OREANDA-NEWS. April 2, 2010. Russian and Belarusian stakeholders of Belgazprombank met in Minsk to summarize the 2009 results and adopt the guidelines for 2010. “The year 2009 was one of the best years in our bank’s life – perhaps, because of the crisis. Any crisis is a short lasting phenomenon that leads to changes in working conditions. Treating crises with this philosophy, I can say that they encourage people to show their best qualities,” said Chairman of the Belgazprombank Management Board Victor Babariko in his speech.

In 2009 the bank showed robust growth by a number of parameters. The net profit has doubled over the past year to reach almost 68 billion Belarusian rubles (nearly 25 million USD). Assets as of 1 January, 2010 stand at 2132.8 billion Belarusian rubles – a 41.6% rise on the last year. The bank’s loan portfolio grew 51.7% – reaching Br1558.7 billion.

The authorized capital has increased by 95% and totaled 426.27 billion rubles as of 1 January. Belgazprombank takes the fourth place in the country's banking system by authorized fund and the fifth - by profit.