ENG
- Shchuchin District Executive Committee:
- 11 Svobody Square, Shchuchin, 231513
- E-mail:
- shuchrik@mail.grodno.by
- Phone: 8-(015-14)-28270
- Fax: 8-(015-14)-29633
Credit resources of the State Development Bank of China
Credit resources of the State Development Bank of China for the implementation of investment projects
Enterprises, including small and medium-sized businesses, implementing investment projects, are given the opportunity to use the resources of the State Development Bank of China (hereinafter referred to as CDB), attracted by JSC JSB Belarusbank and JSC Development Bank of the Republic of Belarus (hereinafter referred to as Banks) within the framework of General credit agreements on
conditions attractive to borrowers.
Benefits of financing projects with a Chinese credit line:
- a long term for a loan - up to 15 years (including a grace period - up to 5 years, the repayment period of the principal debt - up to 10 years);
- it is not required to obtain a guarantee from the Government of the Republic of Belarus for each loan provided from the funds of the credit line;
- it is not required to obtain coverage from the SINOSURE export credit insurance agency, which reduces the cost of credit resources for the final recipient.
Requirements for investment projects:
- the effectiveness of the investment project;
- availability of an agreement (contract) providing for the supply of equipment (performance of work, provision of services) manufactured in the PRC;
- the share of participation of the Chinese side in an investment project or a package of investment projects - about 50% of the total cost of such a project or a package of projects (determined by the CDB individually for each project or package of projects);
- the minimum loan amount at the expense of the resources of the CDB for a project (or a group of projects) is 1 million US dollars.
Terms of financing investment projects:
loan currency - US dollars amount of loan provided
- no more than 85% of the project cost interest rate for - 6 months. Libor + 5.5 p.p. use of the loan, commissions and expenses of the CDB, subject to reimbursement by the borrower;
- management fee (0.8% one-time from the loan amount), commitment fee (0.4% per annum of the undisbursed loan amount)
Additional conditions for organizing financing:
- the decision on lending is made based on the results of consideration of the package of documents in accordance with the local regulations of the Banks, incl. business plan of the investment project;
- it is required to provide the Banks with security for the fulfillment of obligations under the loan agreement;
- all investment projects are subject to approval by the CDB.
If you are interested in providing financing on the above conditions, as well as if you need to get additional information, you should contact OJSC ASB Belarusbank or OJSC Development Bank of the Republic of Belarus (client management department in Grodno: +375 (152) 75 43 39).
Enterprises, including small and medium-sized businesses, implementing investment projects, are given the opportunity to use the resources of the State Development Bank of China (hereinafter referred to as CDB), attracted by JSC JSB Belarusbank and JSC Development Bank of the Republic of Belarus (hereinafter referred to as Banks) within the framework of General credit agreements on
conditions attractive to borrowers.
Benefits of financing projects with a Chinese credit line:
- a long term for a loan - up to 15 years (including a grace period - up to 5 years, the repayment period of the principal debt - up to 10 years);
- it is not required to obtain a guarantee from the Government of the Republic of Belarus for each loan provided from the funds of the credit line;
- it is not required to obtain coverage from the SINOSURE export credit insurance agency, which reduces the cost of credit resources for the final recipient.
Requirements for investment projects:
- the effectiveness of the investment project;
- availability of an agreement (contract) providing for the supply of equipment (performance of work, provision of services) manufactured in the PRC;
- the share of participation of the Chinese side in an investment project or a package of investment projects - about 50% of the total cost of such a project or a package of projects (determined by the CDB individually for each project or package of projects);
- the minimum loan amount at the expense of the resources of the CDB for a project (or a group of projects) is 1 million US dollars.
Terms of financing investment projects:
loan currency - US dollars amount of loan provided
- no more than 85% of the project cost interest rate for - 6 months. Libor + 5.5 p.p. use of the loan, commissions and expenses of the CDB, subject to reimbursement by the borrower;
- management fee (0.8% one-time from the loan amount), commitment fee (0.4% per annum of the undisbursed loan amount)
Additional conditions for organizing financing:
- the decision on lending is made based on the results of consideration of the package of documents in accordance with the local regulations of the Banks, incl. business plan of the investment project;
- it is required to provide the Banks with security for the fulfillment of obligations under the loan agreement;
- all investment projects are subject to approval by the CDB.
If you are interested in providing financing on the above conditions, as well as if you need to get additional information, you should contact OJSC ASB Belarusbank or OJSC Development Bank of the Republic of Belarus (client management department in Grodno: +375 (152) 75 43 39).