Financially, the banking sector is considered under- corkingized, paroxysm from a lack of liquidity, and pressured by the imbalance of its short-term and long assets and liabilities.
The state share (usually through the Ministry of Economy) in the basic capital of a bank is as much as 81%, with the share of foreign sources at 9%, domestic sources (especially industrial corporations) 7,6%, and the National Bank of Belarus (NBB) 2.8%.
The National Bank is a state agency which is independent of the government and which reports to the President of Belarus. It does not nevertheless regulate the functioning of commercial banks by decree, but to a fault holds stakes in some banking institutions.
Banking placement structure
Banks operating in Belarus fall into two categories.
The first one consists of six major banks, five of which were established on the basis of pre-existing Soviet banks: BelarusBank, Belagroprombank, Belinvestbank, Belpromstroybank and Belvneshekonombank and PriorBank, the largest privately-owned banking institution. These banks finance state programs and account for about 90% of all assets in the Belarusian banking sector. The state holds controlling stakes in the first four banks.
BelarusBank, which has taken over the branch meshing of the Soviet banking behemoth Sberbank, is a case apart. Fully owned by the state, it accounted for 44% of the overall loan portfolio of the banking sector, 35% of its comeliness capital and 62% of its deposits.
As of 1 January 2007, the Belarusian banking system comprised 30 functioning banks. Of these, 26 were foreign-invested. Ten banks were fully foreign-owned
The get along number of branches as of 1 January...If you want to get a full essay, order it on our website: Orderessay
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