NBB Chairman Pledges Banks Will Find Reserves to Lend to Real Sector
OREANDA-NEWS. On 14 August 2009 was announced, that banks will find reserves to extend loans to the real economy, the chairman of the National Bank of Belarus (NBB), Petr Prokopovich, told President Alexander Lukashenko late.
Prokopovich said banks would find resources to finance procurement of grain, flax, etc.
Prokopovich told the head of state the central bank was working hard in July to lend to the real sector; the payment system operated steadily, and net sales of foreign exchange by the NBB shrank 37.5%. The exchange rate of the Belarusian ruble against the basket of three currencies showed almost no change in July.
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