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RESOLUTION OF BOARD OF NATIONAL BANK OF THE REPUBLIC OF BELARUS

of April 30, 2015 No. 267

About establishment of criteria concerning the foreign banks issuing and avalizing bills of exchange

(as amended of the Resolution of Board of National Bank of the Republic of Belarus of 06.08.2021 No. 225)

Based on subitem 1.1 and the paragraph of third subitem 1.11 of Item 1 of the Presidential decree of the Republic of Belarus of February 17, 2015 "About use of bills of exchange" and parts one of article 39 of the Bank code of the Republic of Belarus the Board of National Bank of the Republic of Belarus DECIDES: No. 69

1. Determine that criteria concerning the foreign banks issuing or avalizing the bills of exchange accepted by exporters from nonresidents as payment in case of payment under agreements in foreign trade are appropriated to them by at least than two international rating agencies and confirmed with information posted on the official sites of the international rating agencies (Fitch Ratings, Standard&Poor "s, Moody" s Investors Service) on the global computer Internet, the following ratings:

the long-term score according to obligations in foreign currency assigned by Fitch Ratings rating agencies or Standard&Poor "to s of level not below VV-or the rating of long-term debt obligations of corporate issuers or long-term bank deposits in foreign currency appropriated by Moody rating agency" s Investors Service of level is not lower than Va3 - for the foreign banks which are residents of the Russian Federation, the Republic of Kazakhstan or the Republic of Armenia;

the long-term score according to obligations in foreign currency assigned by Fitch Ratings rating agencies or Standard&Poor "to s of level not below VVV-or the rating of long-term debt obligations of corporate issuers or long-term bank deposits in foreign currency appropriated by Moody rating agency" s Investors Service of level is not lower than Vaa3 - for the foreign banks which are residents of other states except the Russian Federation, the Republic of Kazakhstan or the Republic of Armenia.

2. This resolution becomes effective since May 21, 2015.

Note. For the purposes of this resolution terms have the values determined by the Presidential decree of the Republic of Belarus of February 17, 2015 No. 69.

Chairman of the board

P.V.Kallaur

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