Belagroprombank celebrates its 35th anniversary. The team of CBU No. 620 in Chaussy received congratulations. We also learned about the bank's attractive offers

Newspaper Iskra

3 September 2026 11:25

On 3 September, Belagroprombank celebrates its 35th anniversary. Over this time, the bank has come a long way from a specialized financial institution established during the formation of the banking system of independent Belarus to a systemically important universal bank working with enterprises and entrepreneurs, as well as with the public. The country's economy, technologies, and people's everyday financial habits have changed – and the bank has changed along with them. Andrei Verkhovodkin, Deputy Chairman of the Chaussy District Executive Committee, congratulated the team of CBU No. 620 in Chaussy of OAO Belagroprombank on this momentous occasion. He wished the staff success, good health, and many new clients.

We, in turn, took the opportunity to speak with the head of the Central Banking Department, Olga Andriyasheva. – Olga Vladimirovna, in your opinion, is the housing loan market open to buyers today? – Right now is precisely the moment when it's worth considering purchasing housing on credit. Belagroprombank offers several programs designed for different life situations: new buildings, the secondary market, and the construction of one's own home. We have programs with a grace period, a fixed rate, and a deferral on the principal: in other words, everyone can choose what suits them best. – What can you offer those who dream of an apartment in a new building? – For new buildings, we have a program with a term of up to 20 years. For the first three years, the rate is 11.5% per annum – this is a reduced rate that allows the family, after purchasing or building an apartment, to do renovations and buy furniture/appliances. Thereafter, interest on the loan will be charged at the refinancing rate plus 5.45 percentage points. Today that is 14.7%. We can finance up to 90% of the apartment's value, and the client only needs to have 10% of the housing cost in their own funds. An important point: when calculating creditworthiness, the bank can take into account not only the borrower's own income, but also the income of family members – the spouse, close relatives. This makes it possible to increase the loan amount. In addition, a deferral on principal repayment is provided for the first 18 months, so you will only pay interest. – Many prefer move-in-ready housing, so as not to wait several years for construction to be completed and to be able to immediately live in their own apartment. – For the secondary market, the bank offers a program with a maximum term of up to 20 years, where for the first 2 years the interest rate on the loan will be only 11.5% per annum, and then 15.0%. Here too there is a deferral on the principal, six months (as well as 18 months in the case of purchasing housing from a developer), which is convenient when, after the purchase, you need to do renovations or simply move in and settle down. Interest is paid monthly, and from the 7th/19th month onward, even principal repayments begin. – Olga Vladimirovna, in 2025 Belagroprombank launched a program with a fixed rate for 30 years. Could you tell us more about it? – Yes, this is indeed a new solution. The rate is fixed at 17.71% per annum for the entire term of up to 30 years, which in itself reduces the monthly payment. Plus the interest calculation

Payment is made in equal installments, which allows the client to plan their expenses. All loans from Belagroprombank can be repaid early without any restrictions.– Many people are scared off by the mortgage process: paperwork, certificates, and a long wait for a decision.– We have streamlined the process as much as possible. A decision on the application is typically made within one business day. The funds are transferred directly to the seller, developer, or contractor. Loan payments can be made through the mobile app, internet banking, ERIP, or at any branch of the bank. Early repayment is available without penalties or restrictions. And here's an important point: you can submit an application even without a finalized purchase agreement, including directly through the mobile app.– What advice would you give to those who are just starting to think about buying a home on credit?– First – don't postpone talking to the bank. Come in for a consultation, bring your income documents with you, and we'll figure out together what fits your budget. Second – consider your family's income, don't count only your own salary. Third – compare the terms: grace period, fixed rate, deferment – each condition has its own advantages, and we'll help you choose the best option.Come in, we'll explain everything and help with the paperwork. And of course, you can call the short number 136 for a free consultation. Comprehensive information is also available on our official website at www.belapb.by, where all program terms and calculators for independent calculations are posted.

— This is a bit off the main topic, but it's also very popular. What tourist and medical services can the bank offer?

— The bank provides the opportunity to take out a loan for spa rehabilitation, dental and diagnostic procedures, renting motorhomes, excursions and exhibitions, travel agency services, and more. The loan term is up to 5 years, and the maximum amount is calculated based on the applicant's creditworthiness assessment. The interest rate is 13.4%, and the loan is repaid monthly in equal installments starting from the 7th month. Belagroprombank is always willing to meet its clients halfway!