Add to favorite
Subscribe to our Newsletters Subscribe to our Newsletters Get Daily Updates RSS

Belarus Does Not Refuse $2 Bln Sberbank Loan for JSC Belaruskaliy
30.08.2011 12:08
Belarus Does Not Refuse $2 Bln Sberbank Loan for JSC Belaruskaliy

The Belarus authorities do not refuse obtaining a $2 bln loan from Sberbank and Deutsche Bank for the state company Belaruskaliy.

But they try to agree to get the credit on security of export contracts but not the holding of shares as Sberbank asks, said Belarus Prime Minister Mikhail Myasnikovich on Monday.

“We are working on changing terms and conditions, including the right of advanced repayment. This loan might be got on security of export contracts,” said the Prime Minister.

Last week Sberbank and Deutsche Bank offered Belaruskaliy a $2 bln loan on security of export receipts and 35% Belaruskaliy shares.

Belarus can’t get the second credit tranche in the amount of $400 mln out of $3 bln from the Eurasian Economic Community in November.

JSC Belaruskaliy is one of the largest producers of potassium mineral fertilizers in the world.

Author: Irina Fomina

Tags: Belarus Sberbank Russian business   

Next Previous

You might also find interesting:

Sergei Ivanov Has Become the President of Alrosa
Sberbank and the Federal Antimonopoly Service Will Implement Blockchain Technology
Sberbank Will Create Biometric Identification Platform Together With VisionLabs
Imports Of Goods to Russia Increased
Sberbank Gives Lectures On Coursera

comments powered by Disqus

Comment on our site

RSS   twitter   facebook   submit

Bookmark and Share

Russian Parliament in Action

search on the map
Russian Cinema  Tula Region  Pavel Chukhrai  space  Mamin-Sibiryak  Exhibition  Lyubov Sokolova  Mercedes-Benz Fashion Week Russia  Russian Literature  Russian tourism  Tryokhgorny  Voronezh   Pussy Riot  Central House of Artist  Concerts in St. Petersburg  Russian television  Ivanovo Region  Russian fashion  Archeology  Russian opera  Baikal  Cyprian Art  All-Russian State Institute of Cinematography  Fairs in Moscow  biathlon  Russian business  Krasnoyarsk Territory  Gorely Volcano  Exhibitions in Moscow  Russian churches  Museums of Vologda  fashion illustrators  Finds  Bryansk Oblast   Russian physics  Folk Arts  Valentin Yudashkin  Russian history  Russian spacecrafts  Moscow  The Museum of Everything  Russia Calling  Chelyabinsk meteorite  Painting  Andronaut  Forex  Murmansk  Russian Theater  Renova  Theatre Festivals 

Travel Blogs
Top Traveling Sites