Belorussian- Russian Belgazprombank Joint Stock · 100 % of shares owned by the largest and most...
Transcript of Belorussian- Russian Belgazprombank Joint Stock · 100 % of shares owned by the largest and most...
Belorussian- Russian
Belgazprombank
Joint Stock
Oct
ob
er 2
01
5
Authorized Bank of OAO Gazprom
in the Republic of Belarus
Belarusian
Macro >
Belgazprombank
Overview >
Belgazprombank
Financial Performance >
A stork is a symbol of Belarus
Belarus has the world’s largest population of ancient
European Bison (Belarusian Zubr) in their natural
environment - in the Belovezhskaya Pushcha
The Belarusian partisan movement in WWII was
the strongest resistance movement in Europe
MACRO OVERVIEW
Interesting facts…
Minsk became the Belarusian
capital only in 1918. Navahradak
and Vilna (today, Vilnius) were the
capitals of the Belarusian-
Lithuanian states, the Grand Duchy
of Lithuania and the Lithuanian–
Belorussian Soviet Socialist
Republic (Litbel)
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Brief History of Belarus
Since:
9th c. - Principality of Polotsk
13th c. - Grand Duchy of Lithuania
end 16th c. - Polish–Lithuanian
Commonwealth
end 18th c. - Russian Empire
20th c. - Belarus National Republic,
Soviet Socialist Republic
of Byelorussia, Lithuanian-
Byelorussian Soviet
Socialist Republic, USSR
27th July 1990 - the Republic of
Belarus
Area: 207 600 sq km
Population: 9,5 mln
Life expectancy: 73,2 years
Official language: Belarusian and Russian
Currency: Belorussian Ruble (BYR)
GDP 2014: 65,4 bn USD
GDP growth rate 2014 to 2013: 1,6%
GDP per capita 01.01.2015: US$6,9 th
Inflation rate 2014: 16,2%
External Public debt to GDP 2014: 52,8%
Sovereign ratings: Caa1
B-
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Main Industries
• metallurgy
• mechanical
engineering,
including tractors
and agricultural,
cars, machine-tool
constructing and
tool industry,
instrument making,
radio engineering,
electro technical,
electronic, optics-
mechanical
industry; and metal
working
• chemical and
petrochemical
• light industry
• food industry
3
1
35
53
57
70
79
83
Norway
Poland, Lithuania
Belarus
Russia
Kazakhstan
Georgia
Ukraine
HUMAN DEVELOPMENT INDEX
Source: Human Development Report 2014 Published for the United Nations Development Programme.
Up from 61 in 2010
1
2
3
4
5
6
7
8
South Korea
Japan
New Zealand
China
Belarus
USA
Germany
Russia
PATENT ACTIVITY*
Source: 50 Most Innovative Countries By Bloomberg Rankings – 01.02.2013.
* Patent activity - resident patent filings per million population and per USD1 mln R&D spent.
1
15
32
57
62
77
96
Singapore
Georgia
Poland
Belarus
Russia
Kazakhstan
Ukraine
EASE OF DOING BUSINESS
Source: WB-IFC Doing Business Report, 2015.
Up from 82 in 2009
1
31
53
55
63
68
80
Norway
Poland
Belarus
Kazakhstan
Ukraine
Russia
Georgia
LEGATUM PROSPERITY INDEX
Source: Legatum Institute, 2014.
Up from 58 in 2013
GROWTH ORIENTED REFORMS
4
Manufacturing 26,8%
Wholesale & Retail
Sale 13,2%
Net taxes on products
14,1% Construction 8,0%
Transport &
Communications
7,8%
Agriculture, Hunting,
Forestry 5,6%
Other 24,6%
GDP STRUCTURE AS OF 01.09.2015
Source: National Bank of Belarus,
National Statistical Committee of Belarus
As of 01.09.2015 GDP amounted to USD 32,3 bln.
