The National Bank of Belarus has imposed a permanent ban on lending to individuals in foreign currency

December 27, Minsk /BelTA/. The National Bank of Belarus has lifted temporary restrictions on the prohibition of lending to individuals in foreign currency, Anatoly Drozdov, Head of the Information Department - Press Secretary of the National Bank, told BelTA. "By Resolution No. 557, the National Bank has amended Resolution No. 105 of July 14, 2009, which introduces a permanent ban on lending to individuals in foreign currency," he said. As a reminder, Resolution No. 105 "On Amendments and Additions to the Instruction on the Procedure for Banks to Provide (Place) Funds in the Form of Loans and Their Repayment of December 30, 2003 No. 226" suspended the issuance of loans in foreign currency to individuals, except for individual entrepreneurs, until January 1, 2011. Anatoly Drozdov explained that this was done in order to de-dollarize the economy, reduce currency risks for citizens and the country's banking system. -0-