Estimated values of standard risk on the instruments of the credit and deposit market for June 2020 were published

Source: National Bank of the Republic of Belarus in English

Since March 1, 2019, the National Bank put in place a set of measures of macroprudential nature designed to limit systemic risks generated by the business models of banks with high appetite for risk.
The basis of this system is formed by the approach, according to which the strengthened regulatory requirements in the area of capital adequacy, build-up of special provisions to cover potential losses and allocation of the required reserves fund are applied. An excess of the interest rates on new deposits, credits and issued bonds set by banks over the corresponding estimated values of standard risk (hereinafter – the “EVSR”) is used as an indicator of the increased level of risk of the business models implemented by banks.
The EVSR are calculated by the National Bank at least once in three months on the basis of average interest rates established by the systemically important banks of Group I over the month preceding the calculation month, in terms of six financial instruments of the credit and deposit market in the national currency:
new term revocable bank deposits of natural persons;
new term irrevocable bank deposits of natural persons (placed for the period from 1 to 6 months (inclusively); from 6 months to 1 year (inclusively); and over 1 year); and
new credits issued to natural and legal persons (excluding credits issued on preferential terms by the decisions of the President and Government of the Republic of Belarus, at the expense of the funds of republican government agencies and local executive and regulatory authorities).
The algorithm of the EVSR calculation is based on the arithmetic average and the degree of variation of interest rates taken into account.
The EVSR for new term bank deposits is calculated on the basis of data on average interest rates on natural persons’ new term bank deposits and used for new term bank deposits of both natural and legal persons.
According to the decision of the Board of the National Bank, since March 1, 2020 till December 31, 2020, the EVSR are on the new term banking deposits of natural and legal persons are not established and are not applied for the new term banking deposits of natural and legal persons, banks’ bonds of the new issues denominated in the Belarusian ruble.
“Average interest rate over the period of using a new credit” indicator is used when EVSR are applied for the new credits provided to natural and legal persons (excluding credits issued on preferential terms by the decisions of the President and Government of the Republic of Belarus, at the expense of the funds of republican government agencies and local executive and regulatory authorities).
Table – Values of Estimated Standard Risk, % per annum

List of indicators
Value, % per annum
March 2019
April 2019
May 2019
June 2019
July 2019
August 2019
September 2019
October 2019
November 2019
December 2019
January 2020
February 2020
March – April 2020
May 2020
June 2020

EVSR for new term revocable bank deposits of natural and legal persons

7.79
7.97
7.91
7.79
7.60
7.45
7.22
7.19
7.05
6.84
6.65
6.21


EVSR for new term irrevocable bank deposits of natural and legal persons placed for the period from 1 to 6 months (inclusively)

9.67
9.79
10.06
9.86
9.69
9.67
9.61
9.72
9.80
9.69
9.66
9.22


EVSR for new term irrevocable bank deposits of natural and legal persons placed for the period from 6 months to 1 year (inclusively)

10.59
10.65
10.96
10.84
10.71
10.72
10.66
10.63
10.56
10.59
10.39
9.95


EVSR for new term irrevocable bank deposits of natural and legal persons placed for the period from over 1 year

12.66
12.74
12.94
12.98
12.93
12.94
12.88
12.87
12.70
12.66
12.51
12.05


EVSR for new credits issued to legal persons (excluding preferential ones)

11.87
11.99
12.04
12.00
11.84
11.84
11.77
11.75
11.73
11.65
11.56
11.48
12.46
12.45
12.03

EVSR for new credits issued to natural persons (excluding preferential ones)

15.41
15.49
15.55
15.36
14.59
14.50
13.81
13.70
13.18
12.89
12.47
12.32
14.19
14.09
13.61

MIL OSI

Inflation Review. April 2020

Source: National Bank of the Republic of Belarus in English

In April 2020, proinflationary external factors that emerged at the end of 2020 Q1, kept influencing the intensity of inflation. The  growth of consumer prices in annual terms amounted to 5.4%.
In April 2020, consumer prices grew by 0.58% against March 2020.

