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Priorbank Trade Facility

Sector: Commercial • Location: Belarus

Source: International Finance Corporation (IFC)

Project
Completed

Priorbank (or the bank), a leading private bank, is the third largest in Belarus, with net worth of $28 million and assets of $284 million equivalent as of December 31, 2002. In addition to its corporate and SMEs activities, Priorbank actively works with trading and retail sectors and provides a wide range of other financial services. The bank’s main strategic goal is to build on its leading posit

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The project “Priorbank Trade Facility” is an infrastructure initiative in the Commercial sector, located in Belarus. Taiyo aggregates data on it from International Finance Corporation (IFC).

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Participants

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completed

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Description

Description

Priorbank (or the bank), a leading private bank, is the third largest in Belarus, with net worth of $28 million and assets of $284 million equivalent as of December 31, 2002. In addition to its corporate and SMEs activities, Priorbank actively works with trading and retail sectors and provides a wide range of other financial services. The bank’s main strategic goal is to build on its leading position in the market by providing comprehensive corporate and retail client services based on advanced banking technology and professional management. The bank is planning to use IFC funding to expand its lending portfolio to medium-sized private corporates in various sectors of the economy.

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

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