Purposes of Mass Media

The Belarus banking sphere of influence is characterized by a high rate of concentration. The largest bank, Belarusbank, represents 41% of the banking sector assets, and over each the initiative five largest banks soften 80% of the assets. Four of these five banks are own by the democracy, with the tierce largest bank being owned by Priorbank. Financially, the banking sector is considered under- corkingized, paroxysm from a lack of liquidity, and pressured by the imbalance of its short-term and long assets and liabilities. The tell share (usually through the Ministry of Economy) in the staple capital of a bank is as much as 81%, with the share of foreign sources at 9%, municipal sources (especially industrial corporations) 7,6%, and the National Bank of Belarus (NBB) 2.8%.\ The National Bank is a state agency which is independent of the government and which reports to the President of Belarus. It does non nevertheless regulate the functioning of commercial banks by decr ee, only if to a fault holds stakes in some banking institutions. Banking placement structure Banks operating in Belarus fall into two categories. The first one consists of six major banks, five of which were established on the basis of pre-existing Soviet banks: BelarusBank, Belagroprombank, Belinvestbank, Belpromstroybank and Belvneshekonombank and PriorBank, the largest privately-owned banking institution. These banks finance state programs and identify for about 90% of all assets in the Belarusian banking sector. The state holds controlling stakes in the first four banks. BelarusBank, which has interpreted over the branch meshing of the Soviet banking behemoth Sberbank, is a case apart. Fully owned by the state, it accounted for 44% of the overall loan portfolio of the banking sector, 35% of its comeliness capital and 62% of its deposits. As of 1 January 2007, the Belarusian banking system comprised 30 functioning banks. Of these, 26 were foreign-invested. Ten banks were fully foreign-owned The get along num! ber of branches as of 1 January...If you want to get a full essay, army it on our website: BestEssayCheap.com

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