MINSK, 2 October (BelTA) – Belgazprombank intends to earn $50 million as net profit in 2015, BelTA learned from Belgazprombank Chairman of the Board Viktor Babariko on 2 October.
According to the source, in terms of foreign currency this year's targets are lower than last year's. “We ended last year with about $72 million as profit. This year we intend to get about $50 million. Changes of the exchange rate are to blame. I can say that our monthly profit earning plans have been slightly revised downwards but the annual plan will be fulfilled completely,” said the Belgazprombank Chairman of the Board.
Speaking about this year's changes on the financial market, Viktor Babariko noted that Belgazprombank was ready for them. “We've seen profit go up and down through the year but by January 2016 we should definitely hit the targets approved by the shareholders,” he said.
The Belarusian-Russian public joint-stock company (OAO) Belgazprombank was established in 1990. The shareholders are Gazprom (49.66%), Gazprombank (49.66%), Gazprom Transgaz Belarus (0.49%), and the Belarusian Energy Ministry (0.18%).