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9 Jul 2018

Belarus Development Bank to raise Br245m in share capital

MINSK, 9 July (BelTA) – The share capital of the Development Bank of Belarus will be augmented by Br245 million. These plans were formalized by Decree No. 272 that was signed by Belarusian President Alexander Lukashenko, BelTA learned from the press service of the Belarusian leader.

The share capital will be increased using the surplus of the national budget that was posted on 1 January 2018. Br200m of the funds will be earmarked for the share capital of the Promagroleasing company.

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