Belarusian ОАО "АSB Belarusbank" signed the agreement on opening a line of credit with German DZ Bank AG Deutsche Zentral-Genossenschaftsbank /DZ Bank/.
It was reported in the press release of the Belarusian bank published on Tuesday.
"This agreement is the analogue of a basic agreement and it allows concluding individual credit agreements on its grounds for specific transactions for financing of import of German equipment into Belarus on a long- and short-term bases. All the essential basic norms are stated in the Agreement, which gives the possibility to shorten the terms of consideration and conclusion of individual credit agreements", - it is emphasized in the press release.
