Publication: Review of State-Owned Banks in Belarus
Date
2012-12
ISSN
Published
2012-12
Author(s)
World Bank
Abstract
This note reviews state-owned banks in
Belarus and offers recommendations on how to strengthen
them. It covers the Belarusbank, Belagroprombank,
Belinvestbank, and Paritetbank (the public banks), and the
recently established Development Bank of Belarus (DBB).
Recommendations focus on corporate governance, funding,
ownership function, mandate, lending models, and regulation
and supervision. The note is based on information provided
by the public banks, the Ministry of Finance, and the NBRB.
However, due to their unavailability, the team did not hold
meetings with the DBB and the Ministry of Economy. Thus, the
analyses concerning the DBB are based on the review of its
law as well as on discussions with the Ministry of Finance
and the NBRB. The note is organized as follows: after this
introduction, section two presents an overview of the public
banks in Belarus and the role that they play in the local
economy; section three discusses the details of Lending
under Government Programs (LGP) and the importance for the
public banks of the funding attached to these programs;
section four analyzes the key features of the DBB, offering
recommendations on how strengthen it; and section five concludes.
Link to Data Set
Citation
“World Bank. 2012. Review of State-Owned Banks in Belarus. © Washington, DC. http://hdl.handle.net/10986/17873 License: CC BY 3.0 IGO.”