For banks

FAQ

Q: What is the procedure for calculating and payment of calendar fees by the bank to the Agency's reserve?

A: The calculation of calendar fees is carried out by banks independently. Calendar fees are transferred by the bank to the Agency's reserve no later than 10th day of the month following the reporting calendar period.

Q: What is the evidence of registration?

A: Within three days from the date of register entry the Agency issues its Registration Certificate to the bank.

Q: What kind of mandatory fees is bank required to transfer to the Agency's reserve?

A: Banks are required to transfer to the Agency's reserve on an irrevocable basis following mandatory fees – a registration fee and calendar fees.

Q: What is the amount of the registration fee transferred by the bank to the ADC?

A: The registration fee is 0.5 percent of the amount of the bank's regulatory capital on the 1st day of the month in which the bank received a special permit (license) to conduct banking activities, granting the right to conduct a banking operation to attract individuals' funds to bank deposits.

Q: What is the amount of calendar fees the bank transfers to the Agency?

A: The size of the calendar fees is based on the size of the basic rate (standard, reduced, emergency) and the additional rate, which are applied to the calculation base for calculating calendar fees. The basic standard rate cannot exceed 0.3 percent of the calculation base. The basic reduced rate cannot exceed 0.15 percent of the calculation base and is applied by the bank starting from the reporting calculation period following the calculation period in which the amount of the Agency's reserve amounted to 5 percent or more of the total size of the calculation bases of banks registered (hereinafter referred to as the aggregate calculation base of banks). The basic emergency rate may not exceed 0.6 percent of the calculation base, and its size is set by the Council of Ministers of the Republic of Belarus and the National Bank with the President of the Republic of Belarus consent. The additional rate of the calendar fees may not exceed 0.15 percent of the calculation base, and its amount is set depending on the level of risks taken by banks in carrying out their activities.

Q: What is the "calculation base"?

A: The calculation base is the arithmetic mean of the daily balances on the bank's accounts for the accounting of funds placed by individuals in bank deposits (deposits), which are subject to reimbursement in accordance with the Law, for each calendar day of the calculation period.

Q: How is the bank's risk level defined for the purposes of calculating calendar fees?

A: The rules for assessing the activities of banks in order to define the level of risks they accept, including assessment indicators and the methodology for classifying banks by risk groups, are established by the National Bank and approved by Resolution No. 53 of the Board of the National Bank of the Republic of Belarus dated 08.02.2022.

Q: What is an interim administration?

A: The provisional administration is a special management body of the bank, appointed by the National Bank of the Republic of Belarus in the manner prescribed by the Law of the Republic of Belarus dated July 13, 2012 N 415-Z "On economic insolvency (bankruptcy)" * and regulatory legal acts of the National Bank of the Republic of Belarus. The procedure for the activities of the provisional administration is established by the regulatory legal acts of the National Bank of the Republic of Belarus.

Q: What are the grounds for appointing an interim administration?

A: The National Bank of the Republic of Belarus has the right to appoint a temporary administration if:
due to the absence or insufficiency of funds on the correspondent accounts of the bank, the bank does not satisfy the claims of individual creditors for monetary obligations and (or) does not fulfill the obligation to make mandatory payments within seven or more days from the day of their execution date;
the bank allows an absolute decrease in the bank's regulatory capital by more than thirty percent compared to the maximum value achieved over the past twelve months, while simultaneously violating one of the safe functioning standards established by the National Bank of the Republic of Belarus;
the bank during the last month violates the current liquidity ratio established by the National Bank of the Republic of Belarus by more than twenty percent;
the bank within the established period does not comply with the requirements of the National Bank of the Republic of Belarus to remove the head of the bank or take measures to improve the financial condition or reorganize the bank;
in accordance with legislative acts, there are grounds for revoking a special permit (license) from the bank to carry out banking activities.

Q: For how long can the National Bank of the Republic of Belarus appoint a temporary administration in the bank?

A: A provisional administration may be appointed for up to eighteen months.

Q: Under what conditions is the activity of the provisional administration terminated?

A: The National Bank of the Republic of Belarus makes a decision to terminate the activities of the temporary administration:
upon elimination of the reasons that served as the basis for its appointment; upon transfer of cases to the manager;
on other grounds established by the regulatory legal acts of the National Bank of the Republic of Belarus.

Q: What are the procedures used in a bank bankruptcy case?

A: Bankruptcy proceedings or liquidation proceedings may be applied when considering a bank bankruptcy case.

Q: Requirements for a Bankruptcy Manager.

A: The manager in case of bankruptcy of the bank must comply with the requirements of Articles 62 and 63 of the Law of the Republic of Belarus dated July 13, 2012 N 415-Z "On economic insolvency (bankruptcy)" *, qualification requirements established by the National Bank of the Republic of Belarus, and also have an additional special certificate of the manager.
An organization that provides guaranteed reimbursement of bank deposits (deposits) of individuals, subject to compliance with the requirements established by this article, may be appointed as a manager in case of bankruptcy of a bank by a decision of an economic court. the procedure and other conditions for its special attestation, including the grounds and procedure for issuing and canceling a special certificate of a manager. The National Bank of the Republic of Belarus, as well as its employees, cannot be appointed as a manager in case of bankruptcy of a bank.