OREANDA-NEWS.  November 16, 2012. In January-September 2012 JSC Belagroprombank demonstrated high performance growth across key financials, reported the press-centre of Belagroprombank. 

Since the start of 2012, the Bank generated the revenue of BYR 755,8 billion, a 3,5-fold increase compared with the same period of the previous year. The bank’s profitability amounted 9,2% as of  01.10.2012.

The Bank’s equity exceeded BYR 8,4 trillion (EUR 777,1 million), which accounts for 1/5 of the total  domestic equity market share in the banking sector.

In the first nine months of 2012, the Bank’s resource base grew BYR 9,3 trillion and exceeded BYR 60 trillion as of 1 October of the current year.

Foreign credit facilities and corporate and retail customer funds remain the core contributors to the Bank’s resource potential. 

The Bank’s retail customer funds increased more than 1,5-fold to exceed BYR 11,1 trillion. Belagroprombank outperformed its peers by 23 % in terms of average growth rate of retail customer funds. The Bank’s market share in this sector is 15% as of 01.10.2012.

The Bank’s corporate deposit portfolio increased by BYR 2,3 trillion, which accounts for more than 1/5 of the corresponding growth rate across the domestic banking system. Belagroprombank’s market share in the total corporate deposit portfolio is 15,7%.

In January-September 2012 the Bank raised over USD 500 million of foreign financing into the country’s economy.

Building up of its resource potential enabled Belagroprombank to significantly increase lending to the real sector of economy.

Since the start of 2012, total gross loans to the economy provided by Belagroprombank increased BYR 10,7 trillion (accounting for more than 25% of the loan growth rate across the banking sector), of which BYR 7,3 trillion account for loans in local currency. Belagroprombank contributed nearly one half of the domestic local-currency corporate loan portfolio growth.