The EDB to transact in the Belarussian roubles

04 June 2018

Almaty, 4 June 2018. The Eurasian Development Bank (EDB) opened a correspondent account for domestic payments in the Belarussian roubles with the National Bank of the Republic of Belarus. The Bank is also negotiating access to transactions at the Belarusian Currency and Stock Exchange.

“This work is part of the Bank’s Strategy to support the financial markets and enhance payments in the national currencies of its member states,” Dmitry Ladikov-Roev, Managing Director for Assets and Liabilities at the EDB, comments. “This year, the Bank plans to open correspondent accounts in the national currencies with all the central banks of our member states.”

Additional Information:

The Eurasian Development Bank (EDB) is an international financial institution founded by Russia and Kazakhstan in January 2006 with the mission to facilitate the development of market economies, sustainable economic growth, and the expansion of mutual trade and other economic ties in its member states. The EDB's charter capital totals US $7 billion. The member states of the Bank are the Republic of Armenia, the Republic of Belarus, the Republic of Kazakhstan, the Kyrgyz Republic, the Russian Federation, and the Republic of Tajikistan.

The EDB Media Centre:

Alexander Savelyev +7 (985) 765 23 59 (Moscow)                                         

Azima Sapargaliyeva +7 (777) 750 00 08 (Almaty)

Sergey Gorbachev +7 (916) 727 22 00 (Moscow)                                         

pressa@eabr.org

www.eabr.org

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