The Performance Results of Belarusbank for the First Half of 2011 (press release)
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15.07.2011

The Performance Results of Belarusbank for the First Half of 2011 (press release)

During January-June 2011, the Bank received a profit of BYR 230 billion, which exceeds by BYR 30 billion the profit earned during the same period in 2010 (BYR 200 billion).

According to preliminary data as of July 1, 2011, the regulatory capital of the Bank amounted to BYR 4,992 billion. The authorized fund makes a total of BYR 3288 billion, or EUR 460 million.

The resource base of the Bank for the first half of 2011 has increased by 35% or BYR 18 trillion, and as of July 1, 2011 amounted to BYR 70 trillion.

The funds of legal entities have increased by 56%, or BYR 8 trillion, and as of July 1, 2011 amounted to BYR 23 trillion.

As of July 1, 2011, the volume of resources raised by means of the bond placement with entities amounted to BYR 678 billion, including BYR 355 billion and USD 65 million.

As of July 1, 2011, retail deposits (adjusted for the accrued interest) amounted to almost BYR 15 trillion, including nearly BYR 7 trillion, and USD 1,610 million.

As of July 1, 2011, the Bank has raised BYR 657 billion, including BYR 78 billion, USD 72 million and EUR 31 million through bonds for individuals.

The debt of Belarusbank to foreign banks and financial companies in relation to "tied" foreign loans increased by USD 134 million and as of July 1, 2011 totaled to USD 544 million. The debt of the Bank in relation to post-financing (including trade finance beyond the documentary credits) increased by USD 50 million and amounted to USD 387 million.

As of July 1, 2011, loan portfolio of the Bank's customers made a total of USD 47.5 trillion, including corporate loan portfolio of BYR 28.5 trillion and individual loan portfolio of BYR 19 trillion.

Indebtedness of individuals in respect of loans with below market rates in accordance with the Decree of the President of the Republic of Belarus (No. 185, 75, 368) amounted to BYR 16 trillion as of July 1, 2011.

As of July 1, 2011, the number of plastic cards of Belarusbank in circulation amounted to 4.9 million.

The Bank currently has 997 ATMs, 1,919 self-service terminals, 19.4 thousand of POS in trade and service companies, 2,013 cash points and 1,914 utility payment acceptance points.

The share of non-cash transactions with plastic cards in total volume of debit operations with plastic cards in the Bank's network was 18.77% for June 2011 against 17.62% in December 2010.

For the period of January-June, 2011, the Bank's offices bought foreign currency in cash (allowing for conversions) equal to USD 786 million while the volume of sold foreign currency in cash (allowing for conversion) equaled to USD 873 million. Compared to the same period of the previous year the volume decreased by 30.5% in respect of purchases and by 10.5% in respect of sales.

As of July 1, 2011 the Bank's branch network consisted of 43 branches (including 6 branches - regional (Minsk) divisions), 99 centers of banking services, and 1,843 outlets, of which 854 outlets, or 46% of the total number of outlets, are located in urban areas and 989 or 54% - in rural areas.

Press-service of Belarusbank

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