Belarusian Prime Minister Aleksandr Turchin held a joint session of the annual General shareholders’ meeting and the Supervisory board of the Development Bank of Belarus on 30 March.
The agenda included reviewing the results of the bank’s performance in 2025 and assessing outcomes for the first quarter of 2026.
“We traditionally meet in March to take stock of the work in the previous year, approve the financial statements, decide on profit distribution, and discuss other matters related to the bank’s activities. The past year was undoubtedly quite challenging, but nevertheless, the bank’s performance can be assessed as satisfactory. The Development Bank has met all assigned tasks,” Aleksandr Turchin said.
He cited several figures. More than Br4 billion was allocated for investment financing. The volume of export loans issued in 2025 amounted to Br4.4 billion. In addition, in 2025 the Development Bank continued its program to support small businesses. A total of Br375 million was allocated for these purposes. Br330 million was transferred to the state budget.
“Today’s meeting is not only about evaluating the results of 2025. We have practically completed the first quarter of 2026. The Development Bank has entered a new operational cycle: the first year of its strategic development plan. It is important that we understand the trends and prospects of the current year. Therefore, today’s agenda includes 18 items, most of which are being reviewed jointly by the Supervisory board and the General shareholders’ meeting. I expect that we will conduct today’s session efficiently and constructively,” the Prime Minister noted.
Attending the meeting were Vladislav Tatarinovich, recently appointed as the state representative in the governing bodies of the Development Bank, and Pavel Kallaur, proposed for appointment as an independent director. “I would like to wish my colleagues successful and productive work in the governing bodies of the Development Bank,” Aleksandr Turchin added.
