ANNOUNCEMENT 24 Aug 2011

In August 2011, the government of Belarus announced a change in private-sector financial support.

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising

SOURCE



Government Decree 1433 of August 24, 2011

List of Representative Offices of Foreign Banks in the Republic of Belarus
as of 05.11.2012, http://www.nbrb.by/engl/system/fbanks.asp


Inception date: 24 Aug 2012 | Removal date: 24 Mar 2013
Still in force

Loan guarantee

With Government Decree 1433 of August 24, 2011, Belarus provided a state guarantee of $26 millionto 'Belvnesheconombank' Open Joint Stock Company (Bank BelVEB OJSC). The purpose of this guarantee is to cover the foreign currency denominated loans (principal and interest payments included), extended by Bank BelVEB OJSC to the Republican Association 'Belagroservice'. The guarantee was withdrawn on March 1, 2012. 

AFFECTED SECTORS

 

AFFECTED PRODUCTS

 
N/A