Working with the new refinancing rate

Working with the new refinancing rate

On March 1, 2023, the refinancing rate of the National Bank of the Republic of Belarus was lowered to 11% per annum (previously it was 11.5%). According to the National Bank, the rate will drop to 10.5% per annum from April 3rd (https://www.nbrb.by/press/14226).

For reference: the refinancing rate affects the rates on loans, deposits, and the interbank market.

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