of June 21, 2011 No. 261
About creation of "Development Bank of the Republic of Belarus" open joint stock company
For the purpose of assistance to sustainable development of economy of the Republic of Belarus, increase in efficiency of investing activities:
1.1. the "Development Bank of the Republic of Belarus" open joint stock company (further – Development bank) which founders are the Council of Ministers of the Republic of Belarus and National Bank, is not bank, the non-bank credit and financial organization in the value determined in articles 8 and 9 of the Bank code of the Republic of Belarus.
During creation, reorganization and liquidation of Development bank the requirements of the legislation provided for banks, the non-bank credit and financial organizations are not applied.
The bank law is applied to activities of Development bank if other is not determined by this Decree. The requirements of the legislation provided for banks, the non-bank credit and financial organizations in the field of banking supervision are applied to Development bank taking into account the features established by National Bank.
For the purposes of implementation of banking supervision Development bank is recognized parent organization of bank holding. In? structure of this holding not? the Belarusian fund of financial support of entrepreneurs joins.
Development bank performs activities according to the Constitution of the Republic of Belarus, this Decree, other acts of the legislation and the Charter;
1.2. tasks of Development bank are:
Full text is available with an active Subscribtion after logging in.
Disclaimer! This text was translated by AI translator and is not a valid juridical document. No warranty. No claim. More info
Search in text CTRL-F
If you are guest on our site, you will work in Demo mode. In Demo mode you can see only first page of each document.
With full access you can
Database include more 65000 documents. You can find needed documents using search system.
For effective work you can mix any on documents parameters: country, documents type, date range, teams or tags.
More about search system
If you cannot find the required document, or you do not know where to begin, go to Help section.
In this section, we’ve tried to describe in detail the features and capabilities of the system, as well as the most effective techniques for working with the database.
You also may open the section Frequently asked questions.
This section provides answers to questions set by users.