Belvnesheconombank Open Joint Stock Company is a universal credit and financial institution. With many years of experience and established reputation both in international and domestic money markets to its credit, Bank BelVEB OJSC holds a leading position among commercial banks in the Republic of Belarus in international settlements, foreign exchange transactions and foreign trade financing of state agencies and businesses.
Bank BelVEB OJSC operates in accordance with the following licenses:
- License of the National Bank of the Republic of Belarus No. 6 dated 12/27/2013 to perform banking operations;
- Special Permit (Licence) of the Ministry of Finance of the Republic of Belarus No. 02200/5200-124-918 dated June 29, 2002, and valid until June 22, 2022, to perform professional and stock exchange operations with securities;
Special Permit (Licence) of the Ministry of Finance of the Republic of Belarus No. 02200/21-00884 dated June 23, 2010, and valid until June 22, 2015, to perform professional and stock exchange operations with securities
As at 04/02/2015, the Bank's branch network comprised 19 branches, including 5 branches in regional capitals, 3 branches in Minsk, and 11 branches in major cities across the country. The Bank's subsidiaries include Belvneshstrakh Insurance Company, International Energy Center, Mir Fitnesa and Vnesheconomstroy subsidiary companies and Sivelga associated company.
Bank BelVEB OJSC Authorized Capital is registered at Br 1 174 075 million. Among Bank BelVEB OJSC shareholders, there are about 430 legal entitiesand over 43 000 natural persons.
Pursuing its key lines of business, Bank BelVEB OJSC, all through its history of business operation, has held leading positions within the country's banking industry in rendering export and import payment services and financing foreign trade transactions. This is evidenced by credit lines established by banks from Germany, Austria, Italy, the Czech Republic and other countries to finance contracts for the delivery of goods and services necessary to implement investment projects in Belarus. Owing to Bank BelVEB OJSC high standing in the international financial community, many foreign companies and organizations opt for Bank BelVEB OJSC as their guarantor bank. The Bank has become a clearing house for the majority of domestic banks in foreign exchange settlements and a key service provider for banks in CIS countries and Baltic States in Belarusian ruble payments.
Bank BelVEB OJSC holds the status of a principal member of MasterCard (since 1994) and VISA International (since 1995) and is licensed to issue plastic bank cards and provide card-related services as well as to assist other Belarusian banks in gaining access to these international payment systems.
|Articles of association of Belvnesheconombank open joint stock company
Filesize: 683 K. Publish Date: 14.11.2013