contact us
Work Time Contact Center Bank: Mon-Fri From 8AM To 8PM, Sat-Sun from 8AM to 6PM
Additional phone numbers:
+375 (17) 218 57 77;
+375 (29) 198 57 77 (A1);
+375 (29) 888 57 77 (МТС);
+375 (25) 999 57 77 (Life :)

Calls from fixed or mobile phone are charged according to the regular rates.
Information service is free of charge.

1. Risk Management System of the Bank

The Bank has a risk management system in place to ensure financial safety and sustainable, safe and marketable performance of the Bank to reach the strategic goals set by the Bank.

The key objective of the risk management system of the Bank is achieved through the following high-priority tasks:

  • Implementing the risk-limiting system  in accordance with the risk tolerance set by the Supervisory Board of the Bank;
  • Establishing the most effective organizational risk management pattern;
  • Avoiding the conflict of interests and the conditions for appearance thereof as part of risk management process;
  • Ensuring that the risk management system is implemented by skilled professionals using the necessary information systems and software and hardware tools;
  • Identifying risks in all types of activities, products and transactions of the Bank, as well as in payment systems to ensure its effective, reliable and safe functioning;
  • Ensuring availability of methodological procedures for each risk and improvement thereof based on the Bank’s risk profile and the scope of application;
  • Determining interconnection between individual risks;
  • Establishing the risk monitoring system at the stage of the emerging negative trend based on the key risk indicators, as well as a quick response system to prevent or reduce the potential negative influence of risks on the Bank’s performance;
  • Obtaining sufficient compensation for the risk taken;
  • Ensuring regular communication of the Bank’s risks at all levels of the organizational pattern of the risk management system;
  • Ensuring efficiency control of the risk management process.

The Bank has defined the following risks that are inherent to its activity: liquidity risk, credit risk, strategy risk, interest rate risk of bank portfolio, market risk (interest risk of trading portfolio, currency risk, stock market risk, commodities risk), operational risk, reputation risk, country risk and concentration risk.

The Bank is continuously taking measures to improve the risk management system, based on the results of periodic performance assessment.

The organizational pattern of the Bank’s risk management process is based on three lines of protection against risks and includes:

  • the Supervisory Board of the Bank;
  • the Risk Committee and Audit Committee under the Supervisory Board of the Bank headed by independent directors of the structure of the Supervisory Board of the Bank;
  • the Management Board;
  • the Financial Committee of the Bank, the Asset and Liability Committee of the Bank, the Non-Performing Loan Committee of the Bank, the Credit Committee of the Bank, the credit committee of the Central Client Service Office, the Select Credit Committee, ongoing meetings, the credit committees of regional directorates, of banking services centres, and of the Underwriting Department;
  • the Internal Audit Department;
  • the Official responsible for the Risk Management of the Bank;
  • The Risk Centre
  • Other structural subdivisions responsible for risk Management;
  • Structural subdivisions responsible for the risks generated in the process of their activity;
  • The Central Client Service Office, the Banking Transactions Services Centre, and regional directorates responsible for the risks generated in the process of their activity.

The main tools for improving risk management system of the Bank:

  • Determining, within the Bank’s risk management strategy, tasks to enhance efficiency of the risk management system and implementation thereof;
  • Improving the organizational pattern of the risk management system;
  • Developing and updating of methodological procedures related to risk management;
  • Developing the Bank’s information technologies for risk management process and further implementing the risk management automated system based on the integrated data warehouse of the Bank;
  • Planning a series of actions aimed at development of the risk management system.

2. Risk Management of the Bank holding company.

Risk Management System of the Bank holding company includes:

  • The Bank’s Risk Management;
  • The Participants of the Bank holding company’s Risk Management;
  • The Risk Management of the Bank holding company on the consolidated basis.

The internal control system of the Bank holding company’s risks is multilevel and allocated through all hierarchy of the Bank’s Risk Management organizational structure and Participants of the Bank holding company.

