OREANDA-NEWS. An international bank consortium of Commerzbank Aktiengezellschaft (Germany) and Komercni banka a.s. (Czech Republic) will have their €58.65 million loan to Belarus' state-owned Newsprint Mill (Mogilev Region) secured by the Government of Belarus.

Technically, the newsprint mill took out the loan from OAO Belarusbank in the 2013-2015 period.

The credit will be there to support an investment project to manufacture base paper used for producing decorative facing materials.

Belarusbank acts as the agent bank for credit deal.