BELARUSKY NARODNY BANK
Status: Completed investmentWhy disclosure?
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In case of questions
In case of questions, please contact us at disclosure@fmo.nl
Disclaimer
The information as disclosed is indicative and provided on an "as-is/as available" basis for general informational purposes only and should not be construed as financial, legal or investment advice, nor as a commitment or an offer to arrange or provide any financing. The final decision to provide financing is subject to the terms and conditions of FMO in its sole and absolute discretion. When providing links to other sites, FMO bears no responsibility for the accuracy, legality or content of the external site or for that of subsequent links. The information on proposed investment for high-risk investments is made available in the language relevant to the country or region where the bulk of operations take place. Translations of any information into languages other than English are intended as a convenience for local stakeholders. In case of any discrepancy, the information provided in English will prevail.
Who is our customer
Belarusky Narodny Bank (BNB) is a medium-sized bank that focuses on supporting private micro, small and medium enterprises (MSME) clients in Belarus.
What is our funding objective?
This loan will facilitate further access to finance to underserved Belarusian MSMEs and hence supports private sector development in Belarus.
Why do we fund this investment?
The proposed loan will increase long term funding available for MSMEs and also supports a well-run, privately owned, bank.
- Region
- Europe & Central Asia
- Country
- Belarus
- Sector
- Financial Institutions
- Effective date
- 8/9/2016
- End date
- 2/27/2018
- Total FMO financing
- USD 5.00 MLN
- Funding
- FMO NV
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Risk categorization on environmental and social impacts, A = high risk, B+ = medium high risk, B = medium risk, C = low risk
Environmental & Social Category
(A, B+, B or C) - B