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RF Sberbank to allocate credit of $1 bln to Belarus

October 03, 2011, 13:18 UTC+3
The decision that a credit of one billion dollars will be borrowed from Sbernak of Russia on the security of Naftana shares was adopted in principle
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MINSK, October 3 (Itar-Tass) —— Sberbank of Russia will allocate a credit of one billion dollars to Belarus under Naftana shares, chairman of the board of the National Bank of Belarus Nadezhda Yermakova said on Monday speaking at a session of the upper chamber of the parliament (Council of the Republic).

“The decision that a credit of one billion dollars will be borrowed from Sbernak of Russia on the security of Naftana shares was adopted in principle,” she said.

Earlier, Deputy Prime Minister Sergei Rumas said that Belarus was ready to give 51 shares of Naftana to Sberbank of Russia as security.

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