OREANDA-NEWS. April 15, 2011. BPS-Bank and Eurasian Bank for Development signed Memorandum of cooperation. This Memorandum provides for extension of business cooperation between the banks and efficient utilization of available potential to expand volumes of financing, including EABD financing of investment projects of enterprises of the Republic of Belarus, joint long-term financing of investment projects of Belarusian companies and enterprises of other members of EABD.

Key directions of cooperation under the Memorandum are arrangement of financing and co-financing of investment projects of enterprises of the Republic of Belarus, exchange of information about financing of investment projects, expert advisory to participants of investment projects on financing issues.

Particular terms of participation of the parties under the Memorandum will be negotiated on the case by case basis and stipulated in the respective agreements to be concluded between the parties.