Largest Bank Boosts National Currency Deposit Rates
In the banking sector of Belarus, several changes have been made to deposit product conditions as of August 2025. Here's a roundup of the updates:
Alpha Deposit (Non-withdrawable) in BYN
The interest rates for Alpha Deposit (Non-withdrawable) in Belarusian rubles have seen an increase. For terms of 13, 18, and 24 months, the rates have risen by 0.8 percentage points (p.p.) to 15.35%, by 0.4 p.p. to 15.05%, and by 0.3 p.p. to 15.15% per annum, respectively. It is important to note that the minimum deposit amount for this product is 50 BYN.
TechnoBank Tariff Changes
TechnoBank has adjusted tariffs for servicing legal entities and individual entrepreneurs, effective from August 11. However, details on these changes have not been specified in the available information.
Interest Rate Adjustments at Bank Dabrabyt
Interest rates on "Shchodry" and "Shchodry online" deposits in Belarusian rubles at Bank Dabrabyt have been reduced by 0.1 percentage points to 15% per annum for options with a term of 13 months.
Belarusbank Deposit Rate Increases
Belarusbank has increased interest rates on some ruble deposits, but specific details on these changes have not been provided.
Commission Fees for Transferring Funds Abroad
Commissions for transferring funds abroad have been revised. For a client's payment order, payment demand in yuan through a correspondent account of a Chinese bank resident in favor of beneficiaries served by this bank, as well as to accounts in OJSC "Priorbank", the commission is now 0.2% of the amount (min. 60 USD, max. 200 USD). Commissions for transferring funds abroad based on a client's payment order, payment demand in yuan through other correspondent accounts, are now 0.7% of the amount (min. 600 yuan). Commissions for transferring funds abroad based on a client's payment order, payment demand in yuan through a correspondent account in resident banks, are now 0.4% of the amount (min. 50 USD).
Other Deposit Rates
The article does not provide details on Consumer Loans, Auto Loans, Business Loans, Mortgages, Credit Cards, Debit Cards, New Auto Leasing Services, Used Auto Leasing Services, Business Auto Leasing Services, "Uspeshnyi Bezotzyvnyi Online", "Damskii k@priz (non-withdrawable)", or other deposit rates or terms other than Alpha Deposit (Non-withdrawable) in BYN.
Contextual Information
Due to international sanctions and geopolitical challenges, some foreign banks have restricted transactions to Belarus, affecting payment settlements from and to Belarus since early 2025. This may indirectly impact Belarusian banking operations and fees. The Belarusian economy remains highly centralized with a dominant public sector, and historical context indicates high inflation and interest rate volatility. However, no specific or updated deposit interest rates or commission fees were found for 2025. The wider regional environment, including Russia, has seen some easing of interest rates in 2025, but Belarus-specific monetary policy changes were not reported. Deposit dollarization in nearby regions is stable, implying a potentially cautious deposit market, but no tariff or commission info was identified. A neighboring bank, Privatbanka, published interest rates valid since June 2025, but it is not specifically a Belarusian bank, and no exact rates or fees from Belarusian banks were identified.
In conclusion, while there is no specific public data on recent or current changes in deposit interest rates, tariffs, or commission fees for Belarusian bank deposit products, the ongoing sanctions and geopolitical factors likely influence transaction tariffs and commissions indirectly. Precise updated figures or policy changes would need to be obtained directly from Belarusian banks or local financial regulatory announcements.
- In the realm of business, these changes in deposit product conditions, including the adjustments in interest rates for certain deposits, may have implications for the financial sector of Belarus and its customers.
- TechnoBank's adjustments in tariffs for servicing legal entities and individual entrepreneurs could potentially impact the broader business landscape, given the importance of such services for these entities.
