Large Belarusian bank Belarusbank has signed a framework agreement with Germany's Bayern LB for a credit of 20 million euros, the Belarusian banks said in a press release. The German bank will provide Belarusbank with tied long-term resources to finance supplies of machinery and equipment to Belarussian companies. State-controlled Belarusbank was in 16th place in 2005 in the Interfax-1000 rating of CIS banks by assets and in first place among 30 banks in Belarus. ...

This story is part of New Europe's Premium content.

To Read the Full Story, Subscribe or Sign In from the ↑ Top of the Page ↑
new europe join now