Review of State-Owned Banks in Belarus

This note reviews state-owned banks in Belarus and offers recommendations on how to strengthen them. It covers the Belarusbank, Belagroprombank, Belinvestbank, and Paritetbank (the public banks), and the recently established Development Bank of Bel...

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Bibliographic Details
Main Author: World Bank
Format: Other Financial Sector Study
Language:English
en_US
Published: Washington, DC 2014
Subjects:
BID
Online Access:http://documents.worldbank.org/curated/en/2012/12/19243629/review-state-owned-banks-belarus-technical-note
http://hdl.handle.net/10986/17873
id okr-10986-17873
recordtype oai_dc
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic ACCESS TO FINANCE
ACCOUNTABILITY
AGRICULTURAL SECTOR
AMOUNT OF CAPITAL
ANTI-MONEY LAUNDERING
AUTONOMY
BALANCE SHEET
BALANCE SHEETS
BANK ASSETS
BANK CREDIT
BANK LENDING
BANK RECAPITALIZATION
BANKING INSTITUTION
BANKING LAW
BANKING SECTOR
BANKING SECTOR ASSETS
BANKING SERVICES
BANKING SYSTEM
BANKS
BID
BIDDING
BOARDS OF DIRECTORS
BORROWER
BRANCH NETWORK
CAPITAL ADEQUACY
CAPITAL INJECTION
CAPITAL INJECTIONS
CAPITAL SHARE
CAPITALIZATION
CENTRAL BANK
COMMERCIAL BANK
COMMERCIAL BANKS
CORPORATE DEPOSITS
CORPORATE GOVERNANCE
CREDIT CULTURE
CREDIT GROWTH
CREDIT GUARANTEE
CREDIT GUARANTEES
CREDIT QUALITY
CREDIT RISK
CURRENT ACCOUNT
DEBT
DEBT COLLECTION
DEBT SECURITIES
DEPOSITS
DEVELOPMENT BANK
DEVELOPMENT BANKS
ECONOMIC DEVELOPMENT
ELIGIBLE BORROWERS
EQUIPMENT
EXCESS LIQUIDITY
EXCHANGE RATE
FINANCIAL CRISIS
FINANCIAL DEEPENING
FINANCIAL INSTITUTIONS
FINANCIAL INTERMEDIARIES
FINANCIAL PRODUCTS
FINANCIAL SECTOR ASSESSMENT
FINANCIAL SERVICES
FINANCIAL STABILITY
FIXED INTEREST
FIXED INTEREST RATE
FOREIGN CAPITAL
FOREIGN EXCHANGE
FOREIGN EXCHANGE TRANSACTIONS
FOREIGN LOANS
FORMAL BANK
GOVERNANCE STANDARDS
GOVERNMENT FUNDING
GOVERNMENT GUARANTEE
GOVERNMENT GUARANTEES
GOVERNMENT OFFICIALS
HOLDING
HOUSEHOLDS
HOUSING
INFLATION
INITIAL DEPOSIT
INTEREST RATE
INTEREST RATES
INTERNATIONAL BANK
INTERNATIONAL BANKING
INTERNATIONAL FINANCIAL INSTITUTIONS
INTERNATIONAL STANDARDS
ISSUANCE
KEY CHALLENGE
LEADERSHIP
LENDER
LENDING BEHAVIOR
LENDING INSTRUMENTS
LINE OF CREDIT
LOAN
LOAN AMOUNT
LOAN CLASSIFICATION
LOAN PORTFOLIO
LOAN PORTFOLIOS
LOAN QUALITY
LOAN UNDERWRITING
LOCAL ECONOMY
LOCAL GOVERNMENTS
LONG-TERM RESOURCES
LOW INTEREST RATE
MACROECONOMIC ENVIRONMENT
MACROECONOMIC INSTABILITY
MANDATES
MARKET INTEREST RATE
MARKET INTEREST RATES
MARKET LENDING
MARKET PRICES
MARKET PRICING
MARKET SHARE
MINIMUM CAPITAL ADEQUACY RATIO
MINISTER
MINISTERS
MONETARY FINANCING
MORAL HAZARD
NON-PERFORMING LOANS
OPERATIONAL COSTS
OUTSTANDING AMOUNT
PARTIAL CREDIT
PAYMENT SERVICES
PRICE STABILITY
PRICING POLICIES
PRIVATE BANKING
PRIVATE BANKS
PRIVATE CAPITAL
PRIVATE CREDIT
PRIVATE ENTERPRISES
PRIVATE FINANCIAL INSTITUTIONS
PRIVATIZATION
PROFITABILITY
PRUDENTIAL STANDARDS
PRUDENTIAL SUPERVISION
PUBLIC BANK
PUBLIC BANKS
PUBLIC OFFICIALS
REGULATORY STANDARDS
REPAYMENT
RETURN
RISK MANAGEMENT
SAVINGS
SAVINGS BANK
SECURITIES
SECURITIES TRADING
