Belgazprombank won Trade Award 2013

Press office.

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.

Belgazprombank won Trade Award 2013

During the awarding ceremony which took place on 5 August, 2014, Mr. Hovsep Voskanyan, the Head of the Representative Office of Commerzbank AG in Belarus, marked that the quality of cooperation between the two banks in the sphere of financing foreign trade transactions increased considerably, and the number of  letters of credit realized in cooperation with Belgazprombank in 2013 was considerable in the context of documentary business in Eastern Europe. He expressed satisfaction with the immaculate cooperation between the two institutions in documentary business and in foreign trade facilitation.

Sergey Shaban, the Deputy Chairman of the Board, who represented Belgazprombank in the awarding ceremony, pointed out that Commerzbank AG taking leading positions in the banking industry is also one of the main partners of the bank in the sphere of correspondent banking and trade finance. He expressed gratitude to Commerzbank AG for diversifying the variety of trade finance instruments and documentary business, which became available to Belgazprombank during the last year, and for increasing the volume of mutual cooperation in this business.

Belgazprombank, established in 1990 and controlled by Russia’s Gazprom Group, occupies a leading position in lending to small and medium enterprises.

Commerzbank AG, established in 1870, is at present one of the largest banks in Germany and Europe. The banking group of Commerzbank AG is represented in 50 countries, including Belarus, and renders services to more than 15 mln. retail customers and more than 1 mln. corporates around the world. The bank is one of the world’s leaders in performing documentary operations and providing clearing services.

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. 

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

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.

Press office.

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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