History of the bank

In 1922 Savings Bank was established in Minsk, Belarus.

In 1994 the Bank joined SWIFT.

In 1995 Joint-Stock Savings Bank Belarusbank was established following a merger between Savings Bank of the Republic of Belarus and Commercial Bank Belarusbank. International auditors start auditing Belarusbank's financial statements according to international standards.

In 1996 the Bank becomes a principal member of Europay International (presently MasterCard International).

In 1996 Belarusbank acquired Belsviazbank and Belzheldorbank.

In 1997 the Bank established representative offices in Warsaw, Poland and Moscow, Russia.

In 1999 the first international ratings were assigned by Thomson Financial Bankwatch.

In 2000 the Bank became a principal member of VISA International.

Since 2001 international ratings have been assigned by Fitch Ratings. Foreign banks grant Belarusbank ECA-covered loans without Governmental guarantees.

In 2003 the Bank established a representative office in Frankfurt am Main, Germany.

On July 14, 2005 MinskComplexBank merged into Belarusbank.

In 2006 Belarusbank attracted on the international market its debut syndicated loan.

In 2007 the Bank made the next step on the international debt capital market by placing CLNs among foreign investors.

In June 2007 Belarusbank opened its fourth representative office in Beijing, China.

In August 2007 Belarusbank provided its first export finance loan.

In 2007 also the first issue of mortgage bonds on the local market and the first issue of loan participation notes were held.

In March 2008 Belarusbank introduced foreign exchange transactions in the currency of the People's Bank of China.

In September 2008 the Bank was entitled to conduct transactions of purchase and sale on precious stones.

In October 2008 Memorandum of understanding between Belarusbank and Deutsche Boerse AG was signed.

In March 2009 Belarusbank and the Warsaw Stock Exchange signed an Agreement on the Cooperation in Warsaw, providing Belarusian companies with an access to the international capital market.

In June 2009 the Bank started to provide export loans to non-residents of the Republic of Belarus.

In August 2010 Belarusbank acted as lead arranger of the debut issue of sovereign Eurobonds of the Republic of Belarus.

In December 2010 Belarusbank attracted the largest syndicated loan in the history of the Belarusian banking system for USD 145 million.

In 2010 also correspondent account RMB was opened with Agricultural Bank of China (Shanghai branch), which made it possible to effect the first FX transaction of buying RMB for USD.

In 2011 Belarusbank became associate member of ROTOBO.

Belarusbank is the first bank in Belarus which entered debt capital market in 2012.

In May 2012 Belarusbank became a member of WSBI.

In 2012 Belarusbank becomes bank-partner of the Shanghai Cooperation Organization Interbank Consortium.

In June 2013 Belarusbank became a trading participant at Moscow Exchange, JSC.

In 2014 The Banker rated Belarusbank as 480th on the Top 500 Banking Brands list with the estimated value of 159 million U.S. dollars.

Belarusbank attracted a $15 mln loan from Russia’s Joint Stock Commercial Bank RosEvroBank.

Belarusbank received the STP Excellence Award Deutsche Bank Trust Company Americas, New York for the high quality of formatting USD payments.

Belarusbank attracted resources from a consortium of Swiss banks consisting of UBS AG, Credit Suisse AG and Zürcher Kantonalbank to finance the purchase of two electric trains manufactured by Stadler Bussnang AG for Belarusian railways.

Commerzbank AG presented an award to Belarusbank for cooperation with foreign financial institutions in the sphere of foreign trade finance.

Raiffeisen Bank International AG (Austria) presented the Straight Through Processing (STP) Quality Award to Belarusbank for the high quality of EUR remittances.

Belarusbank and China Eximbank signed a loan agreement within the framework of an investment project stipulating the construction of a bleached sulfate pulp and rayon pulp plant.

Belarusbank signed a cooperation agreement with the Export-Import Bank of the Slovak Republic (Eximbanka SR).

Belarusbank received the STP Award 2013 from Commerzbank AG for the exceptional quality of the procession of payments through nostro accounts with the German bank.



Belarusbank delegation took part in took part in a seminar organized by the Interbank Consortium of Shanghai Cooperation Organization titled “Building an Economic Silk Route: Finance and Planning”. The seminar in Sanya (China) functioned as an informal networking venue.

Global Finance named Belarusbank the best bank in Belarus.

