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Belarus News - Banking sector gathers momentum


In the current Belarus Newsflash you will find:

Recent Developments in the Regulation of the Banking System
  • Participation of Foreign Capital in the Aggregate Capital of Belarusian Banks Increased
  • Introduction of 100% Guarantee on Citizens’ Deposits
  • Privacy of Deposits Guaranteed
  • Minimum Authorised Capital of Belarusian Banks Accepting Deposits from Individuals Increased
  • The National Bank Raises Refinance Rate
  • The National Bank Slashes Banks’ Reserve Requirements
  • Privatization of the Largest State Banks
  • Newly Established Banks
  • EBRD acquires 25% Stake in a Belarusian Private Bank
  • First Stage of Consultations with IMF on Stabilization Loan Successfully Completed
Other Legal News
  • New Rules for Settlement under Import Contracts
  • Amendments to the Procedure of Privatization of Certain Companies
You may read the Newsflash HERE

For more information about Belarus click HERE