At the level of the Bank the Risk Management internal control system of the Bank holding company includes:

  • the Bank’s governing boards (the General meeting of shareholders of the Bank, the Supervisory Board of the Bank, the Management Board of the Bank);
  • the Risk Committee under the Supervisory Board of the Bank;
  • the Financial Committee of the Bank, the Asset and Liability Committee of the Bank, the credit committees, ongoing meetings– within decision making related to banking transactions with the Bank’s clients, including the Participants of the Bank holding company;
  • the Cirman and Deputy Chairmen of the Board of the Bank, the Executive Directors of the Bank, the Operational Directors of the Bank;
  • the Representatives of the Bank in the Supervisory Boards of Participants of the Bank holding company - joint stock companies;
  • the structural subdivisions of the Bank’s head office including the Risk Centre, the Centre of Investment Projects Implementation, Internal Audit Department, Financial Department, Department of Cybersecurity;
  • Regional directorates providing banking services to the Participants of the Bank holding company.

At the level of the Participants of the Bank holding company, the Risk Management internal control system of the Bank holding company includes:

  • the governing boards of joint-stock companies - the General meeting of shareholders of the Bank, the Supervisory Board of the Bank;
  • committees of the Participant of a bank holding company, created, if necessary, in order to resolve certain risk management  issues;
  • structural subdivision related to risk management designated in the organizational structure of the Participant of the bank holding company (if any)
  • auditing committee of the Participants of the Bank holding company;
  • top management  of the Participants of the Bank holding company.

The objectives of the Risk Management internal control system of the Bank holding company on the consolidated basis are:

  • efficiency and productivity of financial and other economic activity of the Bank based on performance results of the Participants of the Bank holding company;
  • efficiency of the Risk Management, assets and liabilities management;
  • efficiency of transactions executed between the Participants of the Bank holding company;
  • the prevention of the transactions aimed at distortion of the Bank’s performance indicators;
  • reliability, completeness, objectivity and timeliness of drawing up and submission of information on the activity;
  • compliance by the Organizations of the Bank holding company and their workers with requirements of the legislation of the Republic of Belarus and local regulatory legal acts;
  • an exception of involvement of the Organizations of the Bank holding company in the financial operations of the illegal nature, including the prevention and suppression of the actions connected with money laundering, terrorist financing and financing of proliferation of weapons of mass destruction.

The Risk management of the Bank holding company is exercised by means of the solution of the following top-priority tasks:

  • implementation of measures aimed at ensuring the understanding of the pursued risk management policy by each employee of the Organization of the Bank holding company;
  • formation of the habits necessary for the performance by each employee of their risk management functions within the scope of their job responsibilities;
  • improvement of the decision-making process and strategic planning by understanding of potential opportunities and threats in the course of the activity of the Organizations of the Bank holding company;
  • creation of the risks tracking system at a stage of emergence of a negative tendency, for prevention of risk which consequences are critically significant for the Organizations of the Bank holding company;
  • formation of the risk management internal control system corresponding to scope and the nature of activity of the Organizations of the Bank holding company.

The risks internal control system in the Bank holding company is organized on the consolidated basis to ensure the possibility of obtaining comparable information concerning the risks level of the Organizations of the Bank holding company, including the possibility of aggregate assessment of the risks level of the Bank holding company.

***
Information on appointment of a risk management officer at JSC Belagroprombank

Risk management officer at JSC Belagroprombank: Pavel Vasileuski, First Deputy Chairman of the Management Board of JSC Belagroprombank (appointed a risk management officer from 29.07.2016 by the Bank’s Order with the consent of the Supervisory Board of the Bank).

 

Лучшие курсы в выбранном населенном пункте

24/10/21 we buy we sell
USD 2.4100 2.4300
EUR 2.8070 2.8270
RUB
100 units
3.3950 3.4750

NB RB
NB RB
24/10/21    
USD USD 2.4299
EUR Euro 2.8268
RUB 100 rus.rub. 3.4309
Bonds
Bonds
Precious metal
Precious metal
Gold
currency value price
BYN 50г 8 200.00
BYN 20г 3 270.00
BYN 10г 1 680.00
Profitable investments