Business peciliarities in Ukraine and Bealrus
On the other hand, the new regulation concerning regulatory capital will force small
banks either to find additional resources, or will make them more complaisant in talks with
Russian capital regarding mergers or sales, given that the latter is the most interested in
being represented in Belarus.
Among Belarusian banks with foreign (non-Russian) ownership are for example: Priorbank
subsidiary of Austrian bank Raiffeisen International; Belarusky Narodny Bank (BNB)
subsidiary of Bank of Georgia (the largest Georgian bank listed in London Stock Exchange);
BTA Bank subsidiary of BTA Bank Kazakhstan, the largest bank in Kazakhstan; Idea Bank
belonging to Polish Investment Group listed in Warsaw Exchange.
According to Bloomberg, in 2012, Moody's Investors Service retained its negative outlook on
Belarus's banking system, saying assets will deteriorate further and lenders will become
annaabi.ee 