Belarusbank sponsored an international conference titled “Belarus and CIS: Trade Finance”.

Belarusbank found a new business partner in Germany. On March 31, 2015 the bank signed a Basic Loan Agreement with Landesbank Hessen Thueringen (Helaba). The signing ceremony took place in Belarusbank’s headquarters in Minsk.  

Belarusbank established cooperation with the International Investment Bank.

EMEA Finance magazine named Belarusbank the best bank in the Republic of Belarus. As one of the most prestigious financial awards, the title conferred on Belarusbank by EMEA Finance serves as a confirmation of the bank’s reliable reputation on the international level.

Belarusbank received the award of BACEE (Banking Association for Central and Eastern Europe) for the development of the international banking cooperation.

On April 28, 2015, Vienna (Austria), a debut loan agreement was signed between Belarusbank and Oesterreichische Kontrollbank (OeKB) to finance export-import transactions between Belarusian and Austrian businesses guaranteed by the Ministry of Finance of Austria.

Belarusbank took part in the 8th Vienna Financial & Economic Forum of the CIS and Eastern Europe.

On May 10, 2015 Belarusbank and China Development Bank signed a facility agreement to the tune of $300 million.

A new outlet of Belarusbank opened in Minsk’s district Malinovka.

Foer the second time in a row Belarusbank received the title of the best investment bank in Belarus from Cbonds agency.

Belarusbank demonstrated willingness to support Belarus-China investment projects.

Belarusbank repaid a EUR 100 million syndicated loan.

Belarusbank opened a new outlet in Minsk’s district Kamennaya Gorka at 14, Lidskaya Str.

Belarusbank attracted a record size syndicated loan in the history of the Belarusian banking business (EUR 203 million).

Belarusbank was included in the list of the world’s biggest banks. According to The Banker (Financial Times) rating, in 2014 Belarusbank was located on the 400th position among the world’s 1000 biggest banks.

Representatives of Belarusbank took part in the 11th session of the Interbank Consortium of the Shanghai Cooperation Organization within the framework of the BRICS/SCO Summit which was held in Ufa.

Belarusbank received a number of awards from Commerzbank.

Standard&Poor`s has affirmed the long term and short term credit ratings of Belarusbank in foreign currency and local currency at ‘-/’, outlook stable.

Fitch Ratings affirmed Belarusbank’s Issuer Default Rating (IDR) at ‘-‘, outlook stable.

Citi presented the Straight Through Processing Excellence Award to Belarusbank.

Belarusbank participated in the seminar dedicated to the financial support of the real economy sector within the Shanghai Cooperation Organization.

Belarusbank took part in the National Day of the Republic of Belarus during EXPO-2015, a world exhibition in Milano.

Chris de Noose, the Managing Director of the World Savings Banks Institute made an official visit to Belarusbank.

WSBI is an independent non-government organization founded in 1924 that unites savings banks and associations thereof all over the world. Belarusbank has been the only Belarusian member of the World Savings Banks Institute since 2012.

Belarusbank acted as the exclusive sponsor of the Days of Belarusian Economy in Berlin.

Belarusbank became a co-organizer and title partner of International Banking and Finance Forum of the CIS member states “Minsk Business Meetings”.


Belarusbank attracted a record size syndicated loan equivalent to $265 million.

Belarusbank attracted a loan from the USA.

Following his visit to the People’s Republic China, Chairman of the Board of Belarusbank Siarhei Pisaryk spoke about a vast potential of cooperation with China.

There was launched the $1.4 billion investment project stipulating potash salt extraction.

Belarusbank’s contact center received EN 15838:2009 correspondence certificate from AustrianStandardsPlus.

Belarusbank was named the best investment bank of Belarus according to CBONDS.

Belarusbank attracted a syndicated loan of EUR 250 mln.

Belarusbank received the award of Raiffeisen Bank International AG (RBI) (Vienna, Austria), the largest European financial institution. The bank improved its position among European banks.

Belarusbank and the Ministry of Finance of the Republic of Belarus signed a cooperation agreement with CITIC CONSTRUCTION Co., Ltd. stipulating the creation of a joint Belarus-China investment fund.

Belarusbank became the title partner of the 2nd International Banking and Finance Forum of the CIS member states “Minsk Business Meetings”.




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