Belarus wants Western investment in banking sector
Reuters
Published Dec 20, 2016 07:44
Belarus wants Western investment in banking sector
By Andrei Makhovsky and Katya Golubkova
MINSK (Reuters) - A number of investors have shown an interest in buying a minority stake in Belarusbank, including from Hungary, Belarussian Prime Minister Andrei Kobyakov told Reuters in an interview.
"We are interested in a strong strategic investor from among Western banks to join the Belarus banking system," Kobyakov said. He said the government planned to pick an investor in the next year or two.
Kobyakov also said that Belarus planned to issue a Eurobond next year, possibly for $800 million, for a 7-year period.
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Written By: Reuters
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