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The Asia-Pacific Bank and the Development Bank of the Republic of Belarus have concluded an agreement on the provision of export credits
Continuing the development of cooperation between the Republic of Belarus and the Amur Region of the Russian Federation, the Asian-Pacific Bank (OJSC) and the Development Bank of the Republic of Belarus entered into a Framework Agreement on general conditions for the issuance of export loans under the guarantee coverage of the export credit agency BRUPEIS (Belarusian Republican Unitary Enterprise Export and import insurance) "Beleximgarant" - said the press service of OJSC "Asian-Pacific Bank"
The implementation of this agreement opens new opportunities for corporate clients of the Asia-Pacific Bank to obtain preferential financing for the acquisition of goods, works and services from residents of the Republic of Belarus. The amounts of individual loans under the agreement begin from 1 million US dollars and are limited to the amount of risks to the importer that the Asian-Pacific Bank takes. Maturity dates range from one to five years.
The Asia-Pacific Bank is already accredited by a number of national export credit agencies, and also cooperates with major international banks (IFC, EBRD) and foreign commercial banks. This allows him to successfully develop the direction of medium-term and long-term financing and to provide the Bank's customers with payment for the import of investment goods and services from almost any country that has a national export credit agency.
Statement of the Bank:
Asian-Pacific Bank (OJSC) has been operating on the Russian market for 22 years (until 2006 - CJSC Amurpromstroybank).
Provides a full range of banking products and services for individuals and legal entities.
The branch network of ATB includes 318 units in 160 settlements of 18 regions of the country.