ANNOUNCEMENT 24 Aug 2011In August 2011, the government of Belarus announced a change in private-sector financial support.
NUMBER OF INTERVENTIONS
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
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 The guarantee was withdrawn on March 1, 2012.