Main Information for Financial Institutions and Business Partners
International Business Partners
European Bank for Reconstruction and Development
The European Bank for Reconstruction and Development (EBRD) has been a business partner of JSC "MTBank" since 2006. The EBRD was established in 1991 to help build a new, post-Cold War era in Central and Eastern Europe. It is the international financial organization, which is committed to provide investments to projects furthering progress towards market-oriented economies and the promotion of private and entrepreneurial initiative. The Shareholders of the EBRD are 72 countries , as well as the European Union and the European Investment Bank. The EBRD is not a commercial bank. The operational activities of the EBRD are based on financial investment projects. In addition, the EBRD provides business advisory services and stimulates trade financing and syndication of loans. The EBRD regularly participates in policy discussions with governments, leading entrepreneurs and regional officials, helping to develop strategies and initiatives aimed at creating an enabling economic environment and improving people's lives.
Dutch development bank (FMO)
Dutch development bank (FMO) has been in successful cooperation with JSC "MTBank" since 2009. FMO is the Dutch development bank, which has been investing for more than 50 years in the private sector in developing and emerging markets. The contribution of the bank has the maximum long-term impact on various industries: financial institutions, energy and agro-industrial production. FMO invests in infrastructure, production and services together with partners. FMO is one of the largest bilateral private sector development banks in the world, covering over 85 countries.
The IIV Mikrofinanzfonds
The IIV Mikrofinanzfonds is a German investment fund investing in financial institutions for the implementation of micro-lending in developing countries. It provides financing to organizations in over 40 countries of the world. The activity of the IIV Mikrofinanzfonds aims at a balanced combination of financial and social results. The Fund attaches great importance to the social objective of the organizations it supports. Only those financial institutions that actually have a positive impact in terms of their clients, aimed market segment and the country's economy have the ability to qualify for investment of the IIV Mikrofinanzfonds. The cooperation between the IIV Mikrofinanzfonds and MTBank successfully started in 2016.
Nordic Environment Finance Corporation
Nordic Environment Finance Corporation (NEFCO) is the International Financial Institution founded in 1990 by the treaty signed by the Governments of 5 Nordic European countries: Denmark, Finland, Iceland, Norway and Sweden. NEFCO's activities are focused on projects that achieve cost-effective environmental benefits across the region. NEFCO has financed a wide range of environmental projects in Central and Eastern European countries, including Russia, Belarus and Ukraine. The corporation also participates in the creation of innovative financial instruments designed to improve the state of the environment and prevent from climate change. The activities of NEFCO are coordinated from the head office in Helsinki. Priority areas are cost-effective projects to decrease greenhouse gas emissions, improve the state of the Baltic Sea, reduce pollution of the environment made by toxic substances. NEFCO's investment portfolio currently comprises over 600 small and medium-sized projects spread across different economic sectors in more than 60 countries. The total capital of NEFCO-managed trust funds is approximately EUR 598 million.
Symbiotics SA (incorporated in 2004 in Geneva, Switzerland) is an investment company specialized in provision of sustainable and inclusive finance to emerging markets, which offers market research, investment advisory and asset management services. It is an asset manager of collective investment schemes regulated by FINMA, the Swiss Financial Market Supervisory Authority, and has an advisory license from the FCA, the Financial Conduct Authority, through its subsidiary in the UK. The company is headquartered in Geneva, with offices in Cape Town, London, Zurich, Mexico City and Singapore with a staff of over eighty professionals. Since 2004 Symbiotics has helped setup over 50 impact investing funds and has originated over USD 4.8 billion of impact investments. The company has issued more than 3.600 transactions for 420 institutions in approximately 80 emerging and frontier markets. The cooperation between Symbiotics SA, its funds and MTBank successfully started in 2016.
AKA Ausfuhrkredit-Gesellschaft mbH
AKA Ausfuhrkredit-Gesellschaft mbH is a consortium of German banks, which was founded in 1952. Its owners are 17 banks in Germany. AKA Ausfuhrkredit-Gesellschaft mbH is a credit institution that provides foreign trade financing by optimizing the financing of export contracts under the cover of Euler Hermes and other export credit agencies.
