The Belarusian banking system has fulfilled all its commitments for the first half of the year, Roman Golovchenko, Chairman of the Board of the National Bank of Belarus, told the media ahead of an expanded board meeting of the National Bank on 30 July, BelTA has learned.
“The targets are traditionally challenging, but I am pleased to note that the National Bank and the banking system have met all their commitments for the first half of the year, and not just met them, but exceeded them across all key objectives. The situation has improved compared to the first quarter. The banking system has mobilized in line with the assigned tasks, and today we are quite satisfied with the state of affairs. We see positive results and expect them to continue through the end of the year,” said Roman Golovchenko.
During the meeting, he noted that since March, the country’s economy has shown a certain recovery trend, reflected in GDP turning positive at 1.5%. “I believe this was also facilitated by our work in shaping interest rate policy aimed at a gradual reduction of interest rates in the economy, which naturally increases the availability of credit resources. Since May, capital investment has been recovering, with growth of 4.1% in the first half of the year,” said Roman Golovchenko. “The main contribution to this growth still comes from bank lending.”
According to him, it is positive that enterprises are actively investing in technological upgrades: based on the first-half results, spending on the acquisition of machinery and equipment, the active part of investment, grew by almost 9.5%.
Retail trade also showed fairly active growth of 7.6% over the six months. “Non-food products are growing more actively, mainly passenger cars, given the credit support provided in this area,” Roman Golovchenko said.
“As a result, all monetary policy targets for 2026, approved by the presidential decree, are being met. Inflation continues to slow down and is below the target trajectory. In June, the annual growth in consumer prices stood at 4.3%, down from 6.8% in December 2025. Analyzing the components and structure of inflation, we can note that this slowdown is structural rather than seasonal, as in previous years,” said Roman Golovchenko. “Given the dynamics of these processes, a decision was made in June to cut the refinancing rate by 50 basis points, to 9.25% per annum.”
In the first half of the year, the banking system provided significant support to exporters: the volume of foreign trade payments for goods and services processed by Belarusian banks amounted to $49 billion, an increase of more than $3 billion compared to the same period last year.
“The foreign exchange market remains stable. The net supply of foreign currency by all participants amounted to $800 million. International reserve assets stood at $14.2 billion as of 1 July, covering three months of imports, an internationally recognized safety benchmark,” Roman Golovchenko emphasized.
According to him, the key indicators of the banking and payment system’s sustainable functioning, including the share of non-performing assets in banks and the capital adequacy ratio, are within safe limits. The total profit of banks, including the Development Bank, for the first half of the year amounted to nearly Br2 billion.
“Decent results have been achieved in building the banks’ resource base, and the trend toward de-dollarization of the economy continues: in the first half of the year, the ruble share in broad money increased by another 3.2%, reaching 68.3%. At the same time, it is encouraging that the structure of ruble resources is also changing qualitatively, driven by more active growth in long-term deposits. We see with satisfaction that all banks have joined the effort to build a domestic market for long-term money. The growth of irrevocable household deposits in national currency with terms over one year amounted to 27.7%, while the volume of deposits with terms over three years increased 3.8 times,” Roman Golovchenko noted.
Answer:
Dear Shivendu Paul and Metali Listeners' Club,
dthank you for your comment! We'll send you some of our souvenirs ASAP.
Stay tuned and 73,
RBI
Hallo Radio Belarus,
ja der Dieter Leupold ist jetzt auch hier im Gästebuch vertreten... Super, bald sind wir alle zusammen hier im "Belarus Hörerclub", Dieter könnte 1.Vorsitzender werden und Jana und Elena Ehrernmitglieder, Helmut Matt Schriftführer, Alfred Albrecht Beisitzer und ich mache Hausmeister:-) Lutz Winkler wie fit bist Du bereits wieder, für Dich finden wir auch eine nette Aufgabe:-) Beste Grüße und ein schönes Wochenende.
