Commentary to Decree No. 36 of 3 February 2017

    On 3 February Belarus President Aleksandr Lukashenko signed Decree No.36 on taking out an external loan.

    The document authorizes OAO ASB Belarusbank to borrow $100 million from the China Development Bank as an external loan with a view to financing routine operation of the Belarusian bank.

    It is the first untied loan a Belarusian commercial bank will take from a Chinese partner.