Belarus awaits management proposals from Russian owners of Belgazprombank – NBB
<p> MINSK, Jul 27 - PrimePress. Belarus invites the Russian owners of Belgazprombank (Gazprom PJSC and Gazprombank JSC) to make proposals for managing the bank, Chairman of the Board of the National Bank of Belarus (NBB) Pavel Kallaur said in the interview with ONT TV channel aired on July 25. </p> <p> </p> <p> “The parties are considering further actions in this situation. We are waiting for proposals from Russia to update the composition of the board,” Kallaur said. </p> <p> </p> <p> When asked about Belgazprombank’s future in the Belarusian market, he said that “the bank’s future could be jointly decided upon deliberation.” </p> <p> </p> <p> Kallaur says the Russian owners of Belgazprombank were sensitive the most when the NBB proposed first time to think about the composition of the Belgazprombank Board. </p> <p> </p> <p> “This decision was in force several days, and then we revoked it. The appointment of an interim administration was an emergency solution,” Kallaur said. </p> <p> </p> <p> The interim administration was appointed to Belgazprombank on June 15, 2020 by resolution No.192 of the National Bank of Belarus of June 14, 2020. The Financial Investigations Department of the State Control Committee of Belarus searched the bank’s office on June 11 as part of the criminal case on tax evasion, and detained 20 persons, including, according to some sources, two deputy chairs of the Board. Primary shareholders (Russian Gazprom and Gazprombank) called the actions of the National Bank and Belarus’ law enforcement illegal and refused to cooperate with the interim administration. </p> <p> </p> <p> For two decades, Belgazprombank was headed by Viktor Babariko, who attempted to run for president in the election scheduled for August 9. Babariko was detained on June 18. He said that no complaints had been filed against the bank and related companies. He believes the actions of the authorities are politically motivated. </p> <p> </p> <p> Belgazprombank OJSC was established in 1990 as an authorized bank of Gazprom Group in Belarus. Russian Gazprom PJSC and Gazprombank JSC own 49.66% stake in Belgazprombank each; Gazprom Transgaz Belarus – 0.49%; the Republic of Belarus represented by the Ministry of Energy of Belarus – 0.097%. Belgazprombank is assigned to the system significance Group I. End </p>
2020-07-28
Primepress
MINSK, Jul 27 - PrimePress. Belarus invites the Russian owners of Belgazprombank (Gazprom PJSC and Gazprombank JSC) to make proposals for managing the bank, Chairman of the Board of the National Bank of Belarus (NBB) Pavel Kallaur said in the interview with ONT TV channel aired on July 25.
“The parties are considering further actions in this situation. We are waiting for proposals from Russia to update the composition of the board,” Kallaur said.
When asked about Belgazprombank’s future in the Belarusian market, he said that “the bank’s future could be jointly decided upon deliberation.”
Kallaur says the Russian owners of Belgazprombank were sensitive the most when the NBB proposed first time to think about the composition of the Belgazprombank Board.
“This decision was in force several days, and then we revoked it. The appointment of an interim administration was an emergency solution,” Kallaur said.
The interim administration was appointed to Belgazprombank on June 15, 2020 by resolution No.192 of the National Bank of Belarus of June 14, 2020. The Financial Investigations Department of the State Control Committee of Belarus searched the bank’s office on June 11 as part of the criminal case on tax evasion, and detained 20 persons, including, according to some sources, two deputy chairs of the Board. Primary shareholders (Russian Gazprom and Gazprombank) called the actions of the National Bank and Belarus’ law enforcement illegal and refused to cooperate with the interim administration.
For two decades, Belgazprombank was headed by Viktor Babariko, who attempted to run for president in the election scheduled for August 9. Babariko was detained on June 18. He said that no complaints had been filed against the bank and related companies. He believes the actions of the authorities are politically motivated.
Belgazprombank OJSC was established in 1990 as an authorized bank of Gazprom Group in Belarus. Russian Gazprom PJSC and Gazprombank JSC own 49.66% stake in Belgazprombank each; Gazprom Transgaz Belarus – 0.49%; the Republic of Belarus represented by the Ministry of Energy of Belarus – 0.097%. Belgazprombank is assigned to the system significance Group I. End