Export financing

The private enterprise Globalprodservice, together with JSC Development Bank of the Republic of Belarus, supplies technological equipment to organizations that are not residents of the Republic of Belarus under the export financing program with state support in accordance with Decree No. 534 of 08/25/2006 in the form of export credits according to the established procedure and in relation to the approved list of goods.

General conditions of export credit for non-residents of the Republic of Belarus

Export credits are provided for payment (including preliminary) of purchased goods (works, services) included in the list established by the Council of Ministers of the Republic of Belarus (Resolution of the Council of Ministers of the Republic of Belarus dated 05.05.2021 No. 262 "On Export Support and Insurance").

Loan currency: Russian ruble, Belarusian ruble

Loan amount:

• up to 100% of the value of an export contract for up to 1 year on a non-renewable line
• up to 100% of the value of an export contract with a tranche period of up to 1 year on a renewable line
• up to 85% of the value of the export contract for long-term loans

The loan amount may additionally include import customs duties, including VAT (up to 30% of the value of the export contract).

Loan term:

• 3 years for a renewable line
• up to 5 years for a non-renewable line

Mandatory provision is Beleximgarant insurance coverage (the insurance premium is paid at a time, or in several parts. It is possible to pay insurance premiums at the expense of a loan from the Development Bank). In some cases, additional collateral may be required: a bank guarantee from the Bank of the Russian Federation.

Interest rate (BYN): 6,33% (floating rate) 2/3 of the rate of the Central Bank of the Republic of Belarus
Interest rate (RUB): 14% (floating rate), 2/3 of the Central Bank's key rate, taking into account its changes

Cost of financing
1. *Loan cost (RUB): 14% (currently) + insurance premium of 1% of the insured amount (loan amount+% for the entire loan term +% for 1 month).
2. *Loan cost (BIN): 6.33% (currently) + insurance premium of 1% of the insured amount (loan amount+% for the entire loan term +% for 1 month).

* Note
It is mandatory to specify the current annual interest rates on export loans in Russian and Belarusian rubles before submitting the relevant documents. This measure is necessary to ensure the correctness of calculations when making loan agreements.

Benefits of cooperation:

• Low interest rates (current 20% interest rate in Russian banks)
• No fees
• Providing free consultations

NOTE:
for non-residents of the Republic of Belarus, we offer:
- equipment export for leasing
- export of equipment with installment payment
for residents of the Republic of Belarus we offer: commercial and preferential leasing.