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30 March 2026, 17:13

Development Bank finances exports of Belarusian products to 18 countries in 2025

MINSK, 30 March (BelTA) - In 2025, the Development Bank of Belarus financed exports of Belarusian products to 18 countries, Chairman of the bank’s Board Sergei Stolyarchuk told journalists ahead of a meeting of the bank’s supervisory board, BelTA has learned.

“Based on the results of 2025, the Development Bank fulfilled all indicators assigned by the supervisory board and the government. We maintain leading positions in export financing (over 60% within the banking system), as well as in financing long-term investment projects, with a 37% share. We have over 180 major investment projects. We increased our portfolio by 17% in 2025 and introduced new support instruments. These include the commercialization of scientific developments and industrial mortgage projects. We launched tools to support the construction of fruit storage facilities and the meat industry. In 2025, we announced new instruments to support tourism. We currently have more than 60 projects in the pipeline, including hotel projects, restaurant businesses, buses, and various initiatives related to exports,” Sergei Stolyarchuk said.

According to him, exports to 18 countries were financed last year. The Development Bank provided loans to around 90 manufacturers and supported about 100 product categories. “This year, while continuing to finance exports to distant markets, we also keep in mind the EAEU countries. We have projects with Kazakhstan, Uzbekistan, Kyrgyzstan, and Tajikistan. A major project was implemented last year: the delivery of 100 buses to St. Petersburg. It is too early to announce details, but there are several large projects with contracts signed at the interstate level this year,” the chairman noted.

“In supporting small and medium-sized businesses, we have reoriented our tools toward investment projects. This year, we will make greater use of the infrastructure of the Belarusian Fund for Financial Support of Entrepreneurs, as well as our leasing organization,” he added.

According toSergei Stolyarchuk, the first quarter of 2026 also shows strong momentum. “In 2026, three areas will remain priorities: investment, export, and small and medium-sized business. In addition to quantitative indicators, there are tasks to introduce new support instruments in each segment. As for exports, these include projects to finance production localization in third countries. We see great potential in creating joint ventures and financing joint products in third-country markets,” he concluded.

Photo by Nikolai Petrov/ BelTA
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