Aleksandr Lukashenko approves 2013 National Bank report

    President of the Republic of Belarus Aleksandr Lukashenko has approved the report of the National Bank of the Republic of Belarus (NBRB) for the year 2013.

    The annual report contains information regarding the performance and financial statements of the National Bank.

    The main results of the monetary policy were a considerable slowdown of inflation, stability of the Belarusian ruble exchange rate. The repayment of the external and domestic loan obligations were in time.

    In the accounting period the banking sector was stable.

    As of 1 January 2014 the aggregate registered authorized fund of banks increased by Br2 trillion, or 6.6%, to reach Br31.8 trillion.

    As of 1 January 2014 assets of the banking sector went up Br74 trillion, or 23%, to Br395.2 trillion.

    The financial statements provide information regarding the operations performed by the National Bank in 2013, including a balance sheet, a profit and loss account, formation and use of funds, etc.

    The authenticity of the NBRB annual balance sheet, a profit and loss account for 2013 and the abovementioned documents was confirmed by the international audit company Ernst&Young.