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Press-center

27.01.2021
15:32

BelVEB will act as an agent bank on the projects financed by Eximbank of Russia

Eximbank of Russia JSC and BelVEB Bank JSC establish a new format for financing the export of Russian goods and services to Belarus under the framework agreement, signed by the financial institutions.

As an agent bank, BelVEB Bank will search for projects involving the purchase of goods and services from the Russian Federation, and organize their financing within the special programs to support Russian high-tech exports, implemented by Eximbank of Russia JSC jointly with the Ministry of Industry and Trade of the Russian Federation and Russian Export Center JSC.

Eximbank of Russia JSC, being a creditor bank, will provide loans directly to the Belarusian buyers of Russian products. BelVEB Bank will provide agency support for the concluded credit transactions.

The new format of interaction opens an additional channel that provides Belarusian companies with direct access to financing under the special state programs to support Russian exports.

Eximbank of Russia JSC and BelVEB Bank JSC have been cooperating for more than 5 years. During this period, they arranged the financing of 36 projects. And now new transactions financing is underway.

BelVEB Bank plays a key role in the implementation of Russian-Belarusian integration projects, financed with the participation of the VEB.RF Group in the Republic of Belarus.