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Societe Generale, Deutsche Bank show interest in Belarus

LONDON, 10 June (BelTA) – Big banks such as Societe Generale and Deutsche Bank are showing interest in cooperation with Belarus, Prime Minister Sergei Rumas told the media following a series of meetings with financial and banking groups in London, BelTA has learned.

“Today we have met with representatives of several big European banks, Societe Generale, Deutsche Bank and Renaissance Capital in particular. All these respectable European financial institutions are interested in cooperation with Belarus,” Sergei Rumas said.

The conglomerates count on cooperation in various areas, including debt market, capital market, interaction with Belarus’ biggest banks and corporate borrowers.

“All the cooperation areas were the subject of discussion, and the financial institutions expressed interest in cooperation. With no previous experience of work with Belarus, Societe Generale is ready to start cooperation with our country on a wide range of areas. Deutsche Bank has a long record of cooperation with Belarus. We have not worked together in the recent years. Today, Deutsche Bank has confirmed its interest in all-round cooperation,” the premier said.

“On the whole I would like to say that the interest in Belarus is very big. Financial institutions, investors see our activity on international capital markets, offer their services and express readiness to work with Belarus,” the Belarusian head of government said.

Sergei Rumas is on a working visit to the UK on 10-11 June. On 10 June, he took part in the Belarus Capital Markets Day event and also held a series of talks. On 11 June, Sergei Rumas is expected to hold a number of meetings in London, including with representatives of the European Bank for Reconstruction and Development, the Foreign and Commonwealth Office and the Department of International Trade.

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