Russia's Saving Bank gives Belkali one-year loan deferment
The Belarusian potash giant borrowed $1 billion from the Russian bank under the guarantees of the Belarus government in October 2012.
Belkali purchased the valuable securities of the Belarusian Ministry of Finance for this money. Now it's time to return the money: Belkali cleared the first tranche of the loan on October 9.
Now the total term of loan provision to Belkali makes 4 years, informs the press-office of the Russian Saving Bank.
Photo: job-sbu.org.