Belarus: Belagroprombank to take out NEFCO loan to finance environment projects

OAO Belagroprombank is planning to attract the loan of the Nordic Environment Finance Corporation (NEFCO) to sponsor environmental projects. The relevant agreement was signed by the bank and NEFCO on September 28, in Minsk. The Nordic Environment Finance Corporation (NEFCO) is an International Financial Institution established by the Nordic Governments in 1990. NEFCO provides results-based…

Belarus: EBRD to help pre-privatize five enterprises

The European Bank for Reconstruction and Development (EBRD) has received an application from the Belarusian government with a request to provide pre-privatization services for five prominent enterprises, Francis Delaey, the EBRD’s Head of Office in Belarus, reported. The EBRD has received an inquiry from the Belarusian government with a request to assist in pre-privatizing five…

Belarus: EU to double support of projects

The European Union (EU) has announced the doubling of the bilateral assistance package in support to private sector development and strengthening institutions in Belarus from 14.5 million euro in 2015 to 29 million euro in 2016. The EU Representative Office in Belarus posted a message to this effect on its official web site. The funding…