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-1,1 -1,6
0,5
1,1 1,5
1,2 1,6 1,5 1,5 1,5
1,7 1,6
-0,4 -0,6
-2,0
-2,6 -3,0
-3,3
-4,0
-3,5 -4
-3
-2
-1
0
1
2
3
4
5
GDP GROWTH, Y-O-Y %
2014 2015
MORE THAN 50% OF DOMESTICALLY PRODUCED GOODS ARE EXPORTED
STRUCTURE OF FOREIGN TRADE IN GOODS
WITH CERTAIN COUNTRIES AS OF 01.08.2015
Total exports are essentially influenced by foreign trade
transactions with goods (80% as of 01.08.2015)
6
3 9
44
3 6
68
3 6
23
3 5
72
3 2
90
3 2
16
2 4
52
2 4
21
2 7
65
2 7
56
3 0
70
3 2
52
2 9
95
-3 9
71
-3 5
59
-3 6
31
-3 6
77
-3 4
18
-4 0
85
-1 9
67
-2 4
31
-2 7
25
-2 8
30
-2 8
50
-2 7
87
-2 7
70
-900
-700
-500
-300
-100
100
300
500
700
900
-5
-3
-1
1
3
5
FOREIGN TRADE, MLN USD
Export Import Balance
Source: National Bank of Belarus,
State Customs Committee of Belarus
Count r y S har e in F or e ign Tr ade Tur nov er Ex por t , mln. US D Impor t , mln. US D
Russia 47,2% 5 948 9 874
Great Britain 6,9% 2 229 81
Ukraine 5,6% 1 353 537
China 4,9% 540 1 098
Germany 4,3% 665 787
Poland 3,3% 466 657
Lithuania 2,3% 619 154
Netherlands 2,0% 537 130
Source: National Bank of Belarus
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35 215 37 098
39 621 39 275 40 802 40 552
40 024 38 231 37 935
2 612 4 209 6 168
2 459 4 973
8 801 11 057
2 242 3 747
0%
10%
20%
30%
40%
50%
60%
0
5
10
15
20
25
30
35
40
45
Со
тни
US
D m
ln
EXTERNAL DEBT: ABSOLUTE & RELATIVE MEASURES
External Debt External Debt Servicing External Debt, % of GDP Reserve Assets, % of External Debt
6,43 6,21 6,29 6,00 6,02 5,82
5,06 4,72 4,65 4,56 4,57 4,61 4,62 4,68 4,57
0
2 000
4 000
6 000
8 000
10 000
12 000
14 000
16 000
18 000
20 000
0
2
4
6
8
10
Exc
ha
nge
Ra
te, B
YR
Inte
rna
tio
na
l res
erve
s, b
ln U
SD
INTERNATIONAL RESERVES
International Reserves BYR/$
23,5 23,5 23,5 23,5 22,5 21,5 21,5 20,5 20,0 20,0 20,0 20,0
20,0 25,0 25,0 25,0 25,0 25,0 25,0 25,0
2,4
4,1 4,9
5,9 6,5
7,3 7,5 7,8
3,6
4,9 6,6
8,9 10,2
11,1 12,0
13,4 14,8 15,5
16,2
0
20
40
60
80
100
120
140
160
180
200
10
5
0
5
10
15
January February March April May June July August September October November December
Ref
ina
nci
ng
rate
, %
CP
I, %
CPI AND REFINANCING RATE IN 2014-2015
Refinancing rate 2014 Refinancing rate 2015 CPI 2015 CPI 2014
NFRS statements as of 01.09.2015
Belarus is one of the most concentrated CEE banking markets, with the TOP-5
banks there accounting for around 80% of the banking sector’s total assets
BELARUS BANKING SYSTEM
8
State-owned banks
65,11%
Banks with foreigh
capital (assets over
USD 1 bln) 10,25%
Belgazprombank
4,62%
Other Banks 9,82%
MARKET SHARE BY ASSETS
BPS-Sberbank
30,06%
BelVEB 16,11%
Belgazprombank
13,25% VTB Bank (Belarus)
6,65%
Alfa-bank 6,42%
Priorbank 12,44%
Other 15,07%
MARKET SHARE OF BANKS WITH FOREIGN
CAPITAL BY ASSETS
According to NFRS statements as of 01.09.2015
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Other Banks
40,6%
16,4%
10,5%
6,4%
5,1%
3,9%
4,6%
2,3%
1,6%
8,6%
41,1%
16,1%
10,6%
5,9%
5,1%
4,7%
4,5%
2,3%
1,7%
8,1%
42,1%
15,4%
10,5%
5,9%
5,6%
4,6%
4,3%
2,3%
2,2%
7,0%
MARKET SHARE IN TOTAL
ASSETS
6th
39,6%
17,5%
7,1%
6,4%
4,2%
4,9%
5,1%
1,2%
1,6%
12,3%
38,0%
15,5%
7,2%
6,8%
4,7%
5,3%
4,9%
2,7%
1,8%
13,2%
43,9%
14,4%
6,2%
6,2%
5,9%
4,9%
3,8%
2,3%
1,8%
10,6%
MARKET SHARE IN AUTHORIZED
CAPITAL
YE2013
YE2014
8M2015
Other Banks
5th
59,6%
14,7%
21,3%
17,6%
44,7%
55,3%
21,9%
13,0%
10,0%
6,7%
13,3%
35,1%
18,5%
17,5%
16,7%
9,8%
8,8%
28,7%
MARKET SHARE IN PROFIT
