Minsk held the General Meeting of Shareholders of Belgazprombank

Press office.

The General Meeting of Shareholders of Belgazprombank held in Minsk examined the results for the year 2017. The shareholders appreciated the work of the bank during the past year and the 2017-2020 development strategy adopted previously. Financial results of the bank, its active position on the market, professionalism of its employees and consistency in carrying out its mission all together confirm a high status of Belgazprombank in the banking industry.

Minsk held the General Meeting of Shareholders of Belgazprombank

Operating results of Belgazprombank for 2017 (press release): 

On March 28, 2018 the General Meeting of Shareholders of Belgazprombank, assembled in the conference hall of the Hotel Europe in the Belarusian capital, approved the results of the bank for the year 2017. At the end of the meeting there was a press conference with the participation of: 

  • Andrey KRUGLOV, Deputy Chairman of the Management Committee of PJSC “Gazprom”, Chairperson of the Board of Directors of Belgazprombank;
  • Alexander SOBOL, Deputy Chairman of Bank GPB (JSC), Deputy Chairperson of the Board of Directors of Belgazprombank;
  • Viktar BABARYKA, Chairman of the Management Board of Belgazprombank;
  • Vladimir MAYOROV, Director General of Gazprom transgaz Belarus. 

In the banking system Belgazprombank, one of the systemically important banks of our country, demonstrated the maximum growth of assets which amounted to 36.5%. At present in terms of assets the bank ranks 3rd and increased its market share from 5% to 6.7%. As at 01.01.2018 in absolute terms the assets of Belgazprombank reached BYN 4 303 ml, equity capital hit BYN 496.5 mln. The core indicator of profit equaled BYN 104.3 mln. 

Pursuing its mission to promote the formation and development of the middle class in the Republic of Belarus through the provision of client-oriented high-tech banking products and services, to implement projects in the social and cultural spheres Belgazprombank continued its long-standing support for nationwide cultural, educational, sports and innovative projects. 

In March 2017 Belgazprombank purchased a factory building in Oktyabrskaya street in order to create there an "Innovations Garage", an incubator for cultural and economic projects called "Ok16". The most promising independent cultural and social projects in the field of art, music and education gather together under the same roof. 

Since April 2017 a permanent gallery of the cultural project "Art-Belarus" began its work in 3 Kozlova street in Minsk in the Palace of Arts. That was the first time in our country when more than 50 masterpieces of Belarusian artists from the corporate collection of Belgazprombank were presented in the framework of one exposition. 

In the year of the 500th anniversary of Belarusian book printing the corporate collection of Belgazprombank was enlarged with "The Little Travel Book" printed by Francis Skaryna in Vilnius in 1522, a monument of national book culture. This became an occasion for an international exhibition project "The Roads of Skaryna with Belgazprombank" organized jointly with the National Library of Belarus. 

In November the formal award ceremony of winners of the art project "Autumn Salon with Belgazprombank-2017" held in Minsk for the third time took place. 

Charity and sports events are still relevant. Belgazprombank remains a regular partner of the International Children’s Charity Foundation "Chance" which provided assistance in 2017 to 115 children in the total amount of BYN 2 763 mln. 

In August Brest Handball club named after A.P.Meshkov traditionally supported by the bank won “Belgazprombank Cup 2017”. 

The annual international conference "New Reality: Challenges for Belarus" organized by Belgazprombank is already considered to be a milestone in the sphere of educational and innovative activities of the country. The event of 2017 stirred a great interest among those connected with prospective technologies, banking, finance, IT industry and entrepreneurship. In order to promote the educational mission of the conference to identify and strengthen the potential of Belarus through studying the world experience of the most successful projects in the field of new technologies, the organizers expanded the list of hot topics and included blockchain and fintech, artificial intelligence and machine learning. 

At the same time following the chosen strategy of presence on the market and digital transformation Belgazprombank won the following awards: 

  • The best partner bank of JSC Development Bank of the Republic of Belarus in the support of small and medium-sized enterprises (for the 3rd time);
  • "The best bank for small and medium business-2017" according to the findings of the user survey conducted by the financial portal;
  • Grand Prix "Bank of the Year", the first in the nomination "The Best Among Large banks" and the second in the nomination "The Most Successful Foreign Bank", "The Best Manager" according the financial portal;
  • The best mobile banking application (for the second consecutive year) according to the results of the independent contest "Consumer Experience" of the financial portal and the most functional and convenient mobile bank in Belarus according to the Russian consulting agency Markswebb. 

One can say with certainty that this year the bank will continue to move forward both in the financial and banking sector and with social and cultural projects. Belgazprombank has always been characterized as a financial institution providing the most relevant banking products, introducing the latest information technologies, implementing modern business processes and new service level.

Dear Customers! Herewith please be kindly informed about the change in the correspondent account number of Belgazprombank for payments in KZT.

Dear Clients! Please be kindly advised of the changes in the list of main Nostro correspondent accounts of Belgazprombank in USD and EUR.

Press office.

Fitch Ratings has upgraded Belgazprombank’s Viability Rating (VR) to ‘b’ from ‘b-‘. It has also affirmed the Long-Term Issuer Default Ratings (IDRs) of Belgazprombank at 'B' with Stable Outlook.

During the meeting in Minsk Belgazprombank and Helaba signed the general agreement on long-term financing of trade projects.
The syndication includes two tranches – 1.5 and 2 years respectively with the option to extend maturity for the same term.

Belgazprombank won the prestigious award from VTB Bank (Europe) SE - "STP Award 2017 Best in Class" for the outstanding quality of processing of commercial payments in euros in 2017. The award was presented to the Settlement Center of Belgazprombank at the ceremony during the 10th Forum held by VTB Bank (Europe) SE in Moscow for its correspondent banks.

On April 23, 2018, Belgazprombank and Export Insurance Company “KazakhExport” signed an Agreement on joint projects. The Agreement introduces a completely new for the Belarusian market instrument of financing of trade projects between the residents of Kazakhstan and Belarus.
In February 2018, Belgazprombank received a new credit line from Bank GPB (JSC) in the amount of EUR 40 mln. The attracted funds will be used for the development of SMEs. Priority will also be given to the financing of property acquisition.
Belgazprombank and the Administration of the China-Belarus Industrial Park Great Stone have signed an agreement on cooperation in order to create favourable conditions for expanding investment, trade-economic and scientific-technical cooperation.
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