Growth of consumer prices(% to the corresponding month of the previous year)

Consumer prices dynamics(on a year-on-year basis)

Core inflation(% to the corresponding month of the previous year)

Regulated prices and tariffs(% to the corresponding month of the previous year)

Seasonal prices (for fruits and vegetables)(% to the corresponding month of the previous year)

Trend inflation(% to the corresponding month of the previous year)

Overall characteristics of change in consumer prices

Dynamics of consumer prices,to the corresponding month of the previous year

Dynamics of the CPI componentsdispersion on the basis of their annual growth rates

Maximum and minimum growth rates of the unregulated prices and tariffs in April 2020 in the annual terms

*excl. regulated ones

Maximum and minimum growth rates of the regulated prices and tariffs in April 2020 in the annual terms

Source: the National Bank’s calculations based on the National Statistical Committee’s data.

Methodological explanations   Archive

MIL OSI

Interest rates on the credit and deposit market, April 2020

Source: National Bank of the Republic of Belarus in English

2019
January – december 2019
2020
January
April
June
January
February
March
April
A. Average interest rates in Belarusian rubles
1. On newly attracted bank deposits
legal persons*
demand
3.00
3.00
3.00
3.00
3.00
3.00
3.00
3.91
up to 1 year
6.97
7.74
7.71
7.39
6.79
6.51
7.00
8.51
over 1 year
8.35
8.48
10.60
8.70
7.55
6.90
7.37
9.08
natural persons
demand
0.19
0.14
0.36
0.48
0.76
0.77
0.71
0.64
up to 1 year
8.72
8.78
9.03
8.82
8.62
8.44
8.20
9.77
over 1 year
11.85
12.34
12.62
12.22
11.72
11.44
11.21
11.54
2. On banks’ newly extended credits
legal persons
up to 1 year
11.13
11.36
11.34
11.18
10.88
10.69
10.74
11.09
over 1 year
10.78
9.92
10.77
10.50
10.74
10.32
10.57
10.47
natural persons
up to 1 year
9.13
9.28
9.33
8.91
7.80
8.65
8.25
8.72
over 1 year
10.89
11.42
11.75
11.03
9.88
10.44
10.43
10.89
B. Average interest rates in foreign exchange
3. On newly attracted bank deposits
legal persons*
demand
0.20
0.10

0.19


0.07

up to 1 year
0.98
1.27
1.05
1.19
1.01
1.07
0.79
0.69
over 1 year
1.61
1.79
0.75
1.30
1.07
1.15
0.90
1.37
natural persons
demand
0.10
0.10
0.10
0.10
0.10
0.09
0.09
0.09
up to 1 year
0.76
0.88
0.77
0.67
0.34
0.33
0.27
0.27
over 1 year
2.23
2.32
2.36
2.04
1.24
1.11
0.96
1.40
4. On banks’ newly extended credits
legal persons
up to 1 year
4.28
4.36
4.42
4.44
3.58
3.54
3.88
3.36
over 1 year
6.05
5.24
5.40
5.03
4.20
4.59
4.46
5.20
natural persons
up to 1 year








over 1 year







Methodological comments:
Methodological comments to calculation of indicators are given in section 7 “Methodological notes to the tables of the Bulletin of Banking Statistics.
* By 2015 – legal persons and government agencies; from 2015 – legal persons.

MIL OSI

International reserves and foreign currency liquidity of the Republic of Belarus as of May 1, 2020

Source: National Bank of the Republic of Belarus in English

USD mln
I. Official reserve assets and other foreign currency assets (approximate market value)
8,081.7
A. Official reserve assets
7,882.9
1. Foreign currency reserves (in convertible foreign currencies)
4,532.6
a. Securities
738.6
of which: issuer headquartered in reporting country but located abroad
0.0
b. Total currency and deposits
3,794.0
(i) other national central bank, BIS and IMF
531.7
(ii) bank headquatered in the reporting country
0.0
of which: located abroad
0.0
(iii) bank headquatered outside the reporting country
3,262.3
of which: located in the reporting country
0.0
2. IMF reserve position
0.0
3. SDRs
508.7
4. Gold (including gold deposits)
2,700.3
– volume in millions of fine troy ounces
1.6
5. Other reserve assets (specify)
141.3
– financial derivatives
0.0
– loans to nonbank nonresidents
0.0
– externally managed assets
0.0
– repo assets
140.6
– other
0.7
B. Other foreign currency assets not included in official reserve assets (specify)*
198.8
– securities
0.0
– deposits
198.8
– loans
0.0
– financial derivatives
0.0
– gold
0.0
– other
0.0
II. Predetermined short-term net drains on foreign currency assets (nominal value)

Total
Maturity breakdown(residual maturity)
up to 1 month
more than 1 and up to 3 month
more than 3 month and up to 1 year
1. Foreign currency loans, securities, and deposits
-3,501.4
-316.4
-675.1
-2,509.9
Outflows (–)
-3,697.8
-387.7
-687.6
-2,622.6
Principal
-2,747.6
-329.8
-558.1
-1,859.7
Interest
-950.2
-57.9
-129.5
-762.9
Inflows (+)**
196.4
71.2
12.4
112.7
Principal
150.4
59.1
8.6
82.7
Interest
46.0
12.2
3.8
30.0
2. Aggregate short and long positions in forwardsand futures in foreign currencies vis-à-visthe domestic currency (including the forward legof currency swaps)
0.0
0.0
0.0
0.0
a. Short positions (–)
0.0
0.0
0.0
0.0
b. Long positions (+)
0.0
0.0
0.0
0.0
3. Other (specify)
0.0
0.0
0.0
0.0
II. Contingent short-term net drains on foreign currency assets (nominal value)

Total
Maturity breakdown(residual maturity, where applicable)
up to 1 month
more than 1 and up to 3 month
more than 3 month and up to 1 year
1. Contingent liabilities in foreign currency
-1,147.9
-737.8
-147.8
-262.2
1.1. Collateral guarantees on debt falling due within 1 year
-421.4
-11.3
-147.8
-262.2
1.2. Other contingent liabilities
-726.5
-726.5
0.0
0.0
2. Foreign currency securities issuedwith embedded options (puttable bonds)
0.0
0.0
0.0
0.0
3. Undrawn, unconditional credit lines provided by:***
0.0
0.0
0.0
0.0
3.1. Other national monetary authorities, BIS, IMF,and other international organizations
0.0
0.0
0.0
0.0
other national monetary authorities (+)
0.0
0.0
0.0
0.0
BIS (+)
0.0
0.0
0.0
0.0
IMF (+)
0.0
0.0
0.0
0.0
other international organizations (+)
0.0
0.0
0.0
0.0
3.2. With banks and other financial institutions headquartered in the reporting country (+)
0.0
0.0
0.0
0.0
3.3. With banks and other financial institutions headquartered outside the reporting country (+)
0.0
0.0
0.0
0.0
4. Undrawn, unconditional credit lines provided to:
0.0
0.0
0.0
0.0
3.1. Other national monetary authorities, BIS, IMF,and other international organizations
0.0
0.0
0.0
0.0
other national monetary authorities (+)
0.0
0.0
0.0
0.0
BIS (+)
0.0
0.0
0.0
0.0
IMF (+)
0.0
0.0
0.0
0.0
other international organizations (+)
0.0
0.0
0.0
0.0
3.2. With banks and other financial institutions headquartered in the reporting country (+)
0.0
0.0
0.0
0.0
3.3. With banks and other financial institutions headquartered outside the reporting country (+)
0.0
0.0
0.0
0.0
5. Aggregate short and long positions of options in foreign currencies vis-à-vis the domestic currency
0.0
0.0
0.0
0.0
a. Short positions
0.0
0.0
0.0
0.0
Bought puts
0.0
0.0
0.0
0.0
Written calls
0.0
0.0
0.0
0.0
b. Long positions
0.0
0.0
0.0
0.0
Bought calls
0.0
0.0
0.0
0.0
Written puts
0.0
0.0
0.0
0.0
IV. Memo items
1. To be reported with standard periodicity and timeliness:
1.1. Short–term domestic currency debt indexed to the exchange rate
0.0
1.2. Financial instruments denominated in foreign currency and settled by other means(e.g., in domestic currency)
0.0
derivatives (forwards, futures, or options contracts)
0.0
short positions
0.0
long positions
0.0
other instruments
0.0
1.3. Pledged assets
0.0
included in reserve assets
0.0
included in other foreign currency assets
0.0
1.4. Securities lent and on repo
140.6
lent or repoed and included in Section I
0.0
lent or repoed but not included in Section I
0.0
borrowed or acquired and included in Section I
0.0
borrowed or acquired but not included in Section I
140.6
1.5. Financial derivative assets (net, marked to market)
0.0
– forvards
0.0
– futures
0.0
– swaps
0.0
– options
0.0
– other
0.0
1.6. Derivatives (forward, futures, or options contracts) that have a residual maturitygreater than one year
0.0
– aggregate short and long positions in forwards and futures in foreign currencies vis-à-vis the domestic currency (including the forward leg of currency swaps)
(a) Short positions
0.0
(b) Long positions
0.0
– aggregate short and long positions of options in foreign currencies vis-à-vis the domestic currency
a. Short positions
0.0
Bought puts
0.0
Written calls
0.0
b. Long positions
0.0
Bought calls
0.0
Written puts
0.0
2. To be disclosed less frequently (data is presented at the end of the quarter):
2.1. Currency composition of reserves (by groups of currencies)
Foreign currency reserves, total
7,882.9
– currencies in SDR basket
7,876.8
currencies not in SDR basket
6.2

