Financial Institutions Modify Loan Conditions and Alter Interest Rates
In the financial landscape of Belarus, Paritetbank and BNBBank are making adjustments to their loan offerings, albeit with limited details publicly available.
Paritetbank has introduced changes to its consumer loan named "#willbedmoney". The maximum term for this loan has been extended from 3 to 5 years, and the maximum amount available for salary clients has increased from 15,000 to 30,000 rubles. Additionally, the grace period with a reduced rate has been removed.
For those seeking to open, maintain, or close current and other bank accounts, Paritetbank has updated its rules for servicing legal entities and individual entrepreneurs, effective from August 12. However, no specific changes in loan parameters for other products such as Auto loans, Mortgages, Deposits, Credit cards, Debit cards, Leasing services for new cars, Leasing services for used cars, or Leasing services for business have been mentioned.
Regarding BNBBank, no notable changes in loan products have been reported. The maximum term for the loans offered by BNBBank remains unspecified, and no changes in account servicing products have been detailed either.
The stable refinancing rate in Belarus, with no further increase planned as of August 2025, suggests a stable interest rate environment for loans. The rising use of convertible loans, a flexible instrument for startups and investors, indicates innovation in loan and financing structures offered by Belarusian financial institutions.
However, the broader geopolitical and economic context, including EU sanctions against Belarus and Russia, could indirectly influence bank lending policies and product offerings. For precise product changes, direct inquiry to Paritetbank and BNBBank or their official channels may be necessary.
Mikhail Svetlov, a journalist, is covering the changes at Paritetbank and BNBBank, providing valuable insights into the evolving financial landscape in Belarus.
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