300 coins worth BYN50 issued Today the National Bank of the Republic of Belarus has presented commemorative coins timed to the major sporting event of the year. Numismatists will appreciate high-carat gold coins worth BYN50. There are only 300 of them. In the center there are images of the ...
National Bank develops concept of basic account for individuals Belarusians will be offered to independently choose a bank for servicing. And banks will be able to open accounts for individuals for free. Such tasks will allow the implementation of the ...
Old-style banknotes remain legal tender The National Bank of Belarus presented the updated banknotes of 5 and 10 rubles. They feature an additional watermark and a wider security thread. The design has also changed: the inscription "Chairman of the Board" and the facsimile of the signature ...
The EU-financed Twinning project to be implemented by Belarus National Bank in cooperation with a consortium of European banks The Financial Ombudsman Service that provides external dispute resolution for consumers may appear in Belarus. Thus, the protection of rights in the financial services field will become ...
Plans to allow some organizations to conduct transactions without digital signature Banks of Belarus can get the right to conclude smart contracts. Corresponding amendments are to be introduced to the current legislation. Smart contract is a program code that is created and used in blockchain to execute various transactions. At present, High-Tech Park residents have the right to sign such contracts. In addition, it is planned to allow some organizations to make transactions by analogy with banks...
Banks and non-banking organizations operating in sphere of leasing to receive legal support from regulator The National Bank of Belarus will create the necessary legal framework for the long-term development of high-tech Internet sites for financing business and the population. On the one hand, this increases flexibility in the management of corporate and personal ...
National Bank reduces refinancing rate to 16% per annum The refinancing rate of the National Bank of the Republic of Belarus (NBRB) was reduced from 17% to 16% per annum. The decisions was taken on the basis of the consumer prices growth forecast, the ...