Belgazprombank won the award for the high quality of financial reporting

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Belgazprombank received the Gold Award of the Banking Association for Central and Eastern Europe (BACEE) in the annual report competition.

Belgazprombank won the award for the high quality of financial reporting

The winners of the annual report competition were determined during the 29th BACEE Regional Banking Conference held in Budapest (Hungary) 13-14 October, 2014. Belgazprombank was the only bank from the CIS and Baltic States awarded with the gold nomination for the excellent presentation of the bank during the event and high quality of the financial statements compiled in accordance with IFRS for 2013

The BACEE 2013 Аnnual Report CompetitionGold Award was for the first time ever given to banks and non-banking financial institutions of the Central and Eastern Europe, South-East Europe and CIS. More than 60 leading financial institutions from 20 countries of the region were invited to participate in the competition. The evaluation criteria included the analysis of the quality of financial reporting, transparency and scope of disclosure, implementation of integrated financial statements.

Obtaining this award is the result of high professionalism of the Bank’s staff responsible for financial statements. Also it reflects international recognition of the transparency of the Bank’s accounting procedures and will increase confidence of the foreign financial institutions in developing business with Belgazprombank.

Dr. Horst Mahr, Honorary Chairman of BACEE, Chairman of Foreign Affairs Association, Munich; Andrei Khatsenka, Head of Business Development Financial Institutions, Belgazprombank

BACEE is a non-profit banking association founded in 1996 with the goal of promoting business relations of its member banks with financial institutions of Central and Eastern Europe. The role of the association in the region has been constantly growing. At present it has 33 member banks from 18 countries including Hungarian Export Credit Agency MEHIB, International Bank of Azerbaijan, International Investment Bank, Intesa Sanpaolo SpA., Societe Generale, UniCredit Bank Austria AG and others.


On December 16, 2014 Belgazprombank and Commerzbank AG signed the Basic Loan Agreement which gives Belgazprombank an access to long-term financing provided by the German bank under coverage of export credit agencies.

On December 19, 2014 Belgazprombank opened a correspondent account in Chinese yuans with Bank of China. Earlier, in September this year Belgazprombank opened correspondent accounts in Chinese yuans and US dollars in another Chinese bank, Agricultural Bank of China. 

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Belgazprombank was honored by Commerzbank AG with a Trade Award 2013 for high results in foreign trade financing achieved in cooperation with the German bank in 2013. This prize presented in Belarus for the first time also witnesses the recognition by the German bank of the high quality of trade finance services provided by Belgazprombank to its customers.

On October 7, the Lithuanian Art Museum hosted the media preview and presentation of a documentary and educational television project “Belarus-Born Artists of the School of Paris. It was dedicated to the beginning of broadcasting on the Lithuanian television of the TV series of the same name consisting of 7 films.

IV International Theatre Forum TEART will take place in Minsk from September 27 to October 22, 2014. The audience will see 21 performancesin two programmes – international and additional off-programme “Belarus Open. Organisers of the forum are ART Corporation Visual and Performing Arts Centre and Belgazprombank OJSC, with the support of the Ministry of Culture of the Republic of Belarus.General partner is Gazprom Transgaz Belarus OJSC.

On August 28, 2014 Belgazprombank and Eurasian Development Bank (EDB) signed the USD 10 million loan agreement with five years of maturity. This is the first project committed by EBD under its new Programme on development of agricultural sector adopted in 2013.

Press office.

Non-application of OFAC sanctions to Belgazprombank (“Bank)

On April 18, within the framework of the official visit to the Republic of Belarus, Director General of the United Nations Educational, Scientific and Cultural Organization (UNESCO) Irina Bokova visited the National Art Museum of the Republic Belarus.

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Such a great event – the exhibition ‘Ten centuries of Art in Belarus’ happens in our country once in a thousand years – told Uladzimir Prakaptsoŭ, the General Director of the National Art Museum at the official opening of this event.

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