Quarterly report 1 april 2009

(million BYR) ...

Annual reports

STATEMENTS OF SAFE FUNCTIONING STANDARDS FULFILLMENT

BELGAZPROMBANK’S BALANCE SHEETS AS OF JANUARY 1, 2010

BELGAZPROMBANK’S PROFIT AND LOSS STATEMENTS FOR THE YEAR ENDED DECEMBER 31, 2009

BELGAZPROMBANK’S ...

EBRD's record investments

European Bank for Reconstruction and Development increases funding of Belarusian SME's

22 July director of the EBRD’s Group for Small Business Chikako Kuno and deputy chairman of Belgazprombank Sergey Shaban  signed ...

Belarus' banking performance in 2008

Banks increase their loan portfolio owing to state bailouts. The last year was fairly good for Belarusian banking although it saw a drastic fall in lending and profits in the ...

Consumer Loans

What you get applying for Belgazprombank lending products

•  low-doc loans;

•  simple approval process;

•  tailored loans;

•  credit decisions are taken within two days;

•  preliminary processing of ...

Belarusian banks step up assets

through funding foreign companies

Belarus’ banking system, when compared to other countries’ banking, appears an ‘island’ of tranquility and well-being. Banks continue to operate in their usual manner despite some of ...

Simply the Best

Belgazprombank continues to play a leading role in SME funding

This is a third year in a row when Belgazprombank is given the title of the ‘Best Bank Providing Services to ...

How banks make profit

Net interest margin and commissions provide most of banks' profits. However, Belarusian banks' gains on FX transactions and securities tend to grow much quicker than interest and commission incomes as ...

Belarusians save more than they spend

Personal customers fund both their own needs and the economy

Lending boom in Belarus is accompanied by a growth of savings; as a result, personal deposit growth rates are comparable ...

Belarusians save more than they spend

Real estate gives place to platinum

 

BYR deposits prove the third best money saving option

 

In the first half of 2008, of all savings options available to the Belarusians, investing in platinum bars appeared the best way ...

Reference Information & Contacts

Full name:
Belorussian-Russian Belgazprombank Joint Stock

Short name:
JSC Belgazprombank

Established
1990

The previous names:
1990-1993 - "Ekorazvitie"
1993-1997 - "Olymp"
since 1997 - JSC Belgazprombank

Licences

Belgazprombank operates in ...

