Belgazprombank

New Management Board of Belgazprombank has been appointed

Press office.

On 8 December 2020 the Board of Directors of Belgazprombank unanimously adopted a decision to introduce changes to the Management Board of the bank (the decision executed by the Minutes No. 4 as of 8 December 2020).

The Management Board was formed from incumbent officers of the bank. The Deputy Chairman of the Management Board Iryna Patapava was appointed as Acting Chairman of the Management Board of Belgazprombank.

The Management Board also includes Executive Director Tatiana Avramenko, Head of Financial Institutions Iryna Antonava, Director of Corporate Business Alexander Vozhdaev, Director of Retail Business Konstantin Kiryanov, Executive Director Uladzimir Karatkevich and Deputy Chairman of the Management Board Aleksandr Sotnikov.

The Temporary Administration ceased work on 10 December 2020 pursuant to the Resolution of the National Bank of the Republic of Belarus No. 392 as of 9 December 2020.

The Management Board of Belgazprombank took over the powers and authorities to manage the bank on 11 December 2020.

Belgazprombank, having retained its position as one of the country’s largest non-state-owned banks, will continue to implement its main strategic objectives – financial support of small and medium-sized businesses and retail lending.

On the New Year’s eve Belgazprombank was awarded with a well-deserved title “The Best Partner Bank” of the Development Bank for supporting small and medium enterprises (SMEs). The program of financial support for SMEs has been implemented by the Development Bank since 2014 in order to facilitate access of small and medium-sized businesses to credit resources, as well as to expand opportunities for financial leasing transactions.

Rating agency Expert RA has assigned its credit rating of ‘byAA+’ with a stable outlook to Belgazprombank. Taking into account 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 was assigned a credit rating of ‘ruВBВ+’, outlook stable.

In the framework of the banking product “Export Support” realized by Belgazprombank in cooperation with JSC “Development Bank of the Republic of Belarus” the period during which micro-, small and medium enterprises (MSMEs) can receive financing has been extended till October 2023.

Belgazprombank was awarded by the international payment system Visa in the nomination «The highest PV/TV ratio in Belarus» for the highest level of non-cash payments with Belgazprombank’s Visa bank payment cards. The share of non-cash transactions in the passing year reached 65.4% while the average indicator for the banking system of the Republic of Belarus amounted to 56%.

The major shareholders of Belgazprombank, PJSC Gazprom and Bank GPB (JSC), extended the subordinated loan provided in equal shares in the total amount of RUB 4.96 bn.

Press office.

On May 25, 2021 Fitch Ratings affirmed Belgazprombank's Long-Term Issuer Default Rating (IDR) at “B” with Negative Outlook, which is the highest rating possible for Belarusian issuers capped by the country ceiling.

The Annual General Shareholders Meeting of Belgazprombank was held on 30 March 2020 in Minsk using a video conference system.

Bank GPB (JSC) issued a press release following the visit of Gulnara Khaidarshina, Deputy Head of Research Department, to the Republic of Belarus. The release confirms a positive view on economic recovery of Belarus:

Press office.

Based on performance in January-February 2021, Belgazprombank gained profit of BYN 17.4 mln, which is 4.6 times higher than for the same period of 2020.

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