Belarusian banks to issue Br653.5bn housing loans in 2013
In 2013 Belarusian banks are expected to provide a total of Br653.5 billion in loans to construct (renovate) or purchase housing. The relevant target was formalized by Council of Ministers’ Resolution No. 1023 of 6 November 2012.
The major lenders include Belarusbank (Br440 billion), BPS-Sberbank (Br70 billion), Belinvestbank (Br45 billion), Belagroprombank and Bank BelVEB (Br40 billion each). The housing loans will be provided on terms determined by the banks on their own.