OREANDA-NEWS. November 13, 2013. In January-September 2013 the Bank generated the revenue of BYR 615,1 billion, bringing the Bank’s profitability to 8%.

As of 01.10.2013 Belagroprombank’s equity exceeded BYR 9 trillion (EUR 737 million), which accounts for 17,8% of the total equity of the domestic banking sector.

In the first nine months of 2013 Belagroprombank’s resource base grew BYR 2,6 trillion and exceeded 63,5 trillion as of 01.10.2013.

Foreign credit facilities and retail customer funds are the most significant contributors to the Bank’s resource potential.

The volume of funds attracted from retail customers increased by 39% (or BYR 4,9 trillion) to BYR 17,5 trillion. Belagroprombank outperformed its peers by 1,6-fold in terms of average growth rate of retail customer funds. Considering this, Belagroprombank’s share in this market sector increased to 16,9%.

In January-September 2013 Belagroprombank raised USD 773 million of foreign financing into the country’s economy, a 1,5-fold increase as compared to the corresponding prior year period.
Traditionally, lending into the real sector of economy is the core line in the use of the Bank’s resources.

Since the start of 2013 total gross loans to the economy provided by the Bank grew by BYR 3,2 trillion and exceeded BYR 48 trillion as of 01.10.2013. Retail loan portfolio totalled BYR 1,3 trillion.