing through export loan the full amount of the insurance premium, import customs payments, including VAT (up to 30% of the value of the export contract).

If interested, please contact the specialists of the branch of the Development Bank of the Republic of Belarus in Grodno: