Purposes of Mass Media

The Belarus banking celestial sphere is characterized by a high rate of concentration. The largest bank, Belarusbank, represents 41% of the banking sector assets, and over each the showtime five largest banks require 80% of the assets. Four of these five banks are own by the democracy, with the tierce largest bank being owned by Priorbank. Financially, the banking sector is considered under- corkingized, paroxysm from a lack of liquidity, and pressured by the imbalance of its short and long assets and liabilities. The state of matter share (usually through the Ministry of Economy) in the basic capital of a bank is as much as 81%, with the share of foreign sources at 9%, domestic help sources (especially industrial corporations) 7,6%, and the National Bank of Belarus (NBB) 2.8%.\ The National Bank is a state agency which is independent of the government and which reports to the President of Belarus. It does non nevertheless regulate the functioning of commercial banks by decree, except to a fault holds stakes in some banking institutions. Banking spot structure Banks operating in Belarus fall into two categories.

The first one consists of six major banks, five of which were established on the basis of pre-existing Soviet banks: BelarusBank, Belagroprombank, Belinvestbank, Belpromstroybank and Belvneshekonombank and PriorBank, the largest privately-owned banking institution. These banks finance state programs and report card for about 90% of all assets in the Belarusian banking sector. The state holds controlling stakes in the first four banks. BelarusBank, which has taken over the branch meshing of the Soviet banking behemo! th Sberbank, is a case apart. Fully owned by the state, it accounted for 44% of the overall loan portfolio of the banking sector, 35% of its comeliness capital and 62% of its deposits. As of 1 January 2007, the Belarusian banking system comprised 30 functioning banks. Of these, 26 were foreign-invested. Ten banks were fully foreign-owned The get along number of branches as of 1 January...If you want to get a full essay, enjoin it on our website: OrderCustomPaper.com

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