SELF-SUSTAINABILITY
SETTLEMENT
SHAREHOLDER
SMALL BANK
SOURCE OF FUNDS
SOURCE OF INCOME
SOURCES OF FUNDS
STATE BANKS
STATE PROPERTY
SUBSIDIARY
SUBSIDIZATION
SUPERVISORY BOARD
SUPERVISORY BOARDS
SUPERVISORY FRAMEWORK
TRADING
TRANSACTION
TRANSPARENCY
TREASURY
UNFAIR COMPETITION
UNIVERSAL BANK
WHOLESALE BANK
spellingShingle ACCESS TO FINANCE
ACCOUNTABILITY
AGRICULTURAL SECTOR
AMOUNT OF CAPITAL
ANTI-MONEY LAUNDERING
AUTONOMY
BALANCE SHEET
BALANCE SHEETS
BANK ASSETS
BANK CREDIT
BANK LENDING
BANK RECAPITALIZATION
BANKING INSTITUTION
BANKING LAW
BANKING SECTOR
BANKING SECTOR ASSETS
BANKING SERVICES
BANKING SYSTEM
BANKS
BID
BIDDING
BOARDS OF DIRECTORS
BORROWER
BRANCH NETWORK
CAPITAL ADEQUACY
CAPITAL INJECTION
CAPITAL INJECTIONS
CAPITAL SHARE
CAPITALIZATION
CENTRAL BANK
COMMERCIAL BANK
COMMERCIAL BANKS
CORPORATE DEPOSITS
CORPORATE GOVERNANCE
CREDIT CULTURE
CREDIT GROWTH
CREDIT GUARANTEE
CREDIT GUARANTEES
CREDIT QUALITY
CREDIT RISK
CURRENT ACCOUNT
DEBT
DEBT COLLECTION
DEBT SECURITIES
DEPOSITS
DEVELOPMENT BANK
DEVELOPMENT BANKS
ECONOMIC DEVELOPMENT
ELIGIBLE BORROWERS
EQUIPMENT
EXCESS LIQUIDITY
EXCHANGE RATE
FINANCIAL CRISIS
FINANCIAL DEEPENING
FINANCIAL INSTITUTIONS
FINANCIAL INTERMEDIARIES
FINANCIAL PRODUCTS
FINANCIAL SECTOR ASSESSMENT
FINANCIAL SERVICES
FINANCIAL STABILITY
FIXED INTEREST
FIXED INTEREST RATE
FOREIGN CAPITAL
FOREIGN EXCHANGE
FOREIGN EXCHANGE TRANSACTIONS
FOREIGN LOANS
FORMAL BANK
GOVERNANCE STANDARDS
GOVERNMENT FUNDING
GOVERNMENT GUARANTEE
GOVERNMENT GUARANTEES
GOVERNMENT OFFICIALS
HOLDING
HOUSEHOLDS
HOUSING
INFLATION
INITIAL DEPOSIT
INTEREST RATE
INTEREST RATES
INTERNATIONAL BANK
INTERNATIONAL BANKING
INTERNATIONAL FINANCIAL INSTITUTIONS
INTERNATIONAL STANDARDS
ISSUANCE
KEY CHALLENGE
LEADERSHIP
LENDER
LENDING BEHAVIOR
LENDING INSTRUMENTS
LINE OF CREDIT
LOAN
LOAN AMOUNT
LOAN CLASSIFICATION
LOAN PORTFOLIO
LOAN PORTFOLIOS
LOAN QUALITY
LOAN UNDERWRITING
LOCAL ECONOMY
LOCAL GOVERNMENTS
LONG-TERM RESOURCES
LOW INTEREST RATE
MACROECONOMIC ENVIRONMENT
MACROECONOMIC INSTABILITY
MANDATES
MARKET INTEREST RATE
MARKET INTEREST RATES
MARKET LENDING
MARKET PRICES
MARKET PRICING
MARKET SHARE
MINIMUM CAPITAL ADEQUACY RATIO
MINISTER
MINISTERS
MONETARY FINANCING
MORAL HAZARD
NON-PERFORMING LOANS
OPERATIONAL COSTS
OUTSTANDING AMOUNT
PARTIAL CREDIT
PAYMENT SERVICES
PRICE STABILITY
PRICING POLICIES
PRIVATE BANKING
PRIVATE BANKS
PRIVATE CAPITAL
PRIVATE CREDIT
PRIVATE ENTERPRISES
PRIVATE FINANCIAL INSTITUTIONS
PRIVATIZATION
PROFITABILITY
PRUDENTIAL STANDARDS
PRUDENTIAL SUPERVISION
PUBLIC BANK
PUBLIC BANKS
PUBLIC OFFICIALS
REGULATORY STANDARDS
REPAYMENT
RETURN
RISK MANAGEMENT
SAVINGS
SAVINGS BANK
SECURITIES
SECURITIES TRADING
SELF-SUSTAINABILITY
SETTLEMENT
SHAREHOLDER
SMALL BANK
SOURCE OF FUNDS
SOURCE OF INCOME
SOURCES OF FUNDS
STATE BANKS
STATE PROPERTY
SUBSIDIARY
SUBSIDIZATION
SUPERVISORY BOARD
SUPERVISORY BOARDS
SUPERVISORY FRAMEWORK
TRADING
TRANSACTION
TRANSPARENCY
TREASURY
UNFAIR COMPETITION
UNIVERSAL BANK
WHOLESALE BANK
World Bank
Review of State-Owned Banks in Belarus
geographic_facet Europe and Central Asia
Belarus
