Banking system unlikely to repeat financial results of 2014
The situation has not changed
The banking system’s net profits in Q1 2015 totalled BYR 758.2 billion, which is almost half of Q1 2014. The negative impact on the banking system performance has had the bankruptcy of Delta Bank. In the future, banks will optimise costs by layoffs, increase competition for customers by providing individual interest rates, and gradually reduce interest rates on loans and deposits. In addition, some banks would change owners. Most banks would be unable to repeat financial results of 2014. Due to deteriorated financial health at enterprises, loans’ quality is likely to deteriorate and overdue debt to the banking system is likely to grow.
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Once a week, in coordination with a group of prominent Belarusian analysts, we provide analytical commentaries on the most topical and relevant issues, including the behind-the-scenes processes occurring in Belarus. These commentaries are available in Belarusian, Russian, and English.
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Situation in Belarus
December 16 – December 22
Constitutional referendum: main consequences
April 12, 2022
Speakers: Anatoliy Lebedko, Andrei Kazakevich
Video
How to count the political prisoners: are the new criteria needed?
March 28, 2022
Speakers: Aleh Hulak, Aleh Aheyeu, Viachaslau Kasinierau
Video
Paternalism In Decline, Belarusian Euroscepticism, And The Influence Of Russia
October 11, 2021
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Digital Financial Assets: Bypassing Traditional Payment Systems?
December 16 – December 22
State Standards of Belarus vs Rosselkhoznadzor: Common Goals, Different Standards
December 9 – December 15
Unified Defense Space Almost Established, Unified Energy Market Still Absent
December 2 – December 8
Episodes of “Black November”: The Trump Factor, Sanctions, and Liquid Currency
November 25 – December 1
Lukashenka’s Regime’s Role in Negotiations to End the War in Ukraine in Question
December 16 – December 22
EU Imposes New Sanctions on Belarus Despite Calls from Democratic Forces for a Differentiated Strategy
December 9 – December 15
Strategic Dialogue with the USA: Attempt to Keep Washington’s Focus on Belarus
December 2 – December 8
The Belarusian Issue Ahead of the Leadership Change in the EU
November 25 – December 1
Putin Reminded of the Nuclear Umbrella over Belarus, While Lukashenka Mentioned Nuclear Weapons
December 16 – December 22
Kremlin to Share the “Oreshnik” Missile System with Lukashenko’s Regime to Expose Belarus to Potential NATO Retaliation
December 9 – December 15
Russia Solidifies Belarus in Its Sphere of Influence and Prepares for Conflict with Ukraine and the West
December 2 – December 8
Lukashenka’s Regime Contributed to the Creation of the “Oreshnik” and Seeks to Deploy It in Belarus
November 25 – December 1
New Challenges to Tsikhanouskaya’s Leadership
December 16 – December 22
Dilution of the Democratic Forces’ Agenda: Isolation or De-escalation?
December 9 – December 15
Democratic Forces: Navigating the “Elections” Without Losses
December 2 – December 8
Tsikhanouskaya’s Office: Consolidation and Protection of Activists
November 25 – December 1
National Unity Before Elections: The Paper Tiger of Support
December 16 – December 22
The Conveyor Belt of Re-education of Dissenters: New Prison Spaces at the Expense of Amnesty
December 9 – December 15
Deferred Transition of the Lukashenka Family
December 2 – December 8
Lukashenka’s Regime: Navigating Elections Ahead of a Crisis
November 25 – December 1