Dietmar
Answer:
Lieber Dietmar,
das stimmt, für alle finden wir im Hörerklub eine Aufgabe!:)
Liebe Grüße und einen guten Start in die Woche!
I recently learned my surname is not Polish, but Belarusian. I heard you on shortwave in the past and am so happy to listen online in English. We hear nothing about Belarus here in the US so I am so glad to learn about your country. Keep on broadcasting in English. I also joined the Hoererklub on Facebook as I can understand German. If you have information or a station pennant, I will very much appreciate it.
Sheryl Paszkiewicz, 1015 Green St, Manitowoc WI 54220 USA
Answer:
Dear Sheryl, thank you very much for listening to us! We'll send you some of our souvenirs as soon as we can. By the way, if you're interested, you can participate in our "The Old Country's Loving Call" project and send a greeting to Belarus. You can find more detailed information at http://www.radiobelarus.by/en/content/hukaje_eng
Also, in case you like sports, here's the link to an international competition of ours "My Greetings to 2nd European Games" http://www.radiobelarus.by/en/content/games_eng
73 from the entire staff of RBI! Прывiтанне з Малой Радiзмы :)
Hello from Birmingham United Kingdom!
My name is Michael.
I really enjoyed listening to your program on the Hotbird satellite 13e. I very much love listening to your news and current affairs.
Ask you to send me a small gifts. I hope you guys are all good.
Lots of love from UK
Especially enjoying learning about Belarus. History and culture
Michael Rogers
Flat 2 463 City road Birmingham
B17 8LG
United Kingdom
Answer:
Michael,
thank you very much for listening to us! We're glad that you enjoy our programs. We'll send you some of our souvenirs as soon as we can. Best regards and stay tuned!
Hello. I am a new listener to your English service. I listen on the Radio 1 News app. I enjoyed listening to the news. Do you have any information on shortwave broadcasts you can send me?
Thank you,
Joe Cosimo
23 Ivy Ln, Dupont, PA 18641 U.S.A.
Answer:
Dear Joe, thank you for listening to Radio Belarus International! We're glad that you enjoyed our news. RBI broadcasts on shortwave only in German on 6005 and 3985 kHz. News and programs in English are available via our website and satellites. We'll also send you a postcard and a small souvenir as soon as we can. 73!
Hello,
My name is Younes Lazazi, I am from Algeria.
I am very happy that radio Belarus has started broadcasting in Arabic.
I would like to receive stickers and printed matter of the station and the Arabic and french services if possible.
My address:
Monsieur Younes Lazazi 14 rue Maza Boualem El-Harrach 16009 Alger Algérie
Thank you.
Answer:
Dear Younes Lazazi,
we're happy that you like our boradcasts. We'll send you some of our printed materials via mail in the nearest future. 73!
Dear English Service Radio Belarus,
Greetings to all staff and listeners of English Service of Radio Belarus. We listen your webcast program. Your program quality is very nice. Your website is colorful & documented. We liked your programs, News, and Current Affairs Program. We are interested about Culture, life style of Belarusian people, historical places, Tourist attraction and destination of Belarus.
Please send some program schedule, sticker, view card, Promotional items of Radio Belarus for our club members and students.
We are waiting for your reply.
With best wishes,
SHIVENDU PAUL
President
Metali Listeners' Club
India
Answer:
Dear Shivendu Paul,
thank you very much for listening to us! Your club is among our most dedicated listeners. We will send you some of our promotional products as soon as possible. 73!
Hello!
Did the arabic programmes start? I don't see them on your Internetcast schedule page. Thanks!
Answer:
Hello! The Arabic programmes have been on air since October, every Monday. You can see the schedule and listen to them on our Arabic page http://radiobelarus.by/ar
FM transmitters and frequencies:
Rakitnitsa - 106.2 MHz
Hrodna - 95.7 MHz
Svislach - 104.4 MHz
Heraniony - 99.9 MHz
Braslau - 107.7 MHz
Miadzel - 102.0 MHz
Satellite broadcasting:
see satellite parameters here
