Eurasian Development Bank transfers to Belarus third tranche of EurAsEc Antic-Crisis Fund loan

/KASE, June 18, 12/ - Eurasian Development Bank, whose bonds are officially listed at Kazakhstan Stock Exchange (KASE), has provided KASE with the following press-release of June 18, 2012: quote Eurasian Development Bank (EDB) disbursed on Friday the third tranche of the financial credit from the resources of EurAsEC Anti-Crisis Fund (ACF) in the amount of US$ 440 million to the Republic of Belarus. This occurred in accordance with the decision of the ACF Council meeting, which took place on June 8, 2012 in Moscow. The provision of a US $3 billion financial (stabilisation) credit to Belarus was approved by the ACF Council on 4 June 2011. In June and December 2011 EDB transferred two tranches to Belarus, in the amount of US $800 million and US $440 million respectively. unquote [2012-06-18]