* Liquid assets (foreign currency and monetary gold) that don’t meet the investment grade of the rating scales Fitch Ratings, Standard and Poor’s and Moody’s Investor Service.
** Inflows of foreign currency include those relating to scheduled foreign currency obligations due to the authorities on outstandinf loans and securities that are not covered in Section I.
*** Item is used for reporting undrawn, unconditional credit lines only.

MIL OSI

Insurance, Leasing, Other Financial Organizations and the Financial Sector Surveys as of April 1, 2020

Source: National Bank of the Republic of Belarus in English

Indicators
01/04/2019
01/07/2019
01/10/2019
01/01/2020
01/04/2020
Net foreign assets
-0.4
-1.3
-1.0
4.0
4.2
Claims on nonresidents
29.3
24.4
23.5
27.1
47.4

Foreign currency

0.0
0.0
0.0
0.0
0.0

Deposits

0.0
0.0
0.0
0.0
0.0

Securities other than shares

0.0
0.0
0.0
0.0
0.0

Loans

0.0
0.0
0.0
0.0
0.0

Other

29.3
24.4
23.5
27.1
47.4
Liabilities to nonresidents
29.7
25.7
24.6
23.1
43.2

Deposits

0.0
0.0
0.0
0.0
0.0

Loans

3.3
3.2
3.1
3.2
4.0

Other

26.4
22.5
21.4
19.9
39.3
Net claims on general government
1,124.6
1,265.4
1,274.9
1,246.1
1,340.6
Claims on general government
1,145.2
1,288.8
1,300.3
1,269.7
1,414.3

Securities other than shares

1,145.2
1,288.8
1,300.3
1,269.7
1,414.3

Other loans

0.0
0.0
0.0
0.0
0.0
Liabilities to general government
20.6
23.5
25.4
23.6
73.7

Deposits

0.0
0.0
0.0
0.0
0.0

Other deposits

20.6
23.5
25.4
23.6
73.7
Claims on depository corporations
1,246.3
1,128.8
1,186.9
1,286.2
1,407.9

Сurrency

0.3
0.4
0.3
0.1
0.2

Deposits

983.8
905.4
956.6
1,075.8
1,180.5

Other claims

262.2
223.1
230.1
210.2
227.2
Claims on other sectors
134.2
148.4
148.4
138.7
140.7

Claims on public nonfinancial corporations

0.0
0.0
0.0
0.0
0.0

Claims on other nonfinancial corporations

134.2
148.4
148.4
138.7
140.7

Claims on other resident sectors

0.0
0.0
0.0
0.0
0.0
Loans
3.6
3.3
4.3
4.5
2.9
Insurance technical reserves
1,804.3
1,823.5
1,902.0
2,035.7
2,353.4

Net equity of households in life insurance reserves

583.7
601.8
643.7
683.1
796.2

Prepaid premiums/reserves against outstanding claims

1,220.6
1,221.7
1,258.3
1,352.6
1,557.3
Shares and other equity
1,632.4
1,641.7
1,658.5
1,673.2
1,730.8
Other items (net)
-935.6
-927.2
-955.6
-1,038.5
-1,193.8

Methodological comments:
Methodological comments to calculation of indicators are given in section 7 “Methodological notes to the tables” of the Bulletin of Banking Statistics.

