OREANDA-NEWS. On March 13, 2009 Russian Agricultural Bank and Belagroprombank, Republic of Belarus, signed Cooperation Agreement, reported the press-centre of Russian Agricultural Bank.

In the framework of the Cooperation Agreement the banks will boost bilateral economic relations in line with current intergovernmental agreements between the Russian Federation and the Republic of Belarus. The Banks will also exchange experience in the areas of banking operations and international trade development.

The core lines of cooperation set in the agreement are joint syndicated lending of investment projects, development of settlement operations between RAB and Belagroprombank, mutual opening of credit lines, and raising funds for investment projects implementation in agribusiness, including food and processing industry.