Commentary to Decree No. 186 of 15 April 2013

    President of the Republic of Belarus Aleksandr Lukashenko signed Decree No. 186 “On introducing additions to Decree No. 276 of the President of the Republic of Belarus of 2 June 2009” on 15 April.

    The document aims to develop the loan system in the Republic of Belarus.

    In line with the decree, the Eurasian Development Bank will serve as a charge holder of private land plots and has the right to lend land plots subject to mortgage in case the aforementioned bank concludes loan agreements with the residents of the Republic of Belarus.
    The decree enters into force after its official publication.