9 month 2011 performance results of JSC Belagroprombank

Following the results of the first 9 months of this year the funding base of JSC Belagroprombank increased by 38% to over BYR 43 trillion.

Since the beginning of the year the volume of deposits in JSC Belagroprombank grew by BYR 1.8 trillion, or by 63%. The volume of deposits by economic entities grew by BYR 1.5 trillion or 57%. The share of JSC Belagroprombank in the total amount of deposits of individuals and legal entities, attracted by the banking system, increased to 12.9%.

JSC Belagroprombank continues to hold leading positions in the credit service. It accounts for more than 26% of the total amount of credit investments in the economy. During the first 9 month of this year the volume of credit granted to individuals increased by 36.6% (to BYR 1.5 trillion) and by 33.8% to legal entities (to BYR 32.6 trillion). JSC Belagroprombank holds the first place among all the commercial banks by the volume of granted loans.

According to the results of the 9 month period the profitability of the bank amounted to 5.6%. The profit exceeded BYR 213.4 billion. The amount of profit increased by 16% compared to the corresponding period of the last year. In terms of the profit JSC Belagroprombank is in the top three leaders of the banking system, being the only leader of the country’s banking system in terms of the regulatory capital.

All the established standards of the National Bank of the Republic of Belarus were secured during the accounting reference period