Review of State-Owned Banks in Belarus

World Bank

Washington, DC

关键词: ACCESS TO FINANCE;    ACCOUNTABILITY;    AGRICULTURAL SECTOR;    AMOUNT OF CAPITAL;    ANTI-MONEY LAUNDERING;   

RP-ID  :  86040

学科分类：社会科学、人文和艺术（综合）

来源: World Bank Open Knowledge Repository

【 摘 要 】

This note reviews state-owned banks inBelarus and offers recommendations on how to strengthenthem. It covers the Belarusbank, Belagroprombank,Belinvestbank, and Paritetbank (the public banks), and therecently established Development Bank of Belarus (DBB).Recommendations focus on corporate governance, funding,ownership function, mandate, lending models, and regulationand supervision. The note is based on information providedby the public banks, the Ministry of Finance, and the NBRB.However, due to their unavailability, the team did not holdmeetings with the DBB and the Ministry of Economy. Thus, theanalyses concerning the DBB are based on the review of itslaw as well as on discussions with the Ministry of Financeand the NBRB. The note is organized as follows: after thisintroduction, section two presents an overview of the publicbanks in Belarus and the role that they play in the localeconomy; section three discusses the details of Lendingunder Government Programs (LGP) and the importance for thepublic banks of the funding attached to these programs;section four analyzes the key features of the DBB, offeringrecommendations on how strengthen it; and section five concludes.