Business Partners in the Republic of Belarus
JSC "Development Bank of the Republic of Belarus"
JSC "Development Bank of the Republic of Belarus" is a specialized financial institution established in accordance with the Decree of the President of the Republic of Belarus dated June 21st, 2011 No. 261. The Bank is founded by the Council of Ministers and the National Bank of the Republic Belarus. The joint successful cooperation of JSC "MTBank" with JSC “Development Bank of the Republic of Belarus” under SME Financing Programme began in 2014. Creation of the Development Bank of the Republic of Belarus was carried out in close cooperation with the leading international financial institutions, in particular, with the International Monetary Fund and the World Bank, and is based on the analysis of international practice of similar institutions functioning. The main objective of the Development Bank of the Republic of Belarus is elaboration of financial system for government programmes and implementation of socially significant investment projects. Three main goals set to the Development Bank of the Republic of Belarus are as follows:1. financing of long-term and capital-intensive investment projects within the framework of government programmes and activities implementation;2. supporting small and medium-sized enterprises by means of special credit products granted through the network of partner banks;3. extension of concessional export credits to support large (over USD 1 million) projects of domestic exporters.
Implementation of the development institution centralizing the functions of funding large investment and infrastructure projects facilitates the increasing of government programmes efficiency, rational utilization of budget funds applied for development of the national economy, decreasing of risk level in the banking sector of the Republic of Belarus.
"System “Raschet" is an automated information system of the unified settlement and information space (Open Joint stock Company "Non-bank financial institution "Single Settlement and Information Space") created by the National Bank of the Republic of Belarus for facilitating acceptance of payments made by individuals and legal entities. More than 19 500 manufacturers are registered in “System “Raschet” more than 65 600 services are available for payment. Payment for services can be made in all of 23 banks and the Republican Unitary Enterprise of Posts “Belpochta”.
Association of Belarusian Banks
The Association of Belarusian Banks is a non-governmental non-profit organization, which unites commercial banks and other organizations, whose activities are related to functioning of monetary and credit system. The Association of Belarusian Banks was established in 1990 and currently unites 25 banks with an extensive network of offices throughout the country and 9 organizations, whose activities are related to functioning of the banking system.
Main "NOSTRO" correspondent accounts updated on September 29, 2022
Joint-stock company "MTBank" ( JSC "MTBank")
№ Currency Correspondent Account Correspondent bank Address SWIFT 1 PLN PL94102000161201110000005802 PKO Bank Polski S.A. 15 Pulawska street, 02-515 Warsaw, Poland BPKOPLPW 2 RUB* 30111810600010000075 PJSC 'BANK URALSIB' Efremova str., 9, Moscow, Russian Federation, 119048, BIC 044525787, correspondent account:
AVTBRUMM 3 RUB 30111 810 3 0000 2054666 CB “Moskommertsbank” (JSC) M. Ordynka str., 20, building 1, Moscow, Russian Federation, 119017, BIC 044525951, correspondent account: 30101810045250000951 in The Central Bank of the Russian Federation Main Branch for the Central Federal District, Moscow IVDCRUMM 4 RUB 30111810600000000064 Interstate Bank Shukhov Str 15, Moscow, 115162, Russian Federation INEARUMM 5 KZT** 30111398300010000075 PJSC 'BANK URALSIB' Efremova str., 9, Moscow, Russian Federation, 119048, correspondent account:
KZ165503010900000069 in INTERSTATE BANK, SWIFT INEARUMM (additional info: BIN 000000000000, KBE 24)
AVTBRUMM 6 KZT 30111 398 7 0000 1054666 CB “Moskommertsbank” (JSC) M. Ordynka str., 20, building 1, Moscow, Russian Federation, 119017, BIC 044525951, correspondent account: KZ346010011000041438 in JSC Halyk Bank, Almaty, Kazakhstan, SWIFT: HSBKKZKX IVDCRUMM 7 KZT 30111398300000000064 Interstate Bank Shukhov Str 15, Moscow, 115162, Russian Federation INEARUMM 8 EUR BY49AKBB17010000005830000000 JSC “Savings Bank 'Belarusbank” 18 Dzerzhinski Avenue, 220089, Minsk, Minsk Oblast, Belarus, correspondent account in
RAIFFEISEN BANK INTERNATIONAL AG
AKBBBY2X 9 TJS 30111972700000000064 Interstate Bank Shukhov Str 15, Moscow, 115162, Russian Federation INEARUMM 10 AMD 30111051100000000064 Interstate Bank Shukhov Str 15, Moscow, 115162, Russian Federation INEARUMM 11 KGS 30111417100000000064 Interstate Bank Shukhov Str 15, Moscow, 115162, Russian Federation INEARUMM
* For payments in Russian rubles TIN/KPP JSC "MTBank" - 9909097317/772287001
** Rules for processing payments in the KZT.doc
JSC “MTBank” is an active participant of FX market. The Bank makes FX TOD, TOM, SPOT, SWAP and Forward deals with banks-counterparties via Bloomberg Professional platform, Reuters FXTrading and other platforms.
