Rosbank acted as an organizer of a 60 million euro syndicated loan to Belarusbank

    29 July

Belarusbank, the largest universal systemic financial and credit organization of Republic of Belarus, originated a syndicated loan of the total amount of 60 million euro on July 27. Rosbank acted as one of the leading organizers of the deal.

Syndicated lending will be granted via tranches for a period of up to 1,5 years. Belarusbank  plans to use received funds for general corporate issues and the financing of clients’ trade contracts.

9 financial institutions, including Rosbank, acted as the organizers of the deal.

“We appreciate the trust given to Rosbank by the largest bank of Republic of Belarus. The aim of the deal is to support business activities of our partner in the current unstable conditions and it was made using the expertise of Societe Generale Group, one of the largest financial groups in Europe. We hope that this deal will be the guarantee for our further fruitful partnership”, said Perizat Shaikhina, First Deputy CEO of Rosbank.