National Commerce Bank and Belarusbank on Friday signed two contracts concerning the financing of Polish exports to Belarus. The deals were signed as part of the Government Programme for Export Assistance, which was set up in 2009.
The NCB's chairman Tomasz Mironczuk has said that joint Polish-Belarusian export projects are set at 140 million euro, adding that he is "expecting good results from such co-operation."
Belarusbank is also pleased with the deal, which will mean that Polish exports are "drawn in" to Poland's eastern neighbour.
Most of the exports to Belarus are in the industrial and construction sectors, something which the Belarusian government is actively encouraging, according to Vladimir Novik, Deputy Chairman of the Board at Belarusbank. (jb)