BEST BANK
Priorbