OREANDA-NEWS. On 27 March 2009 was announced, that the CIS has set up the Eurasian Association of Agricultural Credit, based in Belarus.

According to Chairman of the Board of OAO Belagroprombank Sergei Rumas, the meeting approved the charter of the association, its strategic objectives and elected its governing bodies.

The Eurasian Association of Agricultural Credit is a non-profit association of a dozen agro banks, credit organizations and companies, whose activities are connected with agribusiness.

Rumas also told reporters about an agreement between OAO Belagroprombank and Russia’s OAO Rosselkhozbank.

“Our banks are closely connected, and the agreement will create preconditions for further expansion and deepening of relations between the banks and economic entities of Belarus and Russia. We will exchange economic information, train personnel and exchange experience,” Rumas said.