Belagroprombank Presents 1H Performance
OREANDA-NEWS. September 02, 2014. In January-June 2014 the Bank generated the revenue of BYR 667,1 billion, a 21% share in the total revenue of the domestic banking sector for the first six months of the current year. The Bank’s profitability is 13,5%.
As of July 1,2014 Belagroprombank’s equity exceeded BYR 9,8 trillion (EUR 706 million), a 17,1% market share in the total equity of the domestic banking sector.
In the first six months of 2014 Belagroprombank’s resource base grew BYR 5,6 trillion (or 19,7% of its total increase across the banking system of the country) and totalled BYR 73 trillion as of July 1,2014.
Foreign credit facilities, retail and corporate customer funds remain the most important contributors to the growth of the Bank’s resource potential.
Since the start of 2014, corporate customer deposits placed with the Bank grew 10,1% (or BYR 763 billion), nearly a 30% share in the total increase of such deposits in the domestic banks.
Retail customer funds placed with the Bank increased by 19,6% to over BYR 22 trillion. Belagroprombank’s market share in this sector increased to 17,1%.
In January-June 2014 Belagroprombank raised USD 244 million of foreign financing into the domestic economy.
Substantial increase of the resource base enabled the bank to build up the financing provided to the economy and lending to individuals.
As of July 1, 2014 Belagroprombank’s corporate loan portfolio exceeded BYR 49,8 trillion. Retail loan portfolio totalled BYR 1,4 trillion.
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