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Organization: Development Bank of the Republic of Belarus
TIN 9909403606, LEI 253400D4JRB0M70A0687

Full name of organization
JSC "Development Bank of the Republic of Belarus"
Country of risk
Belarus
Country of registration
Belarus
Industry
Banks
Credit ratings
in foreign currency
  • M/S&P/F
    -/***/***
Bond debt
1,773 mln USD
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The main goal of the Development Bank of the Republic of Belarus OJSC is the development of a system for financing state programs and socially significant investment projects. The main tasks of JSC "Development Bank of the
The main goal of the Development Bank of the Republic of Belarus OJSC is the development of a system for financing state programs and socially significant investment projects. The main tasks of JSC "Development Bank of the Republic of Belarus" are: financing of projects included in programs approved by the President of the Republic of Belarus and (or) the Government of the Republic of Belarus, by providing loans for their implementation on their own behalf and at their own expense on the terms of urgency, payment and repayment in the manner established by the Council of Ministers of the Republic of Belarus in agreement with The President of the Republic of Belarus; acquisition of bank assets in accordance with the list of such assets and the procedure approved by the Council of Ministers of the Republic of Belarus. To achieve its goals, JSC "Development Bank of the Republic of Belarus" carries out the following operations: attraction of loans and credits; attraction of budget funds to deposits; provision of loans for the implementation of government programs on its own behalf and at its own expense on terms of urgency, payment and repayment; opening and maintaining bank accounts of legal entities participating in the implementation of projects included in state programs to accumulate a part of the proceeds directed exclusively to repay the debt owed to them; making settlements in non-cash form through correspondent and other accounts opened by the Development Bank of the Republic of Belarus OJSC with the National Bank of the Republic of Belarus and other banks; servicing and repayment of external government loans and external loans, attracted under the guarantees of the Government of the Republic of Belarus, provided for financing projects included in government programs; acquisition of bank assets on the basis of agreements on assignment of claim at the expense of funds at the disposal of the Development Bank of the Republic of Belarus

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Latest issues

News

18/11/2020 Fitch Ratings revised outlook on Development Bank of the Republic of Belarus to negative and affirmed at "B" (LT Int. Scale (foreign curr.)) credit rating
18/11/2020 Fitch Ratings revised outlook on Development Bank of the Republic of Belarus to negative and affirmed at "B" (LT Int. Scale (local curr.)) credit rating
21/09/2020 S&P Global Ratings revised outlook on Development Bank of the Republic of Belarus to negative and affirmed at "B" (Local Currency LT) credit rating
21/09/2020 S&P Global Ratings revised outlook on Development Bank of the Republic of Belarus to negative and affirmed at "B" (Foreign Currency LT) credit rating
28/05/2020 Fitch Ratings affirms Development Bank of the Republic of Belarus at "B" (LT Int. Scale (foreign curr.) credit rating); outlook stable
28/05/2020 Fitch Ratings affirms Development Bank of the Republic of Belarus at "B" (LT Int. Scale (local curr.) credit rating); outlook stable
16/04/2020 Development Bank of the Republic of Belarus’s 4 Q 2019 Y IFRS results were published
07/11/2019 Development Bank of Kazakhstan’s, Bank CenterCredit’s, PrivatBank’s, Development Bank of the Republic of Belarus’s IFRS results were published
25/06/2019 TBC Bank’s, Oschadbank’s, Baltic Development Bank’s, Development Bank of the Republic of Belarus’s IFRS results were published
11/06/2019 Fitch Ratings affirms Development Bank of the Republic of Belarus at "B" (LT Int. Scale (foreign curr.) credit rating); outlook stable
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Codes

  • TIN
    9909403606
  • LEI
    253400D4JRB0M70A0687
  • ICB
    8,300 Banks

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