Overview

CDB provides $50 million loan to support SMEs in Belarus (Linked to Record ID#66783)

Commitments (Constant USD, 2023)$52,309,919

Commitment Year•2015Country of Activity•BelarusDirect Recipient Country of Incorporation•BelarusSector•Business And Other ServicesFlow Type•Loan

Status

Project lifecycle

Implementation

Pipeline: PledgePipeline: CommitmentImplementationCompletion

Timeline

Key dates

Commitment date: May 10, 2015

Geospatial footprint

Map overview

Visualizes the AidData-provided feature geometry for this project.

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China Development Bank provides a $50 million loan to Belarusbank. More detailed locational information can be found at https://www.openstreetmap.org/way/165289812.

Stakeholders

Organizations involved in projects and activities supported by financial and in-kind transfers from Chinese government and state-owned entities

Ultimate beneficial owners

At least 25% host country ownership

Funding agencies

State-owned Policy Banks

China Development Bank (CDB)

Receiving agencies

State-owned Banks

JSC JSSB Belarusbank

Loan description

CDB provides $50 million loan to support SMEs in Belarus

Interest type•Unknown

Narrative

Full Description

Project narrative

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 Record 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.

Staff comments

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.