Belarusian leasing companies likely to receive more funding
The European Bank for Reconstruction and Development (EBRD) has stated that it is considering an increase of project financing as well asincreased cooperation in the banking and financial sectors in Belarus in 2009. The EBRDs credit portfolio in Belarus is likely to include more leasing companies in the future, according to Valdas Vitkauskas, head of the EBRD office in Belarus.
The European Bank for Reconstruction and
Development (EBRD) has stated that it is considering an increase of
project financing as well as increased cooperation in the
banking and financial sectors in Belarus in 2009.
The EBRD’s credit portfolio in Belarus is likely to include more
leasing companies in the future, according to Valdas Vitkauskas,
head of the EBRD office in Belarus.
“It is quite possible that next year the financing will be
increased,” explained Vitkauskas. The EBRD will also continue to
work in Belarus under the microfinance programme. “It is difficult
to say what share microfinance takes in our cooperation. As of
today, we have approved $25 million (€17.2 million) of
financing.”
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