MIL OSI

Surveys of the National bank, other depository and depository organizations as of May 1, 2020

Source: National Bank of the Republic of Belarus in English

Indicators
01/01/2020
01/02/2020
01/03/2020
01/04/2020
01/05/2020
Net foreign assets
18,542.3
18,539.8
18,323.1
18,797.4
17,670.6
Claims on nonresidents
20,632.4
20,489.4
20,348.7
21,177.5
19,853.4

Monetary gold*

6,004.0
6,378.9
6,746.1
7,836.0
7,690.0

Foreign currency

94.5
94.7
98.3
23.6
21.9

Deposits

11,949.4
12,143.8
11,789.4
11,318.9
9,877.0

Securities other than shares

493.7
499.5
1,587.4
1,838.6
1,799.4

Loans

2,090.8
1,372.2
127.4
160.3
464.9

Other

0.0
0.1
0.1
0.2
0.2
Liabilities to nonresidents
2,090.1
1,949.6
2,025.6
2,380.1
2,182.8

Deposits

127.0
128.4
129.2
152.9
127.5

Loans

891.2
735.2
769.7
913.0
823.8

Securities other than shares

0.0
0.0
0.0
0.0
0.0

Other**

1,071.9
1,085.9
1,126.7
1,314.2
1,231.6
Net claims on general government
-13,781.7
-14,131.6
-13,368.2
-13,639.7
-11,862.6
Claims on general government
305.6
305.7
305.7
305.6
274.5

Securities other than shares

305.6
305.6
305.7
305.6
274.4

Other claims

0.0
0.1
0.1
0.0
0.1
Liabilities to general government
14,087.3
14,437.3
13,674.0
13,945.3
12,137.1

Deposits

14,087.2
14,437.3
13,673.9
13,944.7
12,137.0

Other liabilities

0.0
0.1
0.1
0.6
0.1
Claims on other depository corporations
190.0
256.6
167.1
222.8
302.0
Claims on other sectors
1,308.1
1,289.1
1,288.7
1,273.4
1,256.5

Claims on other financial organizations

1,151.6
1,132.8
1,132.4
1,117.0
1,099.6

Claims on public nonfinancial organizations

149.5
149.5
149.4
149.4
149.4

Claims on other nonfinancial organizations

6.4
6.4
6.4
6.5
7.1

Claims on natural persons

0.6
0.5
0.5
0.5
0.5
Monetary base
9,431.3
9,431.0
9,066.0
9,952.1
10,494.8

Cash in circulation

3,708.3
3,574.9
3,605.8
3,535.5
3,758.8

Cash in other depository corporations’ offices

985.4
859.0
915.1
932.7
1,109.1

Required reserves

4,525.2
4,863.6
4,310.5
5,048.2
5,382.5

Other depository corporations’ deposits

208.4
129.4
230.6
424.3
236.8

Other sectors’ deposits

4.0
4.1
4.0
11.5
7.6

Securities other than shares included in Broad money

0.0
0.0
0.0
0.0
0.0
Other liabilities to other depository corporations
3,126.2
2,366.9
2,763.0
1,178.0
1,492.0

Deposits

2,219.9
1,562.4
2,091.0
686.1
1,074.5

Financial derivatives

0.0
0.0
0.0
0.0
0.0

Other

906.3
804.4
672.1
491.9
417.5
Securities other than shares excluded from monetary base and included in broad money
0.0
0.0
0.0
0.0
0.0
Deposits excluded from monetary base and broad money
1,490.1
1,533.5
1,601.1
1,868.2
1,770.1
Securities other than shares excluded from monetary base and broad money
297.5
414.9
414.7
399.5
313.3
Shares and other equity
-7,879.5
-7,585.2
-7,218.3
-6,548.9
-6,475.5
Other items (net)
-207.1
-207.1
-215.9
-195.1
-228.1

Other liabilities

7,621.7
7,511.5
7,526.5
8,341.2
7,857.1

Other assets

7,828.7
7,718.6
7,742.4
8,536.3
8,085.2

* Since June 1, 2019, include holdings in the special drawing rights.
** Since June 1, 2019, include allocation of the special drawing rights.

