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14 Sep 2015

Development banks of Belarus, Vietnam to cooperate

MINSK, 14 September (BelTA) – OAO Development Bank of the Republic of Belarus and the Vietnam Development Bank have signed a framework agreement on cooperation, the press service of the Belarusian bank told BelTA.

The document is designed to enable cooperation between the two development institutions in the financial and banking areas. It will contribute to more vigorous joint investment activities and mutual trade.

The source specified that the document was signed to build up on the agreements reached when DBRB Chairman of the Board Sergei Rumas took part in the annual meeting of the Association of Development Financing Institutions in Asia and the Pacific (ADFIAP) in Nha Trang, Vietnam in May 2015.

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