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.
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.