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Union Business

26.10.2011

This Year Sberbank Provided BPS-Sberbank $ 750 Million of Financial Assets

This year public corporation “Sberbank of Russia” has granted Belarusian “BPS-Sberbank” financial resources equivalent to $ 750 million, said Chairman of the Board of “BPS-Sberbank” Vasili Matyushevski at the press conference in Minsk.

This year public corporation “Sberbank of Russia” has granted Belarusian “BPS-Sberbank” financial resources equivalent to $ 750 million, said Chairman of the Board of “BPS-Sberbank” Vasili Matyushevski at the press conference in Minsk.

Talking about the fact that “Standard & Poor’s” lowered its rating for “BPS-Sberbank", he noted that for Sberbank of Russia, as for the parent bank, that fact has not gone unnoticed. “But “Sberbank” showed sympathetic understanding of the problem as this drop in bank’s rating was caused by lowering rating of Belarusian economy on the whole,” said Vasili Matyushevski.

Chairman of the Board of “BPS-Sberbank” stressed that “we haven’t denied a single rating”. “BPS-Sberbank” is a socially responsible and open bank. We have a large number of clients who are interested in an external opinion on our bank’s state of affairs,” he added.