OREANDA-NEWS. August 02, 2010. Belagroprombank’s revenue for the first six months of 2010 totalled BYR 138,3 billion, representing an increase of 1,4 times year on year. The bank’s profitability amounted to 7,5%, reported the press-centre of Belagroprombank.

As of July 1, 2010 Belagroprombank ranked second among Belarusian banks by revenue, with 17,1%   share in the overall revenue of the domestic banking system.

As of July 1, 2010 Belagroprombank’s equity amounted to BYR 4,6 trillion, or EUR 1237,7, accounting for 1/3 of the market share in the banking system of the Republic of Belarus.  Belagroprombank is the leader by equity in the Republic of Belarus.

For the first six months of 2010 Belagroprombank’s resource base increased by BYR 2,9 trillion, posting a  21% growth share in the resource base of the banking system.

Foreign credit facilities and retail and corporate customer funds are the most significant contributors to the bank’s resource potential.

In January-June 2010 JSC Belagroprombank raised about USD 500 billion of foreign financing into the country’s economy. 

The bank’s accumulated corporate deposits increased by BYR 110,3 billion to BYR  1,2 trillion.
Retail customer funds grew 16% and nearly reached BYR 2,5 trillion.

Traditionally, lending into the real sector of economy been the key tendency in the use of resources. Since the year-start of 2010 total gross loans provided by the bank increased by BYR 1,5 trillion, accounting for 18% of the gross domestic loan portfolio growth. 

Corporate loan portfolio grew by BYR 1,3 trillion to BYR 19 trillion as of July 1, 2010. Individual loans practically reached BYR 900 billion.

Overall, Belagroprombank posted high growth rates across key financials, which enabled it to hold leading positions in the banking sector of the Republic of Belarus.