BELARUS NEWS AND ANALYSIS

DATE:

26/08/2008

Rosbank established credit limits to the Belarus companies

OJSC "Rosbank" established the credit limits to 28 largest Belarus enterprises to $1.4bln. It is spoken about in the materials of the Belarus embassy in Russia.

The sum of the granted credits makes $529.3mln.

Besides, now the bank Societe Generale (France) spends works on organization of direct financing to the Belarus enterprises, is spoken in the report, referring to CJSC "JSCB "Belrosbank".

CJSC "JSCB "Belrosbank" is the affiliated bank of Russian OJSC "JSCB "Rosbank". The control share holding of Rosbank belongs to the French bank group Societe Generale. Now Societe Generale - the third largest corporate and investment bank in Europe with the size of actives of more than 950bln euro and own capital in 33.4bln euro.

Belrosbank maintains correspondent relations with 93 Belarus and foreign banks.

Source:

http://www.akm.ru/eng/news/2008/august/26/ns2452494.htm

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