Belgazprombank Board to be appointed in Dec 2020 – Yermakova
<p> MINSK, Nov 24 - PrimePress. The Belgazprombank Board is expected to be formed in December 2020, head of Belgazprombank’s interim administration Nadezhda Yermakova, told reporters on November 24, 2020 after a meeting with President of Belarus Alexander Lukashenko. </p> <p> </p> <p> She said the situation at the bank was not worse than in the entire banking system of Belarus. She does not link the deposit outflow from Belgazprombank observed in 2020 with the situation at the bank. </p> <p> </p> <p> According to Yermakova, the bank is operating normally, although its assets decreased by around Br1 billion ($392 million at the rate of the National Bank of Belarus) due to a decreased in the financing and lending resources. </p> <p> </p> <p> The interim administration under ex-head of the National Bank of Belarus Nadezhda Yermakova 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. </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. </p>
2020-11-25
Primepress
Belgazprombank Board to be appointed in Dec 2020 – Yermakova
MINSK, Nov 24 - PrimePress. The Belgazprombank Board is expected to be formed in December 2020, head of Belgazprombank’s interim administration Nadezhda Yermakova, told reporters on November 24, 2020 after a meeting with President of Belarus Alexander Lukashenko.
She said the situation at the bank was not worse than in the entire banking system of Belarus. She does not link the deposit outflow from Belgazprombank observed in 2020 with the situation at the bank.
According to Yermakova, the bank is operating normally, although its assets decreased by around Br1 billion ($392 million at the rate of the National Bank of Belarus) due to a decreased in the financing and lending resources.
The interim administration under ex-head of the National Bank of Belarus Nadezhda Yermakova 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.