RESOLUTION OF BOARD OF NATIONAL BANK OF THE REPUBLIC OF BELARUS

of May 30, 2025 No. 141

About change of resolutions of Board of National Bank of the Republic of Belarus of September 28, 2006 No. 138 and of July 11, 2022 No. 257

Based on the paragraph of the thirtieth of part five of Article 14, of Article part six paragraph two 34, of Article part one 39, of parts one, the second and sixth article 111, of articles 112 and 113 of the Bank code of the Republic of Belarus, Items 8 and 11 of article 176 of the Tax Code of the Republic of Belarus, part three of subitem 1.1 of Item 1 of the Presidential decree of the Republic of Belarus of June 21, 2011 No. 261 "About creation of the open joint stock company "Development Bank of the Republic of Belarus" Board of National Bank of the Republic of Belarus DECIDES:

1. Make changes to the following resolutions of Board of National Bank of the Republic of Belarus:

1.1. in the resolution of Board of National Bank of the Republic of Belarus of September 28, 2006 No. 138 "About approval of the Instruction about procedure for forming and use of special reserves on covering of possible losses on the assets and transactions which are not reflected in balance":

1.1.1. preamble after the word "Belarus" to add with words "parts three of subitem 1.1 of Item 1 of the Presidential decree of the Republic of Belarus of June 21, 2011 No. 261 "About creation of "Development Bank of the Republic of Belarus" open joint stock company,";

1.1.2. exclude Items 2 and 2-1;

1.1.3. in the Instruction about procedure for forming and use of special reserves on covering of possible losses on the assets and transactions which are not reflected in balance approved by this resolution:

1.1.3.1. state Item 1 in the following edition:

"1. This Instruction is developed for the purpose of ensuring financial reliability of banks, "Development Bank of the Republic of Belarus" open joint stock company and the non-bank credit and financial organizations (further, unless otherwise specified, - bank), timely and complete obligation fulfillment before the investors and other creditors, implementation of proper risk management arising in their activities, maintenance of the normative capital of bank at the level sufficient for compensation of risks, forming of special reserves on covering of losses.

Requirements of this Instruction are not applied by the branches of foreign banks opened in the territory of the Republic of Belarus.";

1.1.3.2. in the paragraph the second Item 2 shall be replaced with words the word of "credits" "assets and reserve on covering of possible losses on special portfolios of the homogeneous credits";

1.1.3.3. to add the paragraph of the seventh of Item 3 with the words "through profit or loss";

1.1.3.4. in Item 5:

in subitem 5.1:

to "physical persons" to add paragraph two after words with words ", except individual entrepreneurs (further - physical persons)";

to state the paragraph of the eighth in the following edition:

"debt on the acquired securities considered on the depreciated cost, debt securities carried at fair value through other comprehensive income (further, unless otherwise specified, - the securities subject to credit risk);";

in subitem 5.2.1:

in the paragraph the second shall be replaced with words the words "nominated in Belarusian rubles" "bonds of "Development Bank of the Republic of Belarus" open joint stock company;

add the subitem with the paragraph of the following content:

"insurance of export risks with support of the state based on the agreement signed with the Belarusian republican unitary enterprise of export-import insurance "Beleksimgarant" (further - BRUPEIS of "Beleksimgarant"), including on the terms of joint insurance and (or) reinsurance in the state insurance company (the state insurance companies);";

in subitem 5.5 of the word "the credits - group of the credits" shall be replaced with words "assets - group of the assets subject to credit risk,";

state subitem 5.9 in the following edition:

"5.9. terms "banks of the group "A", "banks of the group "D", "banks of the group "E", "the interconnected requirements and obligations", "mortgage portfolio", "international banks of development of the A0 group, "international banks of development of group "A", "international banks of development of the group "D", "international banks of development of the group "E", "international financial institutions", "the encumbered assets", "MSP portfolio", "retail portfolio", "the countries of the group "A", "the countries of the group "C", "the countries of the group "D", "the countries of the group "E", "legal entities of the group "A", "legal entities of the group "D" and "legal entities of the group "E" have the values determined respectively by subitems 2. 1, 2.4, 2.5, 2.14, 2.191, 2.29, 2.30, 2.33-2.35, 2.38, 2.441, 2.49, 2.53, 2.55-2.57, 2. 66, 2.69 and 2.70 Items 2 of the Instruction on standard rates of safe functioning approved by the resolution of Board of National Bank of the Republic of Belarus of July 11, 2022 No. 257;";

add Item with subitem 5.12 of the following content:

"5.12. the term "debt security" matters, determined by the paragraph the fourth parts one of Item 2 of the Instruction for financial accounting of transactions with securities approved by the resolution of Board of National Bank of the Republic of Belarus of March 1, 2021 No. 52.";

1.1.3.5. add the Instruction with Item of 51 following contents:

"51. The subjects determined by article 3 of the Law of the Republic of Belarus of July 1, 2010 No. 148-Z "About support of small and medium entrepreneurship concern subjects of small and medium entrepreneurship.";

