Economy of Belarus - - BANKING SECTOR -

A new milk tanker equipped with con­trol and mea­sur­ing sys­tems was man­u­fac­tured by the joint ven­ture MAZ-MAN.

The first batch of spe­cial equip­ment was shipped to the Savushkin Prod­uct dairy. Road tankers are a new prod­uct on the Be­laru­sian mar­ket. Sim­i­lar milk tankers are very pop­u­lar in Western Europe.

The Be­laru­sian road train is de­signed to carry 22,000 liters of milk. It con­sists of a tank truck and a trailer with the to­tal length of 17.5 me­ters. The heat in­su­la­tion sys­tem helps pre­vent tem­per­a­ture fluc­tu­a­tions for ten hours. Tank trucks are equipped with con­trol and mea­sur­ing sys­tems to de­fine the vol­ume and tem­per­a­ture of milk. The milk tanker is also ca­pa­ble of col­lect­ing sam­ples for lab stud­ies. fi­nance will keep grow­ing as the coun­try in­creases its for­eign trade. Fur­ther­more, the de­mand for trade fi­nance ser­vices will in­crease on the back of cuts in the in­te­rior re­sources of banks and in­crease in Be­larus’ exports af­ter the Sin­gle Eco­nomic Space of Be­larus, Rus­sia and Kaza­khstan is put into op­er­a­tion, Pavel Kal­laur ex­plains.

Ac­cord­ing to the Chair­man of the Board of Belv­neshe­conom­bank, in terms of costs, trade fi­nance will re­main at­trac­tive for im­porters and ex­porters. Many for­eign banks have sus­pended lim­its for Be­laru­sian banks. In view of this fact, for­eign par­ent banks, in­ter­na­tional fi­nan­cial in­sti­tu­tions (EBRD, IFC) will be in­volved more ac­tively in trade fi­nance op­er­a­tions.

*** In the fu­ture, Belv­neshe­conom­bank will be work­ing to strengthen its po­si­tions and busi­ness rep­u­ta­tion on do­mes­tic and for­eign fi­nan­cial mar­kets, raise the qual­ity of ser­vices, at­tract more coun­ter­par­ties, im­prove and de­velop the correspondent net­work, cre­ate more fa­vor­able terms for in­ter­na­tional set­tle­ments, pro­vide sup­port to the coun­try’s econ­omy us­ing for­eign re­sources.

Our bank has a good po­ten­tial for in­no­va­tive de­vel­op­ment. There is an un­der­stand­ing and sup­port on the part of the par­ent bank. Belv­neshe­conom­bank is fully set to meet the in­ter­est­ing chal­lenges that lie ahead. Re­ly­ing on the best in­ter­na­tional prac­tices, the par­ent bank en­cour­ages its sub­sidiary banks to work in­de­pen­dently not only do­mes­ti­cally but also in for­eign mar­kets and to aug­ment their re­source base. There­fore, Belv­neshe­conom­bank does not give up on its Eu­robond plans, Pavel Kal­laur noted.

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