Methodological comments to calculation of indicators are given in section 7 “Methodological notes to the tables” of the Bulletin of Banking Statistics.

MIL OSI

Broad Money Supply as of May 1, 2020

Source: National Bank of the Republic of Belarus in English

BYN mln

Indicators
01/01/2020
01/02/2020
01/03/2020
01/04/2020
01/05/2020
1. Cash in circulation – М0
3,708.3
3,574.9
3,605.8
3,535.5
3,758.8
2. Transferable deposits
6,566.6
5,674.9
5,808.0
5,342.1
5,694.4

2.1. Natural persons

3,030.5
2,943.6
3,105.5
2,647.6
3,158.9

2.2. Legal entities^

3,536.1
2,731.3
2,702.6
2,694.5
2,535.4
Monetary aggregate – M1
10,274.9
9,249.8
9,413.8
8,877.5
9,453.2
3. Other deposits
9,878.0
9,651.6
9,671.2
9,426.1
9,049.7

3.1. Natural persons

5,131.4
5,265.1
5,294.9
5,103.2
5,023.8

3.2. Legal entities^

4,746.7
4,386.5
4,376.3
4,322.9
4,026.0
Ruble money supply according to the national definition – M2
20,152.9
18,901.4
19,085.0
18,303.7
18,502.9
4. Securities issued by banks (outside bank circulation) in national currency
1,370.4
1,484.1
1,589.2
1,510.3
1,352.2
Ruble money supply – M2*
21,523.3
20,385.5
20,674.2
19,813.9
19,855.2
5. Deposits in foreign currency
25,336.8
25,279.0
25,986.5
31,216.8
28,377.7

5.1. Transferable deposits

7,429.5
7,297.9
7,358.0
9,825.8
8,758.2

5.1.1. Natural persons

2,780.4
2,897.9
3,144.4
3,702.8
3,558.0

5.1.2. Legal entities^

4,649.1
4,400.0
4,213.7
6,123.1
5,200.3

5.2. Other deposits

17,907.3
17,981.1
18,628.5
21,391.0
19,619.5

5.2.1. Natural persons

13,076.7
13,251.2
13,789.2
15,697.2
14,223.3

5.2.2. Legal entities^

4,830.7
4,729.9
4,839.3
5,693.7
5,396.2
6. Securities issued by banks (outside bank circulation) in foreign currency
1,541.1
1,555.8
1,642.3
1,496.6
1,397.9
7. Precious metals deposits
108.5
98.1
91.4
102.8
97.8
Broad money – M3
48,509.7
47,318.4
48,394.5
52,630.1
49,728.6
For information:
Deposits in foreign currency, USD m
12,044.5
11,825.3
11,632.3
11,995.8
11,648.8

Natural persons

7,538.1
7,554.4
7,579.9
7,454.9
7,299.1

Legal entities^

4,506.4
4,270.9
4,052.4
4,540.9
4,349.8

1. Transferable deposits

3,531.8
3,413.9
3,293.7
3,775.8
3,595.2

1.1. Natural persons

1,321.7
1,355.6
1,407.5
1,422.9
1,460.5

1.2. Legal entities^

2,210.0
2,058.3
1,886.2
2,352.9
2,134.7

2. Other deposits

8,512.7
8,411.4
8,338.6
8,220.0
8,053.7

2.1. Natural persons

6,216.3
6,198.8
6,172.4
6,032.1
5,838.6

2.2. Legal entities^

2,296.4
2,212.6
2,166.2
2,188.0
2,215.1
Securities issued by banks (outside bank circulation) in foreign currency, USD m
732.6
727.8
735.1
575.1
573.8
Precious metals deposits, USD m
51.6
45.9
40.9
39.5
40.1

^ Legal entities – commercial and non-commercial institutions, independent entrepreneurs, non-bank credit and financial institutions.

Methodological comments to calculation of indicators are given in section 7 “Methodological notes to the tables” of the Bulletin of Banking Statistics.