1.1.3.6. in Item 6:

in word part one" (except for the credits included in portfolios of the homogeneous credits)" and "and to the contingent obligations classified by the I risk group and also the credits included in portfolios of the homogeneous credits" to replace respectively with words "(except for the assets included in portfolios of homogeneous assets, and the credits included in special portfolios of the homogeneous credits)" and "specified in parts of the second or fourth of this Item";

in part three of the word "in II" shall be replaced with words "in III";

the fourth to state part in the following edition:

"Reserve on covering of possible losses on portfolios of homogeneous assets and reserve on covering of possible losses on special portfolios of the homogeneous credits also the terms established respectively by Chapters 7 and 8 of this Instruction are created according to the procedure.";

1.1.3.7. in Item 9:

in paragraph one of part two of the word of "special reserves" shall be replaced with words "special reserve on covering of possible losses";

in part three:

after the word of "reserve" to add with the words "on covering of possible losses";

words", the Republic of Belarus approved by the resolution of Board of National Bank of March 1, 2021" to exclude No. 52;

1.1.3.8. state Item 11 in the following edition:

"11. If concerning the debtor the bank has several assets subject to credit risk, and on one of them there was overdue debt, all assets of the debtor, including the assets included in portfolios of homogeneous assets, and the credits included in special portfolios of the homogeneous credits classifications in group with the greatest risk level taking into account the features established by parts of the second or sixth of this Item are subject.

Classification of the assets subject to credit risk which are not included in portfolios of homogeneous assets in group with the greatest risk level according to part one of this Item is not performed in case of origin on the assets subject to credit risk, exclusively following overdue debt (one or several):

the debt on the means placed in other banks, the debt of banks which resulted from concession to bank, concession bank of the right of monetary claim or alienation by bank of the assets which resulted from discharge of the assets subject to credit risk with provision of the right of delay (payment by installments) of payment delayed up to 3 days;

the debt of legal entities on the assets subject to credit risk which are not included in portfolios of homogeneous assets delayed up to 7 days;

the debt of legal entities, subjects of small and medium entrepreneurship on the assets included in portfolios of homogeneous assets delayed up to 30 days;

the debt of physical persons on the assets subject to credit risk which are not included in portfolios of homogeneous assets delayed up to 30 days;

the debt of physical persons delayed up to 60 days, except for subjects of small and medium entrepreneurship, on the assets included in portfolios of homogeneous assets;

overdue debt on means in calculations for transactions with legal entities and physical persons irrespective of its duration;

the overdue debt carried to the VI risk group according to part one of subitem 37.12 of Item 37 of this Instruction.

Classification of the assets included in portfolios of homogeneous assets in group with the greatest risk level according to part one of this Item is performed in the cases determined by parts two and third Item 54 of this Instruction.

Classifications in group with the greatest risk level according to part one of this Item are not subject:

the debt urgent restructured, but not reclassified;

the debt provided with high-quality providing in warranty type of the Government of the Republic of Belarus;

assets of mortgage portfolio which classification is performed according to Chapter 4 of this Instruction;

the assets of mortgage portfolio included in portfolios of homogeneous assets.

In case of determination of group with the greatest risk level for the purposes of part one of this Item cases of reference of debt to the VI risk group according to part one of subitem 37.12 of Item 37 of this Instruction are not considered.

In the presence at bank of the assets subject to credit risk, the physical person and assets subject to credit risk, the individual entrepreneur on which debtor is the same citizen requirements of part one of this Item are applied to them as to the assets subject to credit risk, the same debtor.";

1.1.3.9. state Item 14 in the following edition:

"14. For the purposes of this Instruction:

the regulations applied to debt on the assets subject to credit risk, and contingent obligations concerning legal entities extend to debt on the assets subject to credit risk, and contingent obligations concerning individual entrepreneurs;

the regulations applied to debt on the means placed in other banks and contingent obligations concerning banks extend to debt on the means placed in international financial institutions, debt on the means placed in international banks of development, debt on the means placed in branches of the foreign banks opened in the territory of the Republic of Belarus, debt on the means placed on accounts of the payment service providers registered by the Central (national) Banks of the countries of organization as the credit or financial institutions which are not banks and having the corresponding special permission (license) for implementation of banking activity, and contingent obligations of these partners;

on debt on the assets subject to credit risk, and contingent obligations concerning lawyers, notaries, arbitration judges and mediators the regulations applied to debt on the assets subject to credit risk, and contingent obligations concerning physical persons extend.";

1.1.3.10. in Item 15:

word in paragraph four "overdue debt over 30" shall be replaced with words "over 30";

after the paragraph of the fourth to add Item with the paragraph of the following content:

"on the urgent or delayed up to 7 days debt on the acquired debt securities carried at fair value through other comprehensive income in the absence of uncollected interest income on them, except as specified decision makings about restructuring of this debt, emergence of such debt as a result of debt restructuring on the assets subject to credit risk, and also emergence of the debt delayed over 3 days at bank partner or 7 days at the debtor - the legal entity, on the assets subject to credit risk (except overdue debt on means in calculations for transactions with legal entities and physical persons irrespective of its duration);";

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