Financial support for exporters

Under the Presidential Decree of the Republic of Belarus No. 534 dated August 25, 2006, exporters can finance their export deliveries through:

• Obtaining export credit facilities from the Development Bank of the Republic of Belarus and a range of commercial banks operating within the country. (Reference: Resolution of the Council of Ministers of the Republic of Belarus No. 249 dated April 23, 2021, or a list of participating banks).
• Factoring (assignment of receivables) for export contracts is available through any commercial bank in the country

Financing is offered in EUR and USD at Commercial Interest Reference Rate (CIRRs); in RUB, at a rate not less than 2/3 of the Key Rate set by the Central Bank of the Russian Federation; in BYN, at a rate not less than 2/3 of the Refinancing Rate set by the National Bank of the Republic of Belarus; and in CYN, at a rate not less than the 1-year Loan Prime Rate (LPR) set by the People’s Bank of China.