Belarusbank’s profit down 37.8% in Jan-Jun 2020 to Br110.813m
<p> MINSK, Jul 29 - PrimePress. ASB Belarusbank OJSC reports a 37.8% year-on-year decrease in its profit in January-June 2020 to Br110.813 million ($46 million at the rate of the National Bank of Belarus), says the National Bank of Belarus (NBB). </p> <p> </p> <p> Belarusbank increased its net interest income in Jan-Jun 2020 by 3.5% year on year to Br624.361 million ($259 million). The net fee and commission income was up 8.4% to Br167.662 million ($69.6m); net income from operations with foreign exchange – up 120% to Br104.294 million ($43.3m); net income from operations with securities – down 4.7% to Br1.113 million ($461,800). </p> <p> </p> <p> Belarusbank’s total assets increased in Jan-Jun 2020 by 11.9% yoy to Br33.771 billion ($14bn). Loans to customers increased by 14.8% to Br23.644 billion ($9.8bn); assets in securities – up 8.4% to Br3.913 billion ($1.6bn); funds in other banks – up 3.1% to Br3.085 billion ($1.3bn); funds in the National Bank of Belarus – down 0.7% to Br1.86 billion ($771.7m). </p> <p> </p> <p> Belarusbank’s liabilities increased in Jan-Jun 2020 by 13.7% year on year to Br29.536 billion ($12.25 billion), including customers’ funds in the bank – up 10.7% to Br21.675 billion ($9bn); banks’ funds – up 35.6% to Br6.139 billion ($2.6bn); funds of the National Bank of Belarus – up 130% to Br147.7 million ($61.3m). </p> <p> </p> <p> Belarusbank increased its equity capital in Jan-Jun 2020 by 0.4% year on year to Br4.235 billion ($1.757bn); authorized capital – up 0.02% to Br2.663 billion ($1.1bn). </p> <p> </p> <p> Belarusbank, Belarus’ largest bank, was founded in July 1991, and was transformed in October 1995 through a merger with Sberbank of Belarus. The state holds the 98.761% share in the authorized capital of the bank. End (Br2.4103/$1) </p>
2020-07-30
Primepress
Belarusbank’s profit down 37.8% in Jan-Jun 2020 to Br110.813m
MINSK, Jul 29 - PrimePress. ASB Belarusbank OJSC reports a 37.8% year-on-year decrease in its profit in January-June 2020 to Br110.813 million ($46 million at the rate of the National Bank of Belarus), says the National Bank of Belarus (NBB).
Belarusbank increased its net interest income in Jan-Jun 2020 by 3.5% year on year to Br624.361 million ($259 million). The net fee and commission income was up 8.4% to Br167.662 million ($69.6m); net income from operations with foreign exchange – up 120% to Br104.294 million ($43.3m); net income from operations with securities – down 4.7% to Br1.113 million ($461,800).
Belarusbank’s total assets increased in Jan-Jun 2020 by 11.9% yoy to Br33.771 billion ($14bn). Loans to customers increased by 14.8% to Br23.644 billion ($9.8bn); assets in securities – up 8.4% to Br3.913 billion ($1.6bn); funds in other banks – up 3.1% to Br3.085 billion ($1.3bn); funds in the National Bank of Belarus – down 0.7% to Br1.86 billion ($771.7m).
Belarusbank’s liabilities increased in Jan-Jun 2020 by 13.7% year on year to Br29.536 billion ($12.25 billion), including customers’ funds in the bank – up 10.7% to Br21.675 billion ($9bn); banks’ funds – up 35.6% to Br6.139 billion ($2.6bn); funds of the National Bank of Belarus – up 130% to Br147.7 million ($61.3m).
Belarusbank increased its equity capital in Jan-Jun 2020 by 0.4% year on year to Br4.235 billion ($1.757bn); authorized capital – up 0.02% to Br2.663 billion ($1.1bn).
Belarusbank, Belarus’ largest bank, was founded in July 1991, and was transformed in October 1995 through a merger with Sberbank of Belarus. The state holds the 98.761% share in the authorized capital of the bank. End (Br2.4103/$1)