Other Banks
3rd
37,0%
24,1%
12,2%
6,7%
6,6%
3,4%
4,9%
5,0%
37,6%
20,7%
12,3%
6,3%
6,5%
3,7%
4,3%
8,5%
36,3%
19,4%
13,2%
6,6%
6,2%
4,6%
4,0%
9,7%
MARKET SHARE IN CORPORATE
LOANS
YE2013
YE2014
8M2015
Other Banks
6th
49,66 %
49,66 %
0,18 % 0,49 %
OWNERSHIP STRUCTURE
Belgazprombank, established in 1990, is a privately owned commercial bank with almost
100 % of shares owned by the largest and most reliable Russian holding, i.e. Gazprom Group
BRIEF OVERVIEW
10
The mission of Belgazprombank is
the assistance in the formation of
middle class within the framework
of efficient market economy on the
basis of maximal satisfaction of
financial needs of economic entities
of the Republic of Belarus through
providing a full range of customized,
processively organized, high-tech
banking products and services.
The underlying principles of Belgazprombank’s strategy:
consistency of the Bank’s activity with the main
trends of the economy and the banking sector;
compliance of the content and structure of the
Bank’s strategy with the current legislation;
coordination of the Bank’s activities in the
framework of unified development directions with
Gazprombank;
the observance of corporate ethics regulations;
application of international experience and
introduction of new technologies in the field of
banking business.
2011 2014 Change
Equity
(USD mln)
142,8 274,8 2x
Total assets
(USD bln)
0,94 1,85 2x
Market share by
total assets
1,8% 4,7% 2x
• Universal commercial bank;
• Confident market position:
No.3 in Belarus by profit, No.5 by equity
(5,9%), No.6 by assets (4,6%), corporate
loans (4,6%) and corporate clients
deposits (7%) (as of 01.09.2015, NFRS);
• Strong brand name recognition:
Belgazprombank offers broad range of
financial products to retail and corporate
market through a branch network of 6
regional offices, 59 smaller outlets and
135 other service points to approximately
1,23 mln retail customers and 25,6 th
legal entities (including individual
entrepreneurs) as of 01.10.2015;
• Number of employees: 1,8 th as of
01.10.2015;
• Credit Rating:
‘B-’ with ‘Stable’ outlook;
• International audit:
2013 2014 Change
Total Assets (USD mln) 1604 1852 15%
Loans to customers (USD mln) 972 1049 7,9%
Customer funds (USD mln) 772 1057 36,9%
Net Profit (USD mln)* 49,1 44,7
Tier I Capital Adequacy Ratio (Basle II) 16% 14%
Total Capital Adequacy Ratio (Basle II) 16% 14%
FAST-MOVING BANK STRATEGY
IFRS statements
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* without IAS29 application
• Experienced management with deep
understanding of local market and strong
track record;
• Sustainable growth combined with strong
capital and profitability:
1994–1996
1996–2006
2006–2007
2008–2014
2015 - present
BALANCE SHEET RESULTS
12
Belgazprombank is highly capitalized and strong capital
dynamics is one of our strengths
IFRS statements
FINANCIALS HIGHLIGHTS & LIQUIDITY
01.01.2013 01.01.2014 01.01.2015 01.09.2015
CAR 21,3% 13,4% 13,1% 18,5%
CIR 34,5% 44,7% 37,3% 27%
ROE 23,6% 24,1% 29,6% 33,4%
ROA 3,8% 4,0% 4,4% 4,4%
On-demand
liquidity 207,4% 168,8% 126,9% 123,1%
Current liquidity 122,3% 120,8% 133,9% 204,5%
Short-term
liquidity 1,6 1,6 3,3 2,7
Managerial Accounts, NFRS
734 859 940
1 283
1 604 1 852
1 683
541 651
823 1 009
1 319 1 577
1 452 193
207 117
274
285
275
231
2009 2010 2011 2012 2013 2014 6m2015
ASSETS, LIABILITIES & EQUITY DYNAMICS, MLN USD
Assets Liabilities Equity
Diversified assets structure
