Last Updated May 18, 2011
Belarusbank attracts German money
Minsk’s Belarusbank has signed a US$40mn credit facility with three German banks and Euler Hermes to onlend to furniture manufacturer Gomeldrev.
Gomeldrev will use the funds to purchase medium density fibreboard equipment from German firm Siempelkamp Maschinen und Anlagenbau.
Ausfuhrkreditgesellscahft, Commerzbank and Landesbank are lending the money.
Reader Comments