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Sorainen Helps the IFC Dispose of Shares in Belarusky Narodny Bank

Sorainen Helps the IFC Dispose of Shares in Belarusky Narodny Bank

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Sorainen Belarus has advised the IFC on the February 14, 2017 sale of some of its shares in Belarusky Narodny Bank at the Belarusian Currency Stock Exchange (BCSE). The sale was completed with the consent of the National Bank of the Republic of Belarus.

Sorainen Belarus advised IFC on its acquisition of 19.9% of BNB’s equity in 2010.

The firm's team, which included Managing Partner Kiryl Apanasevich and Senior Associate Viktoryia Mikhnevich, advised on the procedure for sale of the shares (including obtaining authorization from the BCSE), reviewed the transaction documents, coordinated the process of making the deal on the BCSE and transfer of the shares, and advised the client on other related issues.

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