IFRS statements as of 01.07.2015
Funding structure is well-balanced
customer accounts
28%
individual customer
accounts 30%
due to financial
institutions 25%
debt securities
issued 3%
other liabilities 14%
LIABILITIES STRUCTURE
loans to customers
57,5%
retail loans 5,0%
cash & cash
equivalents 7,4%
derivative financial
instruments 4,7%
securities 3,7%
investments available
for sale 15,0%
property, equipment
& intangible assets
3,5%
due from banks &
other financial
institutions 1,2%
other assets 1,4%
ASSETS DISTRIBUTION
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Strong dynamics of the loan portfolio combined
with high diversification
IFRS statements as of 01.07.2015
trade 26%
retail portfolio 8%
chemistry &
petrochemistry 8%
machinery 8%
metallurgy industry 7% transport 5%
oil industry 5%
investment property 6%
food industry 7%
construction 3%
financial & insurance
services 2%
light industries 2%
agriculture 1%
timber industry 2%
gaz transportation 3%
energetics 1%
other sectors 7%
SECTOR BREAKDOWN OF LOAN PORTFOLIO
465,1
594,7
485,8 719,6 971,9
352,1
369,3 460,2
666,0
771,6
2011 2012 2013 2014 6m2015
LOAN PORTFOLIO & CUSTOMER ACCOUNTS DYNAMICS, MLN USD
Loans to customers
Customer accounts
LOAN PORTFOLIO
14
Diversified structure of loan portfolio by duration
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Managerial Accounts as of 01.07.2015, NFRS
1-30 days
7%
30-90 days
13%
90 days - 1 year
32%
over 1 year
48%
LOANS TO CUSTOMERS BY TENOR
collateralized by real
estate 28%
collateralized by
inventories 10%
collateralized by
equipment 10% guarantees of
individuals 12%
liens over receivables
9%
guarantees of legal
entities 9%
other types of
collateral 22%
LOANS STRUCTURE BY COLLATERAL
IFRS statements as of 01.07.2015
Highly collateralized loan portfolio
NPL ratios
2010 2011 2012 2013 2014 8M2015
Share of NPL*
in Loan
Portfolio, %
0,5 0,2 1,7 0,2 0,6 1,6
Share of
Problem
loans**
in Loan
Portfolio, %
0,7 0,4 2 0,3 1,6 1,7
Proficient due diligence and risk management
processes predetermine high loan portfolio quality
* NPL include loans with outstanding indebtedness from 1 day.
** Problem loans include NPL & Restructured Loans.
Managerial Accounts, NFRS
0,6%
1,7% 0,3%
1,1%
0,1%
0,6%
0,1%
0,2%
0,0%
0,5%
1,0%
1,5%
2,0%
2,5%
3,0%
3,5%
4,0%
Legal Entities, % of corporate LP
Individuals, % of retail LP
STRUCTURE OF PROBLEM LOAN PORTFOLIO
BY NUMBER OF DAYS IN ARREARS
181- 360 days
91-180 days
31-90 days
<30 days
LOAN LOSS RESERVES – 5% OF CORPORATE LP
LOAN LOSS RESERVES – 2,8% OF RETAIL LP
Managerial Accounts as of 01.07.2015, NFRS
16
IFRS statements as of 01.07.2015
staff costs 41%
depreciation &
amortization 7%
social security
contributions 9%
contributions to
individuals' deposits
protection fund 7%
rent & property &
equipment
maintenance 3%
expences for services
of automated
interbank and
international
settlement system
6%
other 27%
OPERATING EXPENSE STRUCTURE
net interest income
28%
fee and commission
income 18%
other non-interest
income 54%
OPERATING INCOME STRUCTURE
INCOME AND EXPENSES B
elaru
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Ma
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Belga
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usin
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Most banks in Belarus recognized losses under IFRS for 2011 as a result of
the hyperinflationary status assigned to Belarus and the application of IAS 29
