Fransabank partnership with the China–Belarus Industrial Park “Great Stone”

The Great Stone Industrial Park is one of the most significant and large international projects within the framework of the initiative "One Belt, One Road", in which Belarus takes an active part. With a view to create favorable conditions for the expansion of investment, trade, economic and scientific-technical cooperation, Fransabank OJSC and the Administration of the China-Belarus industrial park "Great Stone" signed a cooperation agreement. In accordance with this agreement, Fransabank OJSC undertakes to provide complex banking services to clients (residents and investors of the China–Belarus Great Stone Industrial Park and to provide assistance to managing company of the industrial park "Company for the development of industrial park" CJSC in addition to legal entities established by this company), as well as to contribute to the information promotion of activities of the industrial park.

Fransabank OJSC is a member of the international financial group Fransabank Group, which for many years actively cooperates with Chinese business at the international level. In 2013, China Desk was established in Fransabank Group, specializing on servicing Chinese companies in various markets where the banking group works.

In 2018, Fransabank SAL was chosen as a founding member of the China – Arab Countries Interbank Association (CACIA), led by the China Development Bank, the leading development bank in the world. The purpose of this organization is to strengthen the project "One Belt, One Road", the effective financial cooperation, as well as to build long-term stable, mutual and mutually beneficial relations between China and the Arab countries. The strategy of Fransabank Group is to remain as a banking partner chosen by Chinese companies working in different countries where Fransabank Group is, such as: Lebanon, France, Iraq, UAE, Algeria, Sudan, Cuba, Cote d'Ivoire and Belarus.

In accordance with the Group's policy, at the end of 2018, Fransabank OJSC opened a branch in the territory of the Great Stone Industrial Park, which advises Chinese companies on doing business in Belarus, provides a wide range of banking services to legal entities and individuals: settlement and cash servicing, payroll servicing, crediting, asset allocation in deposits, currency exchange transactions, reception and disbursement of cash, etc.

At the moment, clients - legal entities and individual entrepreneurs, who opened accounts in the branch Fransabank OJSC located in the “Industrial Park” benefit from special conditions and tariffs within the framework of an offer called "Silk Road" mainly:

Monthly account fees of BYN 0.1 cover all operations (except international swift) including salary domiciliation for employees (free Master cards Standard and Gold).