MINSK, 24 March (BelTA) - BelVEB Bank hopes for the additional capitalization by VEB.RF in 2021, Chairman of the Board of BelVEB Bank Vasily Matyushevsky said at the opening ceremony of an office in the Great Stone Industrial Park, BelTA informs.
“Last year was the year of challenges for the banking system. We are sincerely happy that we did not disappoint our clients, shareholders and the regulator. In my opinion, the banking system coped with the challenges of the previous year quite well. The year was extraordinary, we have never faced anything like that,” Vasily Matyushevsky said.
In his words, due to the outflow of funds from the accounts of individuals and legal entities BelVEB Bank had to ask the parent bank (VEB.RF) for help which was provided timely. The bank also asked the regulator to help. The assistance was returned at the end of 2020.
Speaking about the plans for 2021, Vasily Matyushevsky said: “We had a conversation with a shareholder. In the near future a crucial decision on the additional capitalization of our bank VEB.RF as well as on the possible expansion of the possible limit in case of emergency or extraordinary situations will be made. We will announce these figures by the end of April.”
