BDB Arranges for Belarus' Investment Forums in NY, London
OREANDA-NEWS. OAO Belarus Development Bank (BDB) will assist in arranging for Belarus' investment forums in New York and London scheduled for September 22 and November 14, respectively, the bank said in an official release.
The forums are designed to enlighten the international business community about business opportunities in Belarus.
Representatives of political circles and business communities, scientists, journalists of prominent international media have been invited to attend the venue, which targets primarily investment funds and financial institutions.
Belarus' delegation to the forum will be spearheaded by a vice premier of the Belarusian government in the company of key ministers and representatives of the Development Bank.
The Development Bank was established on June 21, 2011 after Belarusian President Alexander Lukashenko signed ordinance #261 to create open joint-stock company Bank of Development of the Republic of Belarus.
The Development Bank is Belarus' agent bank to service and repay state loans and external loans attracted against a government security and extended to finance projects included in state programs.
The government holds a 94.518% stake in the Development Bank of Belarus, the share of OAO Belaruskali stands at 5.465%, the National Bank of Belarus - 0.0017%.
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