National Bank will support the real sector of economy

The National Bank of Belarus has taken additional temporary measures to increase the ability of banks to provide financial support to the real sector of the economy, BELTA writes.

Until December 31, 2022, banks are provided with additional opportunities. When classifying assets and contingent liabilities, as well as when forming special reserves, it is possible not to take into account the impact of exchange rate differences after February 1, 2022. When assessing the sufficiency of the debtor's receipts in foreign currency, it is possible to include Russian rubles and Chinese yuan in the calculation of the incoming flow, regardless of the currency of the credit debt. When calculating the adequacy of regulatory capital, it is possible to reduce the degree of risk on loans from 500% to 100%.

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Photo: sputnik.by