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18-05-10
NBRB: credit rates in June will be at pre-crisis level

As Peter Prokopovich, Chairman of the Board of the National Bank of the Republic of Belarus (NBRB), has reported to Alexander Lukashenko, President of Belarus, that in June, 2010, credit rates in the country would reach the level of 15%.

"The work that was being done to achieve pre-crisis level of credit interest rates – the official bank rate plus 3% - will be completed," – was said in the report.

Peter Prokopovich also has noticed that in March, 2010, interest rates on newly issued credits decreased by 1.1% in comparison with February.

The quantity of payments in the payment system of Belarus has increased by 13% in comparison with the previous year.

Prime-TASS

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