Belarusbank’s net profit up 2.2 times in H1 to Br244.819m

<p> MINSK, Sep 3 - PrimePress. Belarusbank increased its net profit by 2.2 times year on year in January-June 2021 to Br244.819 million ($97.35 million at the exchange rate of the National Bank of Belarus), according to the data published on the website of the National Bank. </p> <p>   </p> <p> Belarusbank’s net interest income grew 1.4% yoy in January-June 2021 to Br633.104 million ($251.75 million, $1/$2.5148). The bank increased net fee and commission income by 16.6% to Br195.54 million ($77.76 million); reduced net income on foreign exchange operations 43.6 times to Br58.815 million ($23.39 million); got a negative indicator of income from securities operations at Br35.679 million ($14.19 million) against a Br1.113 million profit ($442,580) as of 1 July 2020. </p> <p>   </p> <p> Belarusbank’s total assets increased by 1.9% year on year in January-June 2021 to Br37.467 billion ($14.9 billion): loans to customers down 0.3% to Br27.231 billion ($10.83 billion); assets in securities up 19.4% to Br4.9 billion ($1.95 billion); funds in other banks down 6.1% to Br2.634 billion ($1.05 billion); funds in the National Bank of Belarus up 16.7% to Br1.472 billion ($585.34 million). </p> <p>   </p> <p> Belarusbank decreased its liabilities by 0.8% yoy in January-June 2021 to Br31.785 billion ($12.64 billion). </p> <p>   </p> <p> Belarusbank increased its equity capital in January-June 2021 by 19.7% to Br5.682 billion ($2.26 billion), the authorized capital - by 27.4% to Br3.706 billion ($1.47 billion). </p> <p>   </p> <p> Belarusbank, the largest bank in Belarus, was formed in July 1991 and was transformed in October 1995 through a merger with the Savings Bank of Belarus. The government’s share in the bank's authorised capital is 98.761%. End </p>

2021-09-04

Primepress