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Belarus, Jan–Jun 2026

Belarus Bond Arrangers Ranking, Jan–Jun 2026

Last updated 17/07/2026
  • #
  • Investment Bank
  • Amount, mln USD
  • Number of issuers
  • Number of issues
  • 1
  • Development Bank of the Republic of Belarus
  • 763
  • 1
  • 4
  • Amount, mln USD | Share, %
    763 | 52.26
  • Number of issuers | Number of issues
    1| 4
  • <app-asterisks >***</app-asterisks>
  • <app-asterisks >***</app-asterisks>
  • <app-asterisks >***</app-asterisks>
  • <app-asterisks >***</app-asterisks>
  • 2
  • Belagroprombank
  • 123
  • 2
  • 2
  • Amount, mln USD | Share, %
    123 | 8.40
  • Number of issuers | Number of issues
    2| 2
  • <app-asterisks >***</app-asterisks>
  • <app-asterisks >***</app-asterisks>
  • 3
  • Aigenis
  • 116
  • 8
  • 18
  • Amount, mln USD | Share, %
    116 | 7.97
  • Number of issuers | Number of issues
    8| 18
  • <app-asterisks >***</app-asterisks>
  • <app-asterisks >***</app-asterisks>
  • <app-asterisks >***</app-asterisks>
  • <app-asterisks >***</app-asterisks>
  • <app-asterisks >***</app-asterisks>
  • <app-asterisks >***</app-asterisks>
  • <app-asterisks >***</app-asterisks>
  • <app-asterisks >***</app-asterisks>
  • <app-asterisks >***</app-asterisks>
  • <app-asterisks >***</app-asterisks>
  • <app-asterisks >***</app-asterisks>
  • <app-asterisks >***</app-asterisks>
  • <app-asterisks >***</app-asterisks>
  • <app-asterisks >***</app-asterisks>
  • <app-asterisks >***</app-asterisks>
  • <app-asterisks >***</app-asterisks>
  • <app-asterisks >***</app-asterisks>
  • <app-asterisks >***</app-asterisks>
  • 4
  • Belinvestbank
  • 106
  • 1
  • 3
  • Amount, mln USD | Share, %
    106 | 7.25
  • Number of issuers | Number of issues
    1| 3
  • <app-asterisks >***</app-asterisks>
  • <app-asterisks >***</app-asterisks>
  • <app-asterisks >***</app-asterisks>
  • 5
  • Belarusbank
  • 104
  • 5
  • 8
  • Amount, mln USD | Share, %
    104 | 7.13
  • Number of issuers | Number of issues
    5| 8
  • <app-asterisks >***</app-asterisks>
  • <app-asterisks >***</app-asterisks>
  • <app-asterisks >***</app-asterisks>
  • <app-asterisks >***</app-asterisks>
  • <app-asterisks >***</app-asterisks>
  • <app-asterisks >***</app-asterisks>
  • <app-asterisks >***</app-asterisks>
  • <app-asterisks >***</app-asterisks>
  • Other investment banks
  • 248
  • 30
  • 42
  • Amount, mln USD | Share, %
    248 | 17
  • Number of issuers | Number of issues
    30 | 42
  • Total
  • 1,460
  • 42
  • 71
  • Amount, mln USD | Share, %
    1,460 | 100
  • Number of issuers | Number of issues
    42 | 71

Ranking of Belarusian bond arrangers (excluding housing and own issues), Jan–Jun 2026

Last updated 17/07/2026
  • #
  • Investment Bank
  • Amount, mln USD
  • Number of issuers
  • Number of issues
  • 1
  • Alfa-Bank (Belarus)
  • 97
  • 12
  • 15
  • Amount, mln USD | Share, %
    97 | 28.61
  • Number of issuers | Number of issues
    12| 15
  • <app-asterisks >***</app-asterisks>
  • <app-asterisks >***</app-asterisks>
  • <app-asterisks >***</app-asterisks>
  • <app-asterisks >***</app-asterisks>
  • <app-asterisks >***</app-asterisks>
  • <app-asterisks >***</app-asterisks>
  • <app-asterisks >***</app-asterisks>
  • <app-asterisks >***</app-asterisks>
  • <app-asterisks >***</app-asterisks>
  • <app-asterisks >***</app-asterisks>
  • <app-asterisks >***</app-asterisks>
  • <app-asterisks >***</app-asterisks>
  • <app-asterisks >***</app-asterisks>
  • <app-asterisks >***</app-asterisks>
  • <app-asterisks >***</app-asterisks>
  • 2
  • Aigenis
  • 69
  • 7
  • 11
  • Amount, mln USD | Share, %
    69 | 20.40
  • Number of issuers | Number of issues
    7| 11
  • <app-asterisks >***</app-asterisks>
  • <app-asterisks >***</app-asterisks>
  • <app-asterisks >***</app-asterisks>
  • <app-asterisks >***</app-asterisks>
  • <app-asterisks >***</app-asterisks>
  • <app-asterisks >***</app-asterisks>
  • <app-asterisks >***</app-asterisks>
  • <app-asterisks >***</app-asterisks>
  • <app-asterisks >***</app-asterisks>
  • <app-asterisks >***</app-asterisks>
  • <app-asterisks >***</app-asterisks>
  • 3
  • Bank BelVEB
  • 46
  • 4
  • 4
  • Amount, mln USD | Share, %
    46 | 13.59
  • Number of issuers | Number of issues
    4| 4
  • <app-asterisks >***</app-asterisks>
  • <app-asterisks >***</app-asterisks>
  • <app-asterisks >***</app-asterisks>
  • <app-asterisks >***</app-asterisks>
  • 4
  • Belagroprombank
  • 32
  • 1
  • 1
  • Amount, mln USD | Share, %
    32 | 9.39
  • Number of issuers | Number of issues
    1| 1
  • <app-asterisks >***</app-asterisks>
  • 5
  • Belarusbank
  • 32
  • 4
  • 7
  • Amount, mln USD | Share, %
    32 | 9.36
  • Number of issuers | Number of issues
    4| 7
  • <app-asterisks >***</app-asterisks>
  • <app-asterisks >***</app-asterisks>
  • <app-asterisks >***</app-asterisks>
  • <app-asterisks >***</app-asterisks>
  • <app-asterisks >***</app-asterisks>
  • <app-asterisks >***</app-asterisks>
  • <app-asterisks >***</app-asterisks>
  • Other investment banks
  • 63
  • 12
  • 19
  • Amount, mln USD | Share, %
    63 | 19
  • Number of issuers | Number of issues
    12 | 19
  • Total
  • 338
  • 35
  • 51
  • Amount, mln USD | Share, %
    338 | 100
  • Number of issuers | Number of issues
    35 | 51

