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Economy

Nine Belarusian banks in for IT audit
3 December, 14:40
The official said: “Together with audit companies the National Bank of the Republic of Belarus (NBRB) has prepared technical specifications for arranging an IT audit. The mandatory procedure will apply to only seven top banks."
Maturity of risk management in Belarusian financial sector evaluated
3 December, 13:48
The survey is supposed to provide executives and risk managers with a tool for an independent evaluation of the current level of maturity and for evaluating the effectiveness of risk management in accordance with the standard ISO 31000.
Photo courtesy of neft.by
Belarusian Belorusneft to repair Arctic gas wells
3 December, 13:13
The gas condensate field is located on the eastern shore of the Yamal Peninsula in Russia. The proven reserves are estimated at 926 billion m3 of natural gas. OAO Yamal LNG takes care of natural gas extraction, liquefaction, and deliveries.
Belarus wants to bring Belinvestbank deal with EBRD to a close
3 December, 12:28
I would like to discuss the approaches to the Belinvestbank deal and also the issues we discussed at the meeting in London. Once again I would like to assure you that the government of Belarus is interested in following this deal to the logical end, Sergei Rumas said.
Sergei Rumas
EBRD invited to join Minsk-Great Stone rail link project
3 December, 12:12
We are also discussing this project with other financial institutions, searching for the best deals. We would like to invite the EBRD to take part in the project, too,” Belarus Prime Minister Sergei Rumas said.
EBRD Senior Banker Elena Gordeeva and Belarus' Transport and Communications Minister Aleksei Avramenko during the signing ceremony
EBRD to earmark €259m to rehabilitate bridges, M3 Road in Belarus
3 December, 11:15
Development of the transit capacity and enhancing the connectivity in Belarus will contribute significantly to the country's economic growth prospects, trade and key infrastructure. The funds are provided by the EBRD Shareholder Special Fund and Italy as part of the CEI, the EBRD informed.
Sergei Rumas
EBRD investment in Belarus can reach €400m in 2019
3 December, 11:05
The investment of the European Bank for Reconstruction and Development (EBRD) in Belarus' projects can reach record high €400 million in 2019, Belarus' Prime Minister Sergei Rumas said as he met with EBRD First Vice President Jurgen Rigterink on 3 December.
Aleksandar Vucic. An archive photo
Vucic: Belarus, Serbia look to reach $500m in trade
3 December, 09:00
“Belarus President Aleksandr Lukashenko is a sincere friend to Serbia and the Serbian people. Belarus is a truly friendly country for Serbia. We are proud of our Belarusian friends,” said Serbia President Aleksandar Vucic.
Photo courtesy of Bremino-Group
Special economic zone Bremino-Orsha in Vitebsk Oblast to get big trade, expo center
2 December, 20:01
The trade center will offer outlets for wholesale and retail trade in consumer goods. It will offer freight delivery and warehousing services, online trade operations, and opportunities for showcasing products from various Asian countries.
Photo courtesy of Belarusian Railways
Belarusian Railways potential presented in Sweden
2 December, 19:29
During a presentation of Belarusian Railways' potential Igor Shilov mentioned several important logistics projects: the trains Belarus-Romania, Containerships Train, and Minsk-Riga. All of them travel exactly on schedule, boast high travel speeds, competitive rates, and fast border-crossing procedures.
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