(Financial Reporting in Hyperinflationary Economies)
IFRS statements
84,7 91,0
110,2
157,3 167,1
176,7
99,0
47,1 41,3
58,1
85,7 83,5
91,8
61,4
0
20
40
60
80
100
120
140
160
180
200
2009 2010 2011 2012 2013 2014 6m2015
INTEREST INCOME & EXPENSE DYNAMICS, MLN USD
Interest Income
Interest Expense
Net Interest Income
Net Non-Interest Income
60,4
79,3 86,4
127,3
116,5 122,7
76,3
28,5 39,2
33,6
47,3
60,9 68,7
34,6
-60
-40
-20
0
20
40
60
80
100
120
140
2009 2010 2011 2012 2013 2014 6m2015
OPERATING INCOME & EXPENSE DYNAMICS, MLN USD
Operating Income
Operating Expense
Profit Before Tax
Net Profit
18
While the focus remains on providing services to domestic customers, Belgazprombank also
developed a large international network of partner banks: more than 100 foreign
and international FIs are our esteemed partners
COOPERATION WITN FIs
August 2010
USD 15 MM 5-year MSME Credit Line
USD 15 MM 9-year Housing Finance
Credit Line
September 2011
USD 5 MM 5-year SME Credit Line
May 2012
USD 15 MM 5-year SME Credit Line
December 2012
USD 10 MM 5-year MSME Credit Line
February 2013
USD 13 MM 5-year EE Credit Line
May 2013
USD 45 MM 3-year Credit Line
July 2013
USD 10 MM 5-year MSME Credit Line
August 2013
USD 20 MM 5-year SME Credit Line
November 2013
EUR 20 MM MSME Credit Line
February 2014
EUR 30 MM MSME A+B Facility
August 2014 BYR 150 BN MSME Credit Line
February 2015
BYR 100 BN MSME Credit Line
December 2012
USD 10 MM (in BYR equivalent) 4-year
MSME Credit Line
March 2014
EUR 20 MM Business Mortgage Financing
Credit Line
August 2014
USD 10 MM Agricultural Sector Financing
Credit Line
Tied Credit Facilities
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Managerial Accounts as of 01.09.2015
93,9
69,4
370,4
17,1 1,6
169,8
Total
Import LCs
(incl. conf. & postfin/discount)
Export LCs Guarantees
TRADE FINANCE OPERATIONS DYNAMICS BY VOLUME,
MLN USD
2014 8m2015
339
14
60
130
3
35
Total
Import LCs
(incl. conf. & postfin/discount)
Export LCs Guarantees
TRADE FINANCE OPERATIONS DYNAMICS BY NUMBER
2014 8m2015
20
TRADE FINANCE & TREASURY TRANSACTIONS
Managerial Accounts as of 01.09.2015
Industry 27,1%
Construction 1,9%
Trade and Public
Catering 54,2% Finance and
Insurance 6,1%
Transportation and
road facilities 4,6%
General commerce
4,1%
Material Production
1,1%
Other 0,9%
BREAKDOWN OF TF PORTFOLIO BY ECONOMIC SECTOR
Asia 6,9% Baltics 23,7%
Europe (except CEE
countries) 49,2% CIS (except Russia)
2,6%
CEE 14,1%
Russia 3,6%
BREAKDOWN OF TF PORTFOLIO BY COUNTRY
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Internal Government Debt
Instruments of the
Ministry of Finance of the
Republic of Belarus 38%
External Government
Debt of the Republic of
Belarus (Eurobonds) 8%
Eurobonds of Foreign
Governments & Banks
11%
Government Debt
Instruments of Foreign
Countries 2%
Bonds of the National
Bank of the Republic of
Belarus and the
Development Bank of the
Republic of Belarus 18%
Belarusian Bank Bonds
8%
Belarusian Corporate
Bonds 15%
SECURITY PORTFOLIO STRUCTURE AS OF 01.10.2015
Belgazprombank is an active participant on global financial markets. In order to manage
market risks there is a tiered system of limits for various types of assets, markets and
operations. The Bank’s Committee on Asset and Liability Management is responsible for
implementing asset and liability policy and managing market risks as determined by the
Bank’s Board. It holds regular meetings and makes executive decisions.
