Interest rates for personal loans are falling.
All About the Latest Banking Updates
Get the lowdown on the latest changes in Belarusian banking, as we cover everything from consumer loans to leasing services.
Sber Bank
Looking to spice up your purchase game? Sber Bank has slashed interest rates:
- For the *"Buy with Sber Bank! (on goods of domestic production)" loan, rates have tumbled by:
- 0.1 percentage points (p.p.) to a fresh 17.9% per year with a grace period,
- and by 0.2 p.p. to an impressively low 17.8% per year without a grace period.
BelVEB Bank
Craving flexibility with your consumer financing? BelVEB Bank has got you covered, with the maximum term for the "For consumer needs" loan extending from 36 to an extended 60 months.
Keeping it Fresh
Don't forget to check out the latest tariff adjustments from "Statusbank":
- Their revised tariff schedule for conducting operations for legal entities and individual entrepreneurs is now available here.
- Updates have also been made to the agreement for comprehensive banking services for individuals, found here.
*This article reflects banking product condition updates as of the date of publication
- Consumer loans
- Auto loans
- Business loans
- Mortgages
- Deposits
- Loans
- Business account products
- Credit cards
- Debit cards
- Leasing services for new cars
- Leasing services for used cars
- Leasing services for business vehicles
Banking News Loan Changes Mikhail Svetlov Journalist
As for the bigger picture, things are shifting in Belarusian banking:
1. New Exchange Rate Landscape Since currency reforms, banks now have flexibility to set their interbank lending rates for ruble transactions - this could indirectly impact loan pricing across various categories.[5]
2. International Sanctions Canuck sanctions explicitly target Belarusian-Russian Belgazprombank and VTB Bank (Belarus), potentially affecting their cross-border services and international transaction capabilities.[3]
3. Global Lending Trends The IMF's 2025 framework introduced zero-interest loans for developing countries and revised access limits, though Belarus isn't a direct recipient in these reports.[4]
Stay tuned for future updates, as specific product adjustments may still be emerging due to broader economic changes.
- With the recent adjustments, Sber Bank has decreased the interest rates for the "Buy with Sber Bank! (on goods of domestic production)" loan, now standing at 17.9% per year with a grace period and an impressively low 17.8% per year without a grace period.
- For those seeking flexibility in consumer financing, BelVEB Bank has extended the maximum term for the "For consumer needs" loan from 36 to 60 months.
- The latest tariff adjustments from "Statusbank" include changes in the tariff schedule for conducting operations for legal entities and individual entrepreneurs, as well as updates to the agreement for comprehensive banking services for individuals.
- In the broader context, Belarusian banking is experiencing significant shifts, with banks now having flexibility to set their interbank lending rates for ruble transactions, which could indirectly impact loan pricing across various categories.
