Belarus banks’ profits up 35.5% in Jan-Feb 2021 to Br209.9m
<p> MINSK, Apr 2 – PrimePress. Belarusian banks’ total balance sheet profit amounted to 209.9 million Belarusian rubles (Br) as of Mar 1, 2021, or U.S. $79.82 million at the official rate of the central bank, up 35.5% on the year, the National Bank of Belarus said in a statistical report. </p> <p> </p> <p> Banks’ regulatory capital stood at Br13.201 billion ($5bn) as of Mar 1, 2021, up 7.9% month on month and 16.7% year on year. </p> <p> </p> <p> Capital adequacy ratio stood at 18.4% as of Mar 1, 2021, to compare with 17.2% as of Jan 1, 2021 and 17.3% as of Mar 1, 2020. </p> <p> </p> <p> Return on equity of Belarusian commercial banks was at 9.1% as of Mar 1, 2021, to compare with 8.9% as of Jan 1, 2021 (10.9% as of Mar 1, 2020). </p> <p> </p> <p> Belarusian banks’ assets stood at Br92.095 billion ($35bn) as of Mar 1, 2021, up 13.7% year on year (up 1.7% month on month). </p> <p> </p> <p> Return on assets stood at 1.2% as of Mar 1, 2021 (1.1% as of Jan 1, 2021; 1.5% as of Mar 1, 2020). </p> <p> </p> <p> As of Mar 1, 2021, the total value of non-performing loans (NPL) amounted to Br3.692 billion ($1.4bn), up 6.8% month on month and 20.6% year on year. </p> <p> </p> <p> Provisions for assets exposed to credit risk reduced by 4.7% year to date in Jan-Feb 2021 to Br4.532 billion ($1.72bn) as of Mar 1, 2021, up 18.2% year on year. End (Br2.6298/$1) </p> <p> </p> <p> </p>
2021-04-03
Primepress
Belarus banks’ profits up 35.5% in Jan-Feb 2021 to Br209.9m
MINSK, Apr 2 – PrimePress. Belarusian banks’ total balance sheet profit amounted to 209.9 million Belarusian rubles (Br) as of Mar 1, 2021, or U.S. $79.82 million at the official rate of the central bank, up 35.5% on the year, the National Bank of Belarus said in a statistical report.
Banks’ regulatory capital stood at Br13.201 billion ($5bn) as of Mar 1, 2021, up 7.9% month on month and 16.7% year on year.
Capital adequacy ratio stood at 18.4% as of Mar 1, 2021, to compare with 17.2% as of Jan 1, 2021 and 17.3% as of Mar 1, 2020.
Return on equity of Belarusian commercial banks was at 9.1% as of Mar 1, 2021, to compare with 8.9% as of Jan 1, 2021 (10.9% as of Mar 1, 2020).
Belarusian banks’ assets stood at Br92.095 billion ($35bn) as of Mar 1, 2021, up 13.7% year on year (up 1.7% month on month).
Return on assets stood at 1.2% as of Mar 1, 2021 (1.1% as of Jan 1, 2021; 1.5% as of Mar 1, 2020).
As of Mar 1, 2021, the total value of non-performing loans (NPL) amounted to Br3.692 billion ($1.4bn), up 6.8% month on month and 20.6% year on year.
Provisions for assets exposed to credit risk reduced by 4.7% year to date in Jan-Feb 2021 to Br4.532 billion ($1.72bn) as of Mar 1, 2021, up 18.2% year on year. End (Br2.6298/$1)