Syndicated borrowings

... IFC   ... EBRD ... Cooperation in the international financial markets The Bank is working towards the expansion into the international financial markets. Belgazprombank cooperates with Belarusian and foreign banks in the sphere of money market, Forex and trade finance ... No more 'vacant' banks Investing in the Belarusian banks becomes increasingly attractive Belarusian banks' Q1 2008 performance illustrates that the banking boom continues in our country: in the period from April 1, 2007 to ... Strategy upheld, opportunities widen $30 million loans available from Belgazprombank Dmitry Kuzmich, deputy chairman of the Management Board of Belgazprombank, believes that a $75 million increase in the equity (which now totals $102 million) ... Payroll Solutions Card: Maestro, MasterCard Standard Currency – Belarusian rubles, United States dollars, Euros or Russian rubles Valid: three months to three years. No card set up or service ... Corporate Card (Maestro, MasterCard Business) Card: Maestro, MasterCard Business Currency: Belarusian rubles, United States dollars, Euros or Russian rubles Valid: from three months to three years A corporate card provides plenty of convenience ... Salary Cards:Maestro and Visa Electron Cards ... Speed Money 1. Conditions Requirement for loan eligibility: you must be a citizen of Belarus aged 21 to 65 with continuous income in Belarus. Maximum loan size depends on your average monthly ... Car Loans What you get applying for Belgazprombank lending products •  low-doc loans; •  simple approval process; •  tailored loans; •  credit decisions are taken within two days; •  preliminary processing of ... Loans Berlio Designed to suit businesses' needs, Berlio cards represent Belarus' largest system of cashless fuel payment. To sign up for the system, you are required to conclude agreements with Belgazprombank and ... EasyPay Electronic Money EasyPay features: •  Expansion of market (EasyPay has several thousand users); •  Simple and convenient payments for goods and services; •  Transparent transactions; •  Bank-guaranteed money transfers to the seller's ... Berlio What is Berlio? If long-distance driving is not uncommon for you or your employees, Berlio electronic money will be a perfect fuel card solution giving access to fuels and maintenance ... EasyPay EasyPay is an online payment system operational only in Belarus. Payment procedure Select a commodity or a service you want to buy from an online shop, place an order and ... Electronic Money EasyPay electronic money Great simplicity! ... American Express Travellers Cheques Safer than cash. If your cheque is lost or stolen, it can be replaced virtually anywhere in the world . Wherever you are, you will always have access to one ... Precious Metals Why invest in precious metals? Gold has been always associated with stability. Unlike cash that is prone to inflation or paper investments such as bonds and equities whose value is ... Precious Metals Invest your funds in gold of the highest-degree fineness that comes in 1, 5, 10, 20, 50, 100, 250, 500 and 1,000 gram bars. All bars come with a certificate ... Depository Services Belgazprombank depository offers the following services: •  As an authorized depository, it manages flow of government and National Bank bonds for the time of their circulation, redeems securities upon maturity ... Foreign Exchange Belgazprombank effects the following foreign exchange operations: •  on the Belarusian Currency and Stock Exchange: foreign currency purchase/sale •  on over-the-counter market: foreign currency purchase/sale/conversion Companies resident in and outside ... Services to companies resident outside Belarus on the Belarusian government bond market   The rules for nonresidents' operation on the government short-term bond market are almost identical to those for residents except for a few details: •  Companies resident outside Belarus are required ... 2008 equity increase Dear colleagues, Belarusian-Russian Belgazprombank Joint-Stock (“Belgazprombank”) is pleased to announce that on April 22, 2008 the National Bank of the Republic of Belarus completed the official registration of the USD ... Certificates of Deposit Belgazprombank issues registered certificates of deposit denominated in Belarusian rubles; interest is earned on the full account balance. Certificates are only issued in Belarusian rubles and can be purchased by ... Savings Accounts We have a range of business deposit options to meet your individual needs. Just choose a solution that best suits your business. 1) call account 2) term account 'Classical' •  ... Debt Capital Markets As a professional member of the bond market (license for brokerage, dealer, depository and bond management services No. 02200/0247792 as of 29.07.2007 (ref. No. 5200-1246-956, valid till 29.07.2012), Belgazprombank offers ... Interbank Transactions Foreign exchange operations •  Buying and selling currency on the Belarusian Currency and Stock Exchange •  Buying, selling and exchanging currency on over-the-counter market •  Buying and selling currency through ... Payment Services Payment Services Belgazprombank gives a priority to transactions with its correspondent banks. We aspire to become a centre to manage national currency clearing operations for many banks headquartered in the ... Financial Institutions Financial Institution Relations Maintaining strong relations with financial institutions in Russia and the CIS and Baltic states, Belgazprombank expands further into the interbank market. The bank manages national currency clearing ... Business Deposits Business Savings Accounts Companies (resident in Belarus and outside Belarus) are offered to put their national and foreign currency funds on term and call accounts. Belgazprombank opens certificates ... Payment Services With Belgazprombank, Belarus and non-Belarus companies and private entrepreneurs can open national currency accounts, subsidiary accounts, foreign currency accounts, special accounts for foreign currency purchased on the domestic foreign exchange ... LIBOR Date Unit US dollars Euros Yen     1 month 3 months 6 months 12 months 1 month 3 ... Warranties Bank Guarantees Belgazprombank's guarantee provides security for its customers' obligations. Belgazprombank undertakes to pay its client's debt to the creditor. Bank guarantee ensures that the liabilities of a debtor will ... Finance Lease Finance lease is a transaction whereby the bank (the lessor) purchases an asset from a supplier to transfer this asset to the customer (lessee) who takes the risk of ownership ... Factoring Factoring is a financial transaction whereby the bank pays for goods or services supplied by the company to