OREANDA-NEWS. December 12, 2008. This October Belgazprombank and Minsk City Executive Committee signed an agreement for funding Minsk-based small businesses. Under the agreement, Belgazprombank will lend funds to both corporate clients and private entrepreneurs, reported the press-centre of Belgazprombank.

We offer low-doc loans at competitive rates.

The bank provides companies with loans and credit lines for funding their investment projects or for increasing circulating capital.

Applicants whose business is associated with the following activities will be given priority when considering loan applications:

Production of goods to be exported or to substitute imports,

Introduction of new technology and innovation,

Socio-economic investment projects,

Energy and resource saving,

Job creation.

We issue secured loans:

- collaterals;

- co-signers;

- security deposits.

Loan terms:

- amount – max 500,000,000 BYR;

- rate – 10.2% per annum;

- repayment – after 12 months if used to enlarge circulating assets, after 24 months if used for funding investment projects;

- payments – by monthly installments.