ECA Covered Financing Belarusbank provides its clients with ECA covered credit lines for financing the deliveries of goods under contracts with foreign counterparties since 1999 and has a reputation of a reliable borrower. At the moment, more than 320 investment projects have been already realized for the total amount up to USD 1.6 bn.

Structure of Belarusbank’s Funding Base as of 01.01.2013

9%

91%

Internal Sources Foreign Funding

21%

79%

Loans attracted by Belarusbankunder State Guarantee

5,7%

4,1%

4,2%21,9%

64,0%ECA covered loans

Postfinancing

Interbanks' loans

Forfaiting

Syndicated Loan

High level of financing under Euler Hermes cover from Germany

Recently Belarusian enterprises have changed their strategy in order to diversify the suppliers of their equipment

Belarus imports machineries and equipment from 77 countries

Comments

ECA-covered financing structure in 2012 Financing structure by countries in 2012

ECA-covered financing structure in 2013

5,78% 0,83%

25,75%

25,30%20,58%

10,82%

10,94% SERV

KUKE

SID bank

SACE

Euler Hermes

EGAP

Eximbanka SR

ECA-covered financing

56,182,5

266,3

521,1

373,4

120,7

290,5

0,0

50,0

100,0

150,0

200,0

250,0

300,0

350,0

400,0

450,0

500,0

550,0

600,0

2007 2008 2009 2010 2011 2012 Jan-April2013

Amount of concluded Loan Agreements, USD mln in equivalent

Germany

Czech Republic

Poland

Italy

France

Austria

Norway

Slovakia

Hungary

Japan

China

Belgium

Slovenia

Denmark

Switzerland

Cooperation with ECAs

Selected long-term investment projects carried out in 2012 - 2013

CZLOKOBelarusian Railway

EUR 10.6 m

Czech Republic

Eliopig S.r.l.Minsk Meat PLant

EUR 19.8 m

Italy

Dieffenbacher GmbH Maschinen-und AnlagenbauMostovdrev

EUR 22 m

Germany

Daniele&C.Officine Maccaniche S.p.A.Mogilev Steel Works

EUR 16.6 m

Italy

RIKO d.o.o.Minskenergo

EUR 37.8 m

Slovenia

Linde Engineering Dresden GmbHBMZ - GKS

EUR 13.4 m

Germany

Stadler Bussnangs Belarusian Railway

EUR 46.6 m

Switzerland

ProchemMineral Wax Plant

EUR 46.5 m

Poland

MAVEGLakokraska

EUR 25 m

Germany