Belarus Bond Arrangers Ranking (High-Yield Issues), Jan–Jun 2026

Last updated 17/07/2026
  • #
  • Investment Bank
  • Amount, mln USD
  • Number of issuers
  • Number of issues
  • 1
  • Belarusbank
  • 1
  • 2
  • 4
  • Amount, mln USD | Share, %
    1 | 41.70
  • Number of issuers | Number of issues
    2| 4
  • <app-asterisks >***</app-asterisks>
  • <app-asterisks >***</app-asterisks>
  • <app-asterisks >***</app-asterisks>
  • <app-asterisks >***</app-asterisks>
  • 2
  • Paritetbank
  • 1
  • 2
  • 4
  • Amount, mln USD | Share, %
    1 | 28.35
  • Number of issuers | Number of issues
    2| 4
  • <app-asterisks >***</app-asterisks>
  • <app-asterisks >***</app-asterisks>
  • <app-asterisks >***</app-asterisks>
  • <app-asterisks >***</app-asterisks>
  • 3-4
  • Aigenis
  • < 0.5
  • 1
  • 3
  • Amount, mln USD | Share, %
    < 0.5 | 14.98
  • Number of issuers | Number of issues
    1| 3
  • <app-asterisks >***</app-asterisks>
  • <app-asterisks >***</app-asterisks>
  • <app-asterisks >***</app-asterisks>
  • 3-4
  • BSB Bank
  • < 0.5
  • 1
  • 3
  • Amount, mln USD | Share, %
    < 0.5 | 14.98
  • Number of issuers | Number of issues
    1| 3
  • <app-asterisks >***</app-asterisks>
  • <app-asterisks >***</app-asterisks>
  • <app-asterisks >***</app-asterisks>
  • Total
  • 3
  • 3
  • 5
  • Amount, mln USD | Share, %
    3 | 100
  • Number of issuers | Number of issues
    3 | 5

