NUCLEAR POWER IN BELARUS AND WORLDWIDE
MINSK, 22 April (BelTA) – Shares of the public joint-stock company (OAO) Paritetbank have been sold to a foreign private investor, the press service of the State Property Committee of Belarus told BelTA.
Beristore Holdings Limited bought a package of state-owned shares in OAO Paritetbank to the tune of 99.83% of the charter capital.
In line with the strategy on developing Belarus' financial market till 2020, which was approved jointly by the Council of Ministers and the National Bank of the Republic of Belarus on 28 March 2017, work is in progress to reduce the state share in the charter capital of individual banks by selling the shares to strategic investors as part of the efforts to develop the national banking system.
Foreign and domestic investors enjoy equal rights to the privatization of state property, including state banks, and equal rights to setting up and running a business in line with Belarusian laws.
Beristore Holdings Limited is owned by the Russian entrepreneur Said Gutseriev. He is a co-owner of the Belarus-registered cryptocurrency exchange Currency.com and several IT startups.