MTBank is also one of the most active participants of Belarusian Currency Stock Exchange in the currency section. Besides, FX market, Money Market is an important issue in the Bank's activity. MTBank lends to and borrows money from banks-counterparties.
Our dealing codes are as follows:
- Refinitiv (Reuters) code - MTBB
- Bloomberg code - MTBB
JSC "MTBank" provides brokerage services in the market of government securities and securities of the National Bank of the Republic of Belarus. JSC "MTBank" is an active securities market participant. The Bank holds leading positions in the ratings by volume and quantity of operations performed on the market.
Conducting operations in the government securities market provides:
- reliability (coupon payments and redemption of bonds are made in due time);
- high profitability;
- preferential taxation.
We will help clients to form efficient portfolio of securities.
The following types of operations are offered to clients at the moment:
- purchase of government securities at auctions and additional placements, conducted by JSC "Belarusian Currency and Stock Exchange", the National Bank of the Republic of Belarus;
- purchase and sale of government securities in the trading system of JSC "Belarusian Currency and Stock Exchange" under terms of repurchase agreement ('REPO') and "By redemption".
MTBank guarantees an individual approach to each client, taking into account the needs and specific character of client's activity. The client has to conclude brokerage service agreement to start work on the government securities and corporate bonds market.
The employees of Securities Division of JSC "MTBank":
- accept and execute client's requests;
- provide the client with a report on performed operation;
- inform about the state of the market and portfolio assets assessment;
- provide consultation assistance with all questions related to actions on securities market.
The bank commission for conducting government securities and corporate bonds operations is 0.02% of the operation amount.
MTBank provides the following trade finance and documentary business services to banks:
1. Letter of credit confirmation
MTBank could add its confirmation under a letter of credit issued by domestic or by foreign bank:
- within a credit line established for an issuing or reimbursing bank; or
- if covered by EBRD guarantee under Trade Facilitation Programme; or
- on cash-cover basis.
2. Advising of letters of credit and guarantees
MTbank is constantly increasing its corporate customer base and prepared to advise letters of credit and guarantees to its corporate clients.
3. Discounting and post-financing under letters of credit
MTBank is able to provide post-financing or discounting (prepayment) under letters of credit available by deferred payment, issued in favor of its clients (both residents and non-residents)
Financing is possible:
- under unconfirmed letter of credit within a credit line established for an issuing or reimbursing bank (MTBank should be a nominated bank under a letter of credit); or
- under confirmed letter of credit covered by EBRD guarantee within the frames of Trade Facilitation Programme (MTBank acts as confirming bank under a letter of credit)
4. Issuance of guarantees
MTBank offers guarantee issuance by order of banks (residents or non-residents):
- within a credit line established for a counter-guarantor; or
- if covered by EBRD guarantee under Trade Facilitation Programme; or
- on cash-cover basis
5. Issuance of reimbursement undertaking under letter of credit and other services in accordance with the terms and conditions on documentary operations
MTBank is a participant of the EBRD`s Trade Facilitation Programme.
Trade Facilitation Programme (TFP) was launched by the European Bank for Reconstruction and Development (EBRD) in 1999 to facilitate international trade in the EBRD’s countries of operations (more than 30 countries in Central and Eastern Europe, the Southern and Eastern Mediterranean).
Under TFP EBRD provides guarantees in favour of confirming banks in order to ensure fulfilment of obligations taken by issuing banks under trade finance products.
MTBank is one of the first Belarusian banks that joined the TFP as issuing bank and as confirming bank.
Under TFP MTBank is able to add its confirmation to letters of credit, provide post-financing or prepay (discount) under letters of credit available by deferred payment, issue guarantees by order of issuing banks subject to cover of EBRD guarantee.
Here you will find the terms and conditions on documentary operations.
Terms and Conditions of MTBank for Correspondent Banks
Terms and Conditions of MTBank on Documentary Operations