YEREVAN, June 7. /ARKA/. The National Bank of Belarus has set the minimal size of authorized capital for new-established or reorganized banks in Belarusian rubles. According to the regulator’s decree issued on May 28, 2012, the amount must be equal to €25 million, RIA Novosti reported today referring to the Belarusian national bank’s press office.
Before that, the minimum amounted to €5 million.
As it was reported earlier, the national bank plans to increase the minimum size of standard capital for banks to €25 million.
Those banks whose normative capital is less than the set minimum now, will be given time – approximately until January 1, 2015 – for building it up. -0–