Ranking of Belarusian bond arrangers (excluding housing bonds), Jan–Jun 2026

Last updated 17/07/2026
  • #
  • Investment Bank
  • Amount, mln USD
  • Number of issuers
  • Number of issues
  • 1
  • Development Bank of the Republic of Belarus
  • 763
  • 1
  • 4
  • Amount, mln USD | Share, %
    763 | 52.26
  • Number of issuers | Number of issues
    1| 4
  • <app-asterisks >***</app-asterisks>
  • <app-asterisks >***</app-asterisks>
  • <app-asterisks >***</app-asterisks>
  • <app-asterisks >***</app-asterisks>
  • 2
  • Belagroprombank
  • 123
  • 2
  • 2
  • Amount, mln USD | Share, %
    123 | 8.40
  • Number of issuers | Number of issues
    2| 2
  • <app-asterisks >***</app-asterisks>
  • <app-asterisks >***</app-asterisks>
  • 3
  • Aigenis
  • 116
  • 8
  • 18
  • Amount, mln USD | Share, %
    116 | 7.97
  • Number of issuers | Number of issues
    8| 18
  • <app-asterisks >***</app-asterisks>
  • <app-asterisks >***</app-asterisks>
  • <app-asterisks >***</app-asterisks>
  • <app-asterisks >***</app-asterisks>
  • <app-asterisks >***</app-asterisks>
  • <app-asterisks >***</app-asterisks>
  • <app-asterisks >***</app-asterisks>
  • <app-asterisks >***</app-asterisks>
  • <app-asterisks >***</app-asterisks>
  • <app-asterisks >***</app-asterisks>
  • <app-asterisks >***</app-asterisks>
  • <app-asterisks >***</app-asterisks>
  • <app-asterisks >***</app-asterisks>
  • <app-asterisks >***</app-asterisks>
  • <app-asterisks >***</app-asterisks>
  • <app-asterisks >***</app-asterisks>
  • <app-asterisks >***</app-asterisks>
  • <app-asterisks >***</app-asterisks>
  • 4
  • Belinvestbank
  • 106
  • 1
  • 3
  • Amount, mln USD | Share, %
    106 | 7.25
  • Number of issuers | Number of issues
    1| 3
  • <app-asterisks >***</app-asterisks>
  • <app-asterisks >***</app-asterisks>
  • <app-asterisks >***</app-asterisks>
  • 5
  • Belarusbank
  • 104
  • 5
  • 8
  • Amount, mln USD | Share, %
    104 | 7.13
  • Number of issuers | Number of issues
    5| 8
  • <app-asterisks >***</app-asterisks>
  • <app-asterisks >***</app-asterisks>
  • <app-asterisks >***</app-asterisks>
  • <app-asterisks >***</app-asterisks>
  • <app-asterisks >***</app-asterisks>
  • <app-asterisks >***</app-asterisks>
  • <app-asterisks >***</app-asterisks>
  • <app-asterisks >***</app-asterisks>
  • Other investment banks
  • 248
  • 30
  • 42
  • Amount, mln USD | Share, %
    248 | 17
  • Number of issuers | Number of issues
    30 | 42
  • Total
  • 1,460
  • 42
  • 71
  • Amount, mln USD | Share, %
    1,460 | 100
  • Number of issuers | Number of issues
    42 | 71

Ranking of Belarusian bond arrangers (market issues, excluding housing and own issues), Jan–Jun 2026

Last updated 17/07/2026
  • #
  • Investment Bank
  • Amount, mln USD
  • Number of issuers
  • Number of issues
  • 1
  • Alfa-Bank (Belarus)
  • 97
  • 12
  • 15
  • Amount, mln USD | Share, %
    97 | 28.61
  • Number of issuers | Number of issues
    12| 15
  • <app-asterisks >***</app-asterisks>
  • <app-asterisks >***</app-asterisks>
  • <app-asterisks >***</app-asterisks>
  • <app-asterisks >***</app-asterisks>
  • <app-asterisks >***</app-asterisks>
  • <app-asterisks >***</app-asterisks>
  • <app-asterisks >***</app-asterisks>
  • <app-asterisks >***</app-asterisks>
  • <app-asterisks >***</app-asterisks>
  • <app-asterisks >***</app-asterisks>
  • <app-asterisks >***</app-asterisks>
  • <app-asterisks >***</app-asterisks>
  • <app-asterisks >***</app-asterisks>
  • <app-asterisks >***</app-asterisks>
  • <app-asterisks >***</app-asterisks>
  • 2
  • Aigenis
  • 69
  • 7
  • 11
  • Amount, mln USD | Share, %
    69 | 20.40
  • Number of issuers | Number of issues
    7| 11
  • <app-asterisks >***</app-asterisks>
  • <app-asterisks >***</app-asterisks>
  • <app-asterisks >***</app-asterisks>
  • <app-asterisks >***</app-asterisks>
  • <app-asterisks >***</app-asterisks>
  • <app-asterisks >***</app-asterisks>
  • <app-asterisks >***</app-asterisks>
  • <app-asterisks >***</app-asterisks>
  • <app-asterisks >***</app-asterisks>
  • <app-asterisks >***</app-asterisks>
  • <app-asterisks >***</app-asterisks>
  • 3
  • Bank BelVEB
  • 46
  • 4
  • 4
  • Amount, mln USD | Share, %
    46 | 13.59
  • Number of issuers | Number of issues
    4| 4
  • <app-asterisks >***</app-asterisks>
  • <app-asterisks >***</app-asterisks>
  • <app-asterisks >***</app-asterisks>
  • <app-asterisks >***</app-asterisks>
  • 4
  • Belagroprombank
  • 32
  • 1
  • 1
  • Amount, mln USD | Share, %
    32 | 9.39
  • Number of issuers | Number of issues
    1| 1
  • <app-asterisks >***</app-asterisks>
  • 5
  • Belarusbank
  • 32
  • 4
  • 7
  • Amount, mln USD | Share, %
    32 | 9.36
  • Number of issuers | Number of issues
    4| 7
  • <app-asterisks >***</app-asterisks>
  • <app-asterisks >***</app-asterisks>
  • <app-asterisks >***</app-asterisks>
  • <app-asterisks >***</app-asterisks>
  • <app-asterisks >***</app-asterisks>
  • <app-asterisks >***</app-asterisks>
  • <app-asterisks >***</app-asterisks>
  • Other investment banks
  • 63
  • 12
  • 19
  • Amount, mln USD | Share, %
    63 | 19
  • Number of issuers | Number of issues
    12 | 19
  • Total
  • 338
  • 35
  • 51
  • Amount, mln USD | Share, %
    338 | 100
  • Number of issuers | Number of issues
    35 | 51
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