Business news

MINSK, 27 July (BelTA) - S&P Global Ratings affirmed its 'B-/B' long- and short-term issuer credit ratings on JSC Development Bank of the Republic of Belarus (DBRB). The outlook is stable, BelTA learned from the press service of the Bank.

“On 25 July, S&P Global Ratings affirmed its 'B-/B' long- and short-term issuer credit ratings on JSC Development Bank of the Republic of Belarus (DBRB). The stable outlook on DBRB mirrors the agency’s outlook on the long-term sovereign credit rating on Belarus,” the Bank’s press service said.

S&P once again noted the close ties between the Development Bank and the Government of Belarus, the Bank’s important role in achieving the public policy goals.