Belarus: Belinvestbank takes subordinated loan from EBRD
The Belarusian bank OAO Belinvestbank received EUR 50 million as a subordinated loan from the European Bank for Reconstruction and Development (EBRD) on December 18, the Belinvestbank press service declared. The money was transferred as part of the arrangements made when EBRD President Suma Chakrabarti visited Belarus in September. It is a unique deal for…