National Bank

Belarus’ external debt reaches record levels

Belarus’ total external debt increased by 27.3 percent this year to a record high of almost $19.3 billion on October 1, according to the National Bank...

Belarus should not abandon high targets for housing construction, says National Bank head

Belarus should not abandon high targets for the construction of housing, Pyotr Prakapovich, head of the National Bank, told reporters on Thursday.

Belarus’ banking sector remains attractive to foreign investors, National Bank says

  Belarus’ banking sector remains attractive to foreign investors, the National Bank of Belarus (NBB) said in a report on the sector’s performance between January and July.

National Bank denies introduction of new restrictions on purchases of foreign currency

  The National Bank of Belarus has not introduced any new restrictions on purchases of foreign currencies, Bank spokesman Anatol Drazdow told BelaPAN.

National Bank is taking no extraordinary measures to support banks' liquidity, official says

The National Bank of Belarus (NBB) is taking no extraordinary measures to support the liquidity of banks, Syarhey Dubkow, a member of the NBB Board, told reporters in Minsk on Tuesday...

Levels of positive perceptions about Belarus’ business climate slightly up in January, National Bank says

  Levels of positive perceptions about Belarus’ business environment slightly increased in January, the National Bank said in its most recent report on the climate.

National Bank not to disclose data on foreign cash sales in January

  The National Bank of Belarus would not disclose the latest data on sales of foreign cash to individuals, Anatol Drazdow, spokesman for the bank, told BelaPAN.

National Bank: No preconditions for change in rubel denominations

Naturally, preparations for a change in the denominations are a state secret. This is necessary in order not to worry people and to prevent possible speculation...

National Bank devalues rubel by 20.5 percent

The National Bank of Belarus on January 2 devalued the Belarusian rubel by 20.45 percent from 2,200 to 2,650 rubels per US dollar...

National Bank declines to comment on rumored lending recommendation

  The National Bank of Belarus (NBB) has refused to comment on reports that it recommended that banks suspend foreign-currency lending to individuals.

No plans to float rubel, National Bank deputy head says

The National Bank of Belarus (NBB) will not float the Belarusian rubel freely, NBB deputy head Pavel Kalaur told members of the House of Representatives...

Administrative measures taken by National Bank in exchange market may leave economy in very sorry state, economist says

  The administrative measures taken by the National Bank of Belarus in the exchange market may leave the economy in a very sorry state, economist Syarhey Balykin told BelaPAN.

National Bank raises base refinance rate to 11 percent

  The National Bank of Belarus (NBB) raised on November 12 its base refinance rate by 0.25 percentage points to 11 percent.

National Bank increases base refinance rate to 10.75 percent

  The National Bank of Belarus raised its base refinance rate by 0.25 percentage point to 10.75 percent on October 15.

National Bank raises limit on share of foreign capital in banking sector from 25 to 50 percent

  The National Bank of Belarus (NBB) has raised the upper limit on the share of foreign capital in the banking sector from 25 to 50 percent.

Limit on reimbursement of bank deposits may be raised, says National Bank officer

  The limit on the amount of a deposit reimbursed to the holder in the event of the bank's liquidation may be raised, Natallya Prasolava, head of the NBB's legal department, said at a news conference in Minsk on Tuesday.

National Bank head reports to Lukashenka on banking sector’s performance in first six months

Pyotr Prakapovich, head of the National Bank of Belarus (NBB), on July 21 reported to Alyaksandr Lukashenka on the performance of the banking sector...

National Bank reports 5.2-percent increase in money supply in first five months

  Belarus’ money supply increased by 5.2 percent in the first five months of 2008 to 17,600 billion rubels as of June 1, while consumer prices rose by 6.6 percent, according to the National Bank of Belarus (NBB).

National Bank reports 3.1-percent increase in money supply in first four months

  Belarus’ money supply increased by 3.1 percent in the first four months of 2008 to 17,300 billion rubels as of May 1, while consumer prices rose by 5.3 percent, according to the National Bank of Belarus (NBB).