Translation. Region: Russian Federation –
Source: People's Republic of China in Russian – People's Republic of China in Russian –
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Source: People's Republic of China – State Council News
Minsk, March 26 (Xinhua) — The total volume of bank guarantees in Belarus increased by 18.8 percent in 2025, according to the press service of the National Bank (Central Bank) of Belarus on Thursday.
In 2025, 20 Belarusian banks conducted 5,555 documentary transactions involving guarantees, letters of credit, and collections totaling 6.3 billion Belarusian rubles (approximately $2.14 billion equivalent). The majority of transactions (54.3 percent) were conducted in Belarusian rubles. Export/import settlements were primarily conducted in the Russian ruble and yuan.
The number of documentary transactions last year decreased by 10 percent compared to the previous year, due to a decline in the number of transactions involving bank guarantees. At the same time, the overall volume of documentary transactions increased, with the average transaction amounting to 1.1 million Belarusian rubles, a 10 percent increase compared to the previous year.
In 2025, 19 Belarusian banks issued and accepted 4,086 bank guarantees, a 15.4 percent decrease compared to the previous year. However, their total value increased by 18.8 percent, reaching the equivalent of 3.8 billion Belarusian rubles. Electronic bank guarantees accounted for 54 percent of the total number of issued guarantees.
The number of transactions with letters of credit carried out by 14 Belarusian banks in 2025 increased by 11 percent compared to the previous year, reaching 1,398. However, their total volume decreased by 21 percent, to the equivalent of 2.2 billion Belarusian rubles.
Last year, the number of collection transactions handled by the two banks decreased, accounting for 1.3 percent of total documentary transactions. A total of 71 transactions were completed, totaling 225 million Belarusian rubles, all of which were export transactions. Traditionally, Belarus' counterparties in collection transactions have been Asian and African countries. Collection settlements were primarily conducted in yuan (86 percent).
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