Belarus raises ?70mln loan from ABN AMRO
06.12.2007
Belarus raised a ?70 million loan from ABN AMRO, Finance Minister of Belarus Nikolai Korbut told a press conference on December 6.
When speaking about receiving a $1 billion loan from Russia, Nikolai Korbut noted the question should be addressed to the Russian side that earlier stated that it was technically possible. The Belarusian side has followed all necessary procedures for this purpose. Everything will be clear after December 25, the minister underlined.
According to the official, Belarus is holding talks with Noruma Bank on arranging a loan as well. Nikolai Korbut did not mention the exact sum of the credit.
Moreover, the minister underlined, in early 2008 Belarus will conduct talks with Bayern LB on attracting a new syndicated loan to the tune of $50 million. In December 2006 Belarus raised a ?65 million syndicated loan and paid it off in December 2007. Belarus’ Finance Ministry intends to attract a new syndicated credit on more preferential terms, Nikolai Korbut stressed.