News/Press

Belarusian government approves conditions for SME guarantee funds
Belarus
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21/10/2016
The Belarusian Ministry of Economy has approved the operational conditions for the distribution of funds that will provide lenders a guarantee for credits given to small and medium sized enterprises (SMEs). The proposed operational conditions will provide tax exempt status to all funds designated as a loan security for SMEs. The purpose of the proposal is to protect non-profit organisations,...
EBRD implements 245 SME consultancy projects
EBRD implements 245 SME consultancy projects
Belarus
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19/10/2016
The European Bank for Reconstruction and Development (EBRD) says it has implemented 245 projects in Belarus that provide consultancy services to SMEs In the framework of its SME consultancy programme in Belarus, the EBRD not only provides full administrative support, but also covers up to 90% of the cost of consultancy services, thanks to donor funding from the EU and other institutions. Working...
Sustainable energy and women entrepreneurs
Belarus
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27/09/2016
The European Bank for Reconstruction and Development (EBRD) has launched new credit facilities worth €10 million to support sustainable energy projects and women entrepreneurs The Bank is stepping up its investments in Belarus by extending new credit lines of up to €10 million to Belinvestbank. The two credit facilities consist of an €8 million credit line under the Belarus Sustainable Energy...
New EU support for private sector development
New EU support for private sector development
Belarus
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19/09/2016
The European Union has announced the doubling of the bilateral assistance package to Belarus to €29 million in 2016 The funding package has doubled from €14.5 million in 2015 to €29 million in 2016, with the aim of boosting private sector development and strengthening institutions in the country. Funding will be provided to strengthen private sector development (€14 million) by contributing to...