Belarusian banks’ total balance sheet profit amounted to 399.7 million Belarusian rubles (Br) in January-July, or $204.231 million at the official rate of the central bank, up by 35.2% YoY, the National Bank of Belarus said in a statistical report.
Banks’ equity capital totaled 8.138 billion rubles ($4.158 billion) as of August 1, up by 7.5% YoY and by 3.7% since early 2016.
Capital adequacy grew by to 17.1% as of August 1, compared to 18.7% as of January 1, 2016 and 20.4% on August 1, 2015.
Return on equity of Belarusian commercial banks was at 5% as of August 1, 2016, compared to 4.5% as of August 1, 2015 and 8.4% as of January 1, 2016.
Belarusian banks’ balance sheet assets went up by 16.1% YoY in January-July 2016 to Br66.476 billion ($34 billion) as of August 1, up by 2.3% since early 2016.
Return on assets went down to 1.1 % as of August 1, 2016 to compare with 1.3% as of August 1, 2015 and 1% as of January 1, 2016.
Problem assets went up 1.7 times YoY in January-July 2016 to 5.969 billion rubles ($3.05 billion) as of August 1, 2016; up 2.2 times compared to the level of January 1, 2016.
Provisions for assets subject to credit risks increased by 52% YoY in January-July to 2.274 billion rubles ($1.162 billion), up by 18.6% since early January 1, 2016.
The share of troubled assets in Belarus’ bank assets subject to credit exposure went up to 14.3% as of August 1, 2016 from 6.83% as of January 1, 2016 and 6.1% as of August 1, 2015.
Short-term liquidity of Belarusian banks grew to 2.4% as of August 1, 2016 to compare with 2.1% as of January 1, 2016 and 1.6% as of August 1, 2015.
Immediate liquidity reduced to 153.4% as of August 1, 2016 from 214.6% as of January 1, 2016, compared to 312.8% as of August 1, 2015.
Current liquidity stood at 126% as of August 1, 2016 to compare with 123.4% as of January 1, 2016 and 141.8% as of August 1, 2015.
The ratio of liquid assets to total assets went down to 27.4% as of August 1, 2016 to compare with 29.7% as of August 1, 2015 and 32.1% as of January 1, 2016. (Prime-TASS/Business World Magazine)