OREANDA-NEWS. OAO Belarusbank drew USD 10 billion in foreign investments into Belarus' economy, Belarusbank Board Chairman Sergey Pisarik told an online conference organized by the government-owned information agency BelTA on March 18.

Belarusbank has raised about USD 2 billion in long-term tied loans, Pisarik informed. The loans were mostly needed to purchase new equipment and machinery in order to help Belarusian manufacturers penetrate new markets and secure a foothold there.

All in all, Belarusbank raised about USD 10 billion in equivalent on gross basis for the domestic economy in 2013. All in all, Belarusbank accounts for about 60% of all foreign resources raised by the domestic banking sector.