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Belarus received specific price offers from potential investors to purchase Paritetbank shares. "We are interested in selling the whole package, but not at the expense of the bank strategic development. Various options are considered, adjusted to the situation on the currency market," said deputy chairman of the National Bank of Belarus Sergei Dubkov on August 25.
Deputy chairman did not specify with whom negotiations are under way and what the price of shares are, but noted that the National Bank, which owns 98% shares of Paritetbank, is interested in the effective owner in terms of commercial approaches, BelTA informs.
"When we choose a more comfortable partner either for Paritetbank, or for the National Bank, or for the whole country; everything will be publicly announced," Sergei Dubkov assured.
Paritetbank Syndicated $8 Million Loan
Meanwhile, Chairman of Paritetbank Board Sergei Pankovets said that the bank had obtained an $8 million syndicated loan in agreement with the three creditor banks. The loan was initiated by Eurasian Development Bank, BPS-Bank, Novikombank (Russia). BPS-Bank performed as agent under the agreement.
Under the deal, a loan is granted for a year with money to be sent to banks-borrowers for general development purposes, including projects in the areas of trade finance.
According to the bank head, syndicated loan in the current market conditions "raises Paritetbank to a new level of relations with international and foreign institutions and shows the confidence of the bank as a stable financial institution."
In turn, Sergei Dubkov, who is also Chairman of Paritetbank Supervisory Board, noted that this year the Belarusian banks were not able to show good results in attracting syndicated loans. Most of this work was carried out by systemically important banks of the country.
