The government of Belarus has set up a consortium to help develop Belarusbank's programs and sell minority stake in the bank.
The consortium consists of KPMG Tanacsado from Hungary, KPMG Belarus, Hungarian law firm Oppenheim and Belarusian law firm Stepanovski, Papakul and Partners.
The project will create a strategy for the bank for the next several years and sell up to 25 percent of the bank's shares to a foreign investor.
Last year, an independent assessment helped the bank sustain operations. Other recommendations put in place since 2015 have also helped the bank.
The new strategies are expected to maximize profits on bank shares.
Organizations in this Story
Want to get notified whenever we write about Belarus Bank ?
Next time we write about Belarus Bank, we'll email you a link to the story. You may edit your settings or unsubscribe at any time.Sign-up for Alerts
- NATIONAL BANK OF UKRAINE: The National Bank has agreed on the terms and conditions of activity of Ukraine's Clear Junction international payment system
- INTERNATIONAL MONERTARY FUND: Andorra Applies for IMF Membership
- CONVERSE BANK - ARMENIA: Converse Bank "Became a Santa" for the Children of Artsvashen
- NIKOIL - RUSSIA: Information on the work of the bank from December 31, 2019 to January 8, 2020
- RAIFFESISENBANK - RUSSIA: Raiffeisenbank: New Year eager to donate to charity
- THE BLACK SEA TRADE AND DEVELOPMENT BANK: BSTDB Increases Support to Agribusiness in Ukraine
- EURASIAN DEVELOPMENT BANK: Eurasian Development Bank has collected applications for the issue of short-term bonds in rubles in the amount of 3 billion rubles
- ASIAN DEVELOPMENT BANK: ADB, XacBank Sign Private Sector Loan to Support MSMEs in Mongolia
- ARTSAKHBANK - ARMENIA: Job Announcement
- GOVERNMENT OF UZBEKISTAN: The Ministry of Finance of the Republic of Uzbekistan held a regional training on reforms in the field of public procurement