the buyer; the company sells to the bank receivables due from ... Business Loans Business Loans Belgazprombank offers a range of lending products to meet your business' particular financial needs: •  Closed-end loans •  Line of credit •  Revolving line of credit •  Business ... Finance & Borrowing High-speed money Belgazprombank issued more than 10,000 Maestro cards under Speed Money programme   Speed Money lending plan underwent substantial alterations from April 2007 when it was launched. The repayment term was extended to ... Awards & Achievements In January 2002, the President of the Republic of Belarus A. Lukashenko officially thanked Mr. Babariko for his long and loyal service and significant contribution in the development of Belarus' ... NFRS Financials STATEMENTS OF SAFE FUNCTIONING STANDARDS FULFILLMENT Branches   Branch No. 1: 41 Mogilevskaya St., Minsk 220007, Belarus; Branch No. 2: 116 Bogdanovich St., Minsk 220040, Belarus; Branch No. 3:  15 Sovetskoi Konstitutsii St., ... IFRS accounts Belgazprombank Audited Financial Statement 2003 Belgazprombank Audited Financial Statement 2004 Belgazprombank Audited Financial Statement 2005 Auditor's Review 2006 Belgazprombank Audited Financial Statement 2006 Belgazprombank Audited Financial Statement ... Cooperation with International Financial Institutions Anti-Money Laundering Anti-money laundering (AML) procedures – AML is an important part of the Bank's everyday activities. Belgazprombank exercises close control of the companies and their business when opening accounts and ... Business Overview Belgazprombank is a commercial bank organized as an open joint-stock company under the laws of the Republic of Belarus and registered in the capital Minsk. The Bank has two primary ... Belarus Highlights •  in August 2007, Standard & Poor's Ratings Services assigned the Republic of Belarus the following ratings: “B+” long-term foreign currency and “BB” long-term local currency sovereign credit ratings. At ... History / Background The Bank was founded in 1990 as Ekorazvitie commercial bank by a number of Belarusian entities. It was later renamed Olymp and then, in 1997, Belgazprombank. 1996 · Accredited ... Fitch upgraded Belgazprombank to "В" In 2005 Belgazprombank was assigned its international ratings by Fitch Ratings; in 2007 the ratings were upgraded as follows: long-term Issuer Default Rating (IDR) from "B-" to "B", support rating ... Present of BGPB Activities ... Ratings Rating ... History The Bank was founded in 1990 as Ekorazvitie commercial bank by a number of Belarusian entities. It was later renamed Olymp Bank, finally being re-named Belgazprombank in 1997. 1996 •  ... EBRD The European Bank for Reconstruction and Development is providing a USD 5 mln MSME loan to Belgazprombank. On September 24, 2007 Belgazprombank and the European Bank for reconstruction and Development ... Audited IFRS Financials Dear Customers and Partners! The year 2009 has been the time of large-scale transformations for our bank. In a large part, the changes are related to the injection of another 75 ... Main Plastic Card Deposit, ‘Reliable' Savings Belgazprombank created a range of savings accounts designed to meet your individual needs •  Easy early withdrawals •  Easy arrangement We have a range of savings accounts: Belarusian rubles Payment Cards:Maestro and Visa Electron Current Accounts Belgazprombank offers you national and foreign currency account options. Current accounts are designated for holding personal funds, entering funds transferred in the account holder's name, making payments upon the account ... Belgazprombank in Brief •  a universal commercial bank rated 7 th largest among Belarusian banks in terms of assets and 3 rd in terms of shareholders' equity; •  upgraded by Fitch Ratings credit ... Bank Mission The role of Belgazprombank is to contribute to the formation of economically effective conditions fro the subjects of economy management of the Republic of Belarus by offering a wide range ... About Belarusian-Russian Belgazprombank Joint-Stock was established in November 1997 on the basis of the Olimp Bank (originally Ekorazvitie Bank, which traced its origins to 1990). The Bank is ranked the 8th ... Payment Card MasterCard Standard MasterCard ... Safe Deposit Boxes Rent a safe deposit box at Belgazprombank to store your valuables in the bank vault. Personal safe boxes are a convenient way to secure your money, bonds, documents, jewels, precious metals ... Personal Banking Payment Card Visa Classic Visa ... Money Transfers CONTACT money transfers and payments With CONTACT, you do not need to open an account to send Russian rubles, US dollars and euros to 76 countries worldwide. www.contact-sys.com Transfer ... Business Banking Corporate Card Visa ... Key Investment Considerations Chairman's Page ... MasterCard Gold Financial Performance Visa Gold Correspondent Banks LIST OF MAIN CORRESPONDENT ACCOUNTS OF BELGAZPROMBANK (S.W.I.F.T.: OLMPBY2X) ... Visa Platinum Shareholders   Fin Report ... Chairman's Page Board & Staff The Bank has a professional management team with a clear growth strategy and primary focus on increasing the value of the business. The total number of employees of Belgazprombank as ... International Ratings In 2005 Belgazprombank was assigned its international ratings by Fitch Ratings; in 2007 the ratings were upgraded as follows: long-term Issuer Default Rating (IDR) from "B-" to "B", support ... Belgazprombank shows continued leadership 65% of loans under the EBRD Microlending programme for Belarus issued by Belgazprombank   Belgazprombank continues to play a key role in running the European Bank for Reconstruction and Development Microlending programme ... Private banks building up strength while state-run banks weakening In 2007, a group of Russian-funded banks emerged in Belarus; the group's performance is equatable to that of the country's largest state-owned banks State-owned Belarusbank and ... Belgazprombank moves up to the higher league In 2008-2009, Belgazprombank's equity will be increased by $150 million at the cost of resources allotted by the bank's Russian shareholders – Gazprom and Gazprombank, said Victor Babariko, Chairman of ... Belgazprombank: a financial bridge to link Russia and Belarus Belgazprombank (formerly Ekorazvitie, then Olymp) has always positioned itself as a SME-focused bank. Right from the start, the bank was strongly committed to encouraging the formation of a middle class ... Major Shareholders Спонсоркие проекты Head office: 60/2 Pritytskogo str., 220121, Minsk Tel: +375 17 229 1629 +375 17 229 1661 Email: Information on this website is for your reference and may change during the day. Copyright © 2002-2010 Belgazprombank