Rating agency Expert RA confirmed Belgazprombank’s credit rating at byAAA with a stable outlook according to the national rating scale of the Republic of Belarus.
Considering the adjustment for country risk, when transferred from the national rating scale of the Republic of Belarus to the national rating scale of the Russian Federation, Belgazprombank’s credit rating was also confirmed at ruA-, outlook stable.
According to Expert RA, the confirmation of the credit rating factors in the preservation of adequate market share in the Republic of Belarus, comfortable level of capital adequacy and operational efficiency, adequate level of asset quality, comfortable liquid position, as well as high assessment of the corporate governance system. Financial and administrative support of shareholders as required and owners’ high relative financial potential have a significant positive influence on the high assessment of Bank’s creditworthiness.
The full text of the rating release by Expert RA is available on the agency’s official website.
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Credit rating agency Expert RA, founded in 1997, is currently Russia’s oldest and largest credit rating agency both by customer base and by number of employees. As at 1 July 2025 Expert RA maintained more than 1000 credit ratings, including 538 issuer ratings and 536 bond ratings. The agency's ratings are used by government agencies, stock exchanges and other entities of the Russian Federation when making decisions on the placement of financial assets, holding competitions and tenders.
Belgazprombank, established in 1990, is one of TOP-8 Belarusian banks by assets and is recognized as a systemically important bank by the National Bank. High capitalization (as at 1 December 2025 the regulatory capital amounted to BYN 1,1 bn) allows Belgazprombank to implement important country-scale projects, including cross-border projects, as well as to expand support for its key client segment – small and medium-sized companies using a broad range of banking instruments and high-tech services.
