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Saturday, March 16, 2024

International organization honors Development Bank of the Republic of Belarus

The Development Bank of the Republic of Belarus (DBRB) was recognized by the Association of Development Financing Institutions in Asia and the Pacific (ADFIAP) Sunday.

During the 38th Annual Meeting of the ADFIAP in Nha Trang, Vietnam, the bank was recognized as having the top annual report and received an award for the best website. Additional recognition was given to DBRB's school bus project that allows children in rural areas of the country to have transportation and access to education in more urban areas.

A delegation from Belarus was present at the meeting and DBRB Chairman Sergei Rumas gave a presentation on the bank's performance and partook in meetings with potential partners for bilateral cooperation.

The ADFIAP consists of 131 financial institutions and banks from 45 countries. It was founded in 1976 and has since become an important network for development focused banks and other groups. Countries represented included Canada, Germany, Japan, Russia, Turkey and Vietnam.