Head of Belarus requires to strengthen banking supervision
Nina Gurin. Head of Belarus Alexander Lukashenko demands from the new leadership of the National Bank to increase the efficiency of financial resource allocation in the economy and strengthen Bank supervision of distressed assets.
" Today it is important to increase the efficiency of financial resource allocation in the economy. Loans of credit institutions must be directed to the 1st turn on the funding of the most bankable projects, " Lukashenka said on the last working day of the week, posing in the upper house of Parliament to the post of the Chairman of the Board of the national Bank Pavel Kallaur.
the leader warned: if you see that the business plan does not pay off, there is no need to issue Loans under him." Banks may not take on their own shoulders unnecessary risks. Should deviate from the principle: each will help. In the end, such actions have the ability to suffer everything, " He said.
Lukashenko has set a goal of " strengthen banking supervision of distressed assets." He also asked in persistent form from the government and the national Bank to develop the financial market of the country, for example, extending it through fundraising residents.
" Let's invest the money in stocks, bonds. People must be large assortment to invest their savings, " he said." But God forbid we repeat what happened in Russia or Ukraine that through this mechanism, certain quirky citizens are not brought company, " He warned.