CDB provides $50 million loan to support SMEs in Belarus (Linked to Project ID#66783)
Commitment amount
$ 56113778.47894762
Adjusted commitment amount
$ 56113778.48
Constant 2021 USD
Summary
Funding agency [Type]
China Development Bank (CDB) [State-owned Policy Bank]
Recipient
Belarus
Sector
Business and other services (Code: 250)
Flow type
Loan
Level of public liability
Other public sector debt
Infrastructure
No
Category
Project lifecycle
Geography
Description
On May 10, 2015, China Development Bank opened a $300 million credit line with Belarusbank — a state-owned bank — to finance an unspecified set of infrastructure projects in Belarus (captured in Project ID#66783). CDB subsequently approved a $50 million subsidiary loan under this credit line to support small- and medium-sized enterprises (SMEs) in Belarus. The borrowing terms of this loan are unknown.
Additional details
The Russian project title is специальный транш для малого и среднего бизнеса. This CDB loan is not included in the Overseas Development Finance Dataset published by Boston University’s Global Development Policy Center in December 2020.
Number of official sources
3
Number of total sources
5
Details
Cofinanced
No
Direct receiving agencies [Type]
Belarusbank [State-owned Bank]