According to IFC website, the project is a senior loan of up to US$25 million to Priorbank Joint-Stock Company, an existing IFC client in Belarus. The loan will have a tenor of 12 months with the possibility of extension by another 12-month period. The funds will be used to support SMEs in Belarus which have been negatively impacted by the COVID 19 global pandemic.
Priorbank Joint Stock Company
Head of FI
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