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Belarusian companies encouraged to tap Russian debt market

MINSK, 9 July (BelTA) – Belarus’ Finance Ministry encourages Belarusian companies to tap the Russian debt market, Belarus Deputy Finance Minister Andrei Belkovets said at the Fitch Ratings conference “Belarus in 2019: Review of the macroeconomic situation and the banking sector”, BelTA has learned.

“We encourage our companies to tap the Russian market. We do not see obstacles. Today there are no restrictions,” Andrei Belkovets noted.

According to him, the Russian market may be attractive for corporate borrowers.

“We are planning to arrange a training course in the autumn. We will invite representatives of Russian banks – organizers of bond issues, the Moscow stock exchange, depository to explain our issuers how it works: requirements, approaches, cost and time matters,” the deputy minister said.

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