According to National Bank data, in the 4th quarter of 2017 (year on year) net profit in the banking sector of Belarus fell immediately by 27.9%.This distorted the annual results. Whilst net profits in nominal terms grew by 19% between January and October 2017, when compared to the same period of the previous year, by […]
The decrease in interest rates on loans did not lead to a decrease in the profitability of banks, as some analysts feared. In January-September of this year (year-to-year), the net profit of banks in nominal terms increased by 19%. It amounted to 672 million BYN (in dollar equivalent in terms of the average exchange rate […]
The world’s bitcoin turnover in terms of fiat currency amounts to 71.4 billion USD (or 0.1 percent to global GDP). For comparison, the capacity of the global Forex market is about 4 trillion USD. From the position of the world financial system it is a virtually invisible quantity. This makes the part of experts consider […]
In the first half of the year the net profit of banks grew in comparison with the same period of the previous year by 34%. It made 448 million BYN (in a dollar equivalent in recalculation at an average course – 236 million USD). The nominal loss was not received by any operating bank. Full […]