description This note reviews state-owned banks in Belarus and offers recommendations on how to strengthen them. It covers the Belarusbank, Belagroprombank, Belinvestbank, and Paritetbank (the public banks), and the recently established Development Bank of Belarus (DBB). Recommendations focus on corporate governance, funding, ownership function, mandate, lending models, and regulation and supervision. The note is based on information provided by the public banks, the Ministry of Finance, and the NBRB. However, due to their unavailability, the team did not hold meetings with the DBB and the Ministry of Economy. Thus, the analyses concerning the DBB are based on the review of its law as well as on discussions with the Ministry of Finance and the NBRB. The note is organized as follows: after this introduction, section two presents an overview of the public banks in Belarus and the role that they play in the local economy; section three discusses the details of Lending under Government Programs (LGP) and the importance for the public banks of the funding attached to these programs; section four analyzes the key features of the DBB, offering recommendations on how strengthen it; and section five concludes.
format Economic & Sector Work :: Other Financial Sector Study
author World Bank
author_facet World Bank
author_sort World Bank
title Review of State-Owned Banks in Belarus
title_short Review of State-Owned Banks in Belarus
title_full Review of State-Owned Banks in Belarus
title_fullStr Review of State-Owned Banks in Belarus
title_full_unstemmed Review of State-Owned Banks in Belarus
title_sort review of state-owned banks in belarus
publisher Washington, DC
publishDate 2014
url http://documents.worldbank.org/curated/en/2012/12/19243629/review-state-owned-banks-belarus-technical-note
http://hdl.handle.net/10986/17873
_version_ 1764438428597878784
spelling okr-10986-178732021-04-23T14:03:40Z Review of State-Owned Banks in Belarus World Bank ACCESS TO FINANCE ACCOUNTABILITY AGRICULTURAL SECTOR AMOUNT OF CAPITAL ANTI-MONEY LAUNDERING AUTONOMY BALANCE SHEET BALANCE SHEETS BANK ASSETS BANK CREDIT BANK LENDING BANK RECAPITALIZATION BANKING INSTITUTION BANKING LAW BANKING SECTOR BANKING SECTOR ASSETS BANKING SERVICES BANKING SYSTEM BANKS BID BIDDING BOARDS OF DIRECTORS BORROWER BRANCH NETWORK CAPITAL ADEQUACY CAPITAL INJECTION CAPITAL INJECTIONS CAPITAL SHARE CAPITALIZATION CENTRAL BANK COMMERCIAL BANK COMMERCIAL BANKS CORPORATE DEPOSITS CORPORATE GOVERNANCE CREDIT CULTURE CREDIT GROWTH CREDIT GUARANTEE CREDIT GUARANTEES CREDIT QUALITY CREDIT RISK CURRENT ACCOUNT DEBT DEBT COLLECTION DEBT SECURITIES DEPOSITS DEVELOPMENT BANK DEVELOPMENT BANKS ECONOMIC DEVELOPMENT ELIGIBLE BORROWERS EQUIPMENT EXCESS LIQUIDITY EXCHANGE RATE FINANCIAL CRISIS FINANCIAL DEEPENING FINANCIAL INSTITUTIONS FINANCIAL INTERMEDIARIES FINANCIAL PRODUCTS FINANCIAL SECTOR ASSESSMENT FINANCIAL SERVICES FINANCIAL STABILITY FIXED INTEREST FIXED INTEREST RATE FOREIGN CAPITAL FOREIGN EXCHANGE FOREIGN EXCHANGE TRANSACTIONS FOREIGN LOANS FORMAL BANK GOVERNANCE STANDARDS GOVERNMENT