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%
мбк мбк мбд мбд
INTERBANK LOANS AND DEPOSITS STRUCTURE
BY CURRENCY IN 2014-2015
RUB
USD
EUR
BYR
Interbank Loans 2014 Interbank Deposits 2014 Interbank Loans
9M2015
Interbank Deposits
9M2015
Managerial Accounts
22
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Germany
«Best Internet-
Banking System»
within the
Framework of the
Contest «Bank of the
Year 2012», Belarus
«Most Active GTFP
Issuing Bank in
Europe and Central
Asia for Energy
Efficiency», IFC 2011
Gratitude 2012«For
multiannual financial
promotion
of projects aimed at
Belorussian national
culture development»,
Belarus
Gratitude 2013, 2011 «For
significant contribution
to the implementation of
charitable programs»
International Children’s
Charitable Foundation
Chance, Belarus
«Trade Award
2013»,
Commerzbank AG,
Germany
«Socially responsible
brand» within the
framework
of the Contest «Brand of
the Year 2010», Belarus
«Best Services for
Entrepreneurs» within the
framework of the Contest
«Brand of the Year 2013»,
Belarus
«2011 Elite Quality
Recognition
Award»,
J.P. Morgan, USA
Gold Award of the Banking
Association for Central and
Eastern Europe (BACEE) in
the annual report
competition 2014
The recognition of our efforts brings pride to all of us and confirms the invaluable price
Belgazprombank receives from its stakeholders – our shareholders, customers and
employees
AWARDS
«STP Award 2014»
Commerzbank AG,
Germany
Bela
rusia
n M
acro
B
elgazp
rom
ba
nk O
verview
B
elgazp
rom
ba
nk Fin
an
cial P
erform
an
ce
Bu
siness S
egm
ent D
iscussio
n
23
Belgazprombank is focused on the double layered goal of enhancing corporate
social responsibility and customer satisfaction with professional banking services to
cope with the changes in the market and supporting various cultural events
International Children’s Charity Foundation Chance
The Foundation, established and is supported by Belgazprombank, is currently
recognized by the independent Experts as the most significant non-governmental
charity foundation in the Republic of Belarus and one of the most successful projects
in this field. More than 300 children received help over the recent 5 years for the total
amount over USD 3 mln.
Project «Art-Belarus»
The initial idea of a corporate collection «Paris School Artists of Belarus» developed
into a nationwide project «Art-Belarus» aimed at a historical overview of the fine arts
evolution in Belarus in its plenitude and integrity.
International Theater Forum «TEART»
Annual international theater forum «TEART» conducted under the auspices of
Belgazprombank has acquired the status of one of the most important cultural events
in Belarus.
International Handball Tournament
Annual tournament «Belgazprombank’s Cup» with the participation of clubs from
Russia, Ukraine, Poland, Spain, France, Macedonia and other countries has become
one of the most prestigious international tournaments held within former Soviet
territory.
“…While, in our opinion, theatrical art demonstrates the
integration of Belarus into world culture and we try to understand
the present-day theatre and imagine the theatre of the future – the
collection of art works is a mere flashback. Such projects can be
merged to fulfil one important task – to shape our future based on
our past, taking our present into account...”
Viktar Babaryka
Chairman of the Management Board of Belgazprombank
24
SOCIAL ACTIVITY
Address: 60/2 Pritytsky St., 220121 Minsk, Belarus
SWIFT: OLMPBY2X
Telex: 252104 OLIMP BY
E-mail: [email protected]
www.belgazprombank.by
CONTENTS
BELARUSIAN MACRO • INTERESTING FACTS (p.2)
• BRIEF OVERVIEW (p.3)
• GROWTH ORIENTED REFORMS (p.4)
• GDP (p.5)
• FOREIGN TRADE (p.6)
• EXTERNAL DEBT INDICATORS, CPI AND REFINANCING RATE (p.7)
• BELARUS BANKING SYSTEM (p.8)
• COMPETITIVE LANDSCAPE (p.9)
BELGAZPROMBANK OVERVIEW • OWNERSHIP STRUCTURE (p.10)
• MISSION AND UNDERLYING PRINCIPLES (p.10)
• KEY FACTS (p.11)
BELGAZPROMBANK FINANCIAL PERFORMANCE • BALANCE SHEET RESULTS (p.12)
• LOAN PORTFOLIO (p.14)
• INCOME & EXPENSES (p.17)
BUSINESS SEGMENT DISCUSSION • COOPERATION WITN FIs (p.19)
• TRADE FINANCE (p.20)
• TREASURY TRANSACTIONS (p.22)
AWARDS (p.23)
SOCIAL ACTIVITY (p.24)
CONTACTS (p.26)
25
Mr. Sergey V. Shaban
Deputy Chairman of the Board
+375 17 229 15 35
Mrs. Irina A. Antonova
Head of Global Financial
Institutions
+375 17 218 36 55
Mr. Andrei A. Khatsenka
Head of Financial Institutions
+375 17 218 36 55
Address: 60/2 Pritytsky St.,
220121 Minsk, Belarus
SWIFT: OLMPBY2X
Telex: 252104 OLIMP BY
E-mail: [email protected]
www.belgazprombank.by