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On May 20 the refinancing rate will decline to 8% per annum (Press release)

Source: National Bank of the Republic of Belarus in English

On May 20, 2020, the refinancing rate will be reduced from 8.75% to 8% per annum, the rate on overnight credit – from 9.75% to 9% per annum and that on overnight deposit – from 7.75% to 7% per annum.
The relevant decisions were taken by the Board of the National Bank of the Republic of Belarus following the meeting on monetary policy on May 13, 2020.
The statement of the Chairman of the Board of the National Bank of the Republic of Belarus based on the results of the meeting will be published on the website of the National Bank at 3:00 pm (UTC+3).
The next meeting on monetary policy of the Board of the National Bank of the Republic of Belarus is planned for August 12, 2020.

MIL OSI

Foreign trade of goods and services, January-March 2020

Source: National Bank of the Republic of Belarus in English

“Goods” and “Services” items are components of the current account of the Balance of Payments of the Republic of Belarus. Since 2012, the data are compiled in compliance with the IMF’s methodological recommendations provided for in the sixth edition of the IMF’s Balance of Payments and International Investment Position Manual (IMF, Washington, D.C., 2009).
Statistical Information:
According to the 6th Edition of the Manual:

Reconciliation between the data on trade of the Republic of Belarus:

Geographical distribution of foreign trade in services of the Republic of Belarus for 2018-2019:

According to the 5th edition of the IMF’s Balance of Payments Manual (IMF, 1993) 2003-2011:
Information on Payments for Export and Import of Goods and Services, Income and Transfers of Nonfinancial corporations and households:
See also:

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Main performance indices and participants of the Belarus interbank settlement system, January-April 2020

Source: National Bank of the Republic of Belarus in English

Indices
January-April, 2019
January-April, 2020
Deviation
(clm.3–clm.2)
(clm.3/clm.2)*100-100, %
1
2
3
4
5
1. Effected payment instructions
 
 
 
 
1.1. By number, thou units
25,997.0
26,464.0
467.0
1.8
1.2. By value, mln rubles BYN
216,187.4
290,698.3
74,510.9
34.5
2. Average daily turnover
 
 
 
 
2.1. By number, thou units
313.2
318.8
5.6
1.8
2.2. By value, mln rubles BYN
2,604.7
3,502.4
897.7
34.5
3. Average size of payment instruction, thousand rubles BYN
8.3
11.0
2.7
32.1
4. Canceled payment instructions
 
 
 
 
4.1. By number, units
0
0
0.00
X
% of the total amount conducted payment instructions
0.000
0.000
 
 
4.2. By value, thousand rubles BYN
0.0
0.0
0.0
X
% of the total amount conducted payment instructions
0.000
0.000
 
 
5. Сoefficient of accessibility*,%
100.00
100.00
X
X

Indices
January – December, 2018
January – December, 2019
Deviation
(clm.3–clm.2)
(clm.3/clm.2)*100-100, %
1
2
3
4
5
1. Effected payment instructions
 
 
 
 
1.1. By number, thou units
77,971.3
82,273.8
4,302.5
5.5
1.2. By value, mln rubles BYN
578,751.2
764,063.2
185,312.0
32.0
2. Average daily turnover
 
 
 
 
2.1. By number, thou units
308.2
326.5
18.3
5.9
2.2. By value, mln rubles BYN
2,287.6
3,032.0
744.4
32.5
3. Average size of payment instruction, thousand rubles BYN
7.4
9.3
1.9
25.1
4. Canceled payment instructions
 
 
 
 
4.1. By number, units
0
0
0.0
X
% of the total amount conducted payment instructions
0.000
0.000
 
 
4.2. By value, thousand rubles BYN
0.0
0.0
0.0
X
% of the total amount conducted payment instructions
0.000
0.000
 
 
5. Сoefficient of accessibility*,%
99.98
100.00
X
X

* This indicator shows the ASIS’s (Automated System of Interbank Settlements) readiness to carry out interbank settlements, including the acceptance, processing, and transfer of electronic payment documents during the time stipulated by the timetable for the BISS acceptance and processing of electronic payment documents and electronic messages from the participants of the BISS.

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