FUNDING GOVERNMENT GUARANTEE GOVERNMENT GUARANTEES GOVERNMENT OFFICIALS HOLDING HOUSEHOLDS HOUSING INFLATION INITIAL DEPOSIT INTEREST RATE INTEREST RATES INTERNATIONAL BANK INTERNATIONAL BANKING INTERNATIONAL FINANCIAL INSTITUTIONS INTERNATIONAL STANDARDS ISSUANCE KEY CHALLENGE LEADERSHIP LENDER LENDING BEHAVIOR LENDING INSTRUMENTS LINE OF CREDIT LOAN LOAN AMOUNT LOAN CLASSIFICATION LOAN PORTFOLIO LOAN PORTFOLIOS LOAN QUALITY LOAN UNDERWRITING LOCAL ECONOMY LOCAL GOVERNMENTS LONG-TERM RESOURCES LOW INTEREST RATE MACROECONOMIC ENVIRONMENT MACROECONOMIC INSTABILITY MANDATES MARKET INTEREST RATE MARKET INTEREST RATES MARKET LENDING MARKET PRICES MARKET PRICING MARKET SHARE MINIMUM CAPITAL ADEQUACY RATIO MINISTER MINISTERS MONETARY FINANCING MORAL HAZARD NON-PERFORMING LOANS OPERATIONAL COSTS OUTSTANDING AMOUNT PARTIAL CREDIT PAYMENT SERVICES PRICE STABILITY PRICING POLICIES PRIVATE BANKING PRIVATE BANKS PRIVATE CAPITAL PRIVATE CREDIT PRIVATE ENTERPRISES PRIVATE FINANCIAL INSTITUTIONS PRIVATIZATION PROFITABILITY PRUDENTIAL STANDARDS PRUDENTIAL SUPERVISION PUBLIC BANK PUBLIC BANKS PUBLIC OFFICIALS REGULATORY STANDARDS REPAYMENT RETURN RISK MANAGEMENT SAVINGS SAVINGS BANK SECURITIES SECURITIES TRADING SELF-SUSTAINABILITY SETTLEMENT SHAREHOLDER SMALL BANK SOURCE OF FUNDS SOURCE OF INCOME SOURCES OF FUNDS STATE BANKS STATE PROPERTY SUBSIDIARY SUBSIDIZATION SUPERVISORY BOARD SUPERVISORY BOARDS SUPERVISORY FRAMEWORK TRADING TRANSACTION TRANSPARENCY TREASURY UNFAIR COMPETITION UNIVERSAL BANK WHOLESALE BANK This note reviews state-owned banks in Belarus and offers recommendations on how to strengthen them. It covers the Belarusbank, Belagroprombank, Belinvestbank, and Paritetbank (the public banks), and the recently established Development Bank of Belarus (DBB). Recommendations focus on corporate governance, funding, ownership function, mandate, lending models, and regulation and supervision. The note is based on information provided by the public banks, the Ministry of Finance, and the NBRB. However, due to their unavailability, the team did not hold meetings with the DBB and the Ministry of Economy. Thus, the analyses concerning the DBB are based on the review of its law as well as on discussions with the Ministry of Finance and the NBRB. The note is organized as follows: after this introduction, section two presents an overview of the public banks in Belarus and the role that they play in the local economy; section three discusses the details of Lending under Government Programs (LGP) and the importance for the public banks of the funding attached to these programs; section four analyzes the key features of the DBB, offering recommendations on how strengthen it; and section five concludes. 2014-04-17T14:21:15Z 2014-04-17T14:21:15Z 2012-12 http://documents.worldbank.org/curated/en/2012/12/19243629/review-state-owned-banks-belarus-technical-note http://hdl.handle.net/10986/17873 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ Washington, DC Economic & Sector Work :: Other Financial Sector Study Europe and Central Asia Belarus