Translated version of this PSD: Russian
The EBRD is considering a USD 15 million senior loan to Belinvestbank (‘BIB’) for on-lending to micro, small and medium-sized enterprises (MSMEs) and a USD 10 million TFP limit.
The loan will assist BIB to expand its lending activities to private sector Belarusian MSMEs, including in the regions outside Minsk.
TFP limit will allow BIB to support trade finance transactions of its privately owned clients in the area of intraregional and international trade finance including pre-export, post-import, and local distribution of goods and services.
The MSME loan will increase supply of medium-term funding and will allow an increasing number of MSMEs, including in less developed regions of Belarus, to have access to bank financing. New products and services for MSMEs will support financial sector deepening.
BIB is a state owned bank in Belarus ranking fourth by total assets (USD 1.9 billion) as of 1H 2010. The Government of Belarus is committed to BIB’s full privatisation which would involve a sale of a controlling stake of the bank to a strategic investor.
MSME loan of up to USD 15 million
USD 25 million.
Categorised FI. BIB is in compliance with national environmental, health and safety and labour regulations. BIB will be required to further align internal policies and procedures to comply with EBRD's Performance Requirements for Financial Institutions (specifically, PR2: Labour and Working Conditions and PR9: Financial Intermediaries). In line with these BIB will be required to adhere to the EBRD's Environmental and Social Exclusion and Referral Lists and to implement the relevant EBRD's Environmental and Social Procedures from the eManual, specifically for Corporate Lending, Small and Micro Loans and Trade Finance. BIB will also be required to submit annual environmental and social reports to the Bank.
BIB will be eligible to receive support under the “Belarus: MSME Credit Advisory Services” technical co-operation programme funded by the EU Neighbourhood Investment Facility. The programme assists EBRD partner banks in Belarus to develop and strengthen their institutional capacities for efficient operations
Mr. Nikolai Narut
Head of International Division
phone: 375 17 289-28-18
Mr. Andrei Dzhumkov
Head of Financial Institutions Department
phone: +375 17 289 28 99
fax: +375 17 289 35 22
For business opportunities or procurement, contact the client company.
EBRD project enquiries not related to procurement:
Tel: +44 20 7338 7168
Public Information Policy (PIP)
The PIP sets out how the EBRD discloses information and consults with its stakeholders so as to promote better awareness and understanding of its strategies, policies and operations. Please visit the Public Information Policy page below to find out how to request a Public Sector Board Report.
Text of the PIP
Project Complaint Mechanism (PCM)
The Project Complaint Mechanism (PCM) is the EBRD's accountability mechanism. It provides an opportunity for an independent review of complaints from individuals and organisations concerning EBRD-financed projects which are alleged to have caused, or are likely to cause, environmental and/or social harm.
Please visit the Project Complaint Mechanism page to find information about how to submit a complaint. The PCM Officer (email@example.com) is available to answer any questions you may have regarding the submission of a complaint and criteria for registration and eligibility, in accordance with the PCM Rules of Procedure.