Belarusian banks’ profits down 4.5% in Jan-Apr 2020 to Br278.4m
<p> MINSK, Jun 1 – PrimePress. Belarusian banks’ total balance sheet profit amounted to 278.4 million Belarusian rubles (Br) in January-April 2020, or U.S. $115.5 million at the official rate of the central bank, down 4.5% on the year, the National Bank of Belarus said in a statistical report. </p> <p> </p> <p> Banks’ regulatory capital stood at Br11.171 billion ($4.635bn) as of May 1, 2020, up 0.1% year on year (up 6.8% from May 1, 2019). </p> <p> </p> <p> Capital adequacy ratio stood at 16.6% as of May 1, 2020, to compare with 17.8% as of Jan 1, 2020, 18% as of May 1, 2019. </p> <p> </p> <p> Return on equity of Belarusian commercial banks was at 10.6% as of May 1, 2020, to compare with 10.9% as of Jan 1, 2020 and 10.7% as of May 1, 2019. </p> <p> </p> <p> Belarusian banks’ assets stood at Br86.633 billion ($35.947bn) as of May 1, 2020, up 10.6% year on year (up 19.1% from May 1, 2020). </p> <p> </p> <p> Return on assets stood at 1.4% as of May 1, 2020 (1.5% as of Jan 1, 2020), to compare with 1.5% as of May 1, 2019. </p> <p> </p> <p> As of Apr 1, 2020 the total value of non-performing loans (NPL) stood at Br3.516 billion ($1.459bn), up 28.9% from Jan 1, 2020, up 4% from May 1, 2019. </p> <p> </p> <p> Provisions for assets exposed to credit risk grew by 14.7% in Jan-Apr 2020 to Br4.197 billion ($1.741bn) as of May 1, 2020, (up 15.4% year on year). End (Br2.41/$1) </p>
2020-06-02
Primepress
Belarusian banks’ profits down 4.5% in Jan-Apr 2020 to Br278.4m
MINSK, Jun 1 – PrimePress. Belarusian banks’ total balance sheet profit amounted to 278.4 million Belarusian rubles (Br) in January-April 2020, or U.S. $115.5 million at the official rate of the central bank, down 4.5% on the year, the National Bank of Belarus said in a statistical report.
Banks’ regulatory capital stood at Br11.171 billion ($4.635bn) as of May 1, 2020, up 0.1% year on year (up 6.8% from May 1, 2019).
Capital adequacy ratio stood at 16.6% as of May 1, 2020, to compare with 17.8% as of Jan 1, 2020, 18% as of May 1, 2019.
Return on equity of Belarusian commercial banks was at 10.6% as of May 1, 2020, to compare with 10.9% as of Jan 1, 2020 and 10.7% as of May 1, 2019.
Belarusian banks’ assets stood at Br86.633 billion ($35.947bn) as of May 1, 2020, up 10.6% year on year (up 19.1% from May 1, 2020).
Return on assets stood at 1.4% as of May 1, 2020 (1.5% as of Jan 1, 2020), to compare with 1.5% as of May 1, 2019.
As of Apr 1, 2020 the total value of non-performing loans (NPL) stood at Br3.516 billion ($1.459bn), up 28.9% from Jan 1, 2020, up 4% from May 1, 2019.
Provisions for assets exposed to credit risk grew by 14.7% in Jan-Apr 2020 to Br4.197 billion ($1.741bn) as of May 1, 2020, (up 15.4% year on year). End (Br2.41/$1)