Belarusbank repays $110m syndicated loan
OREANDA-NEWS. Belarusbank paid back a \$110 million syndicated loan on December 5, 2014. The loan deal was initiated in December 2013. Belarusbank fully and timely fulfilled its obligations as borrower in accordance with the agreement between the bank and foreign lenders.
“The full and timely execution of our undertakings is the basic principle of cooperation between Belarusbank and foreign partners. This approach helps the bank form a positive image of a reliable borrower, as well as a favorable history of presence on the international market. These characteristics are very important for the bank as member of the international finance system, since they determine the possibility of new large-scale transactions even under difficult market conditions”, - Belarusbank Chairman of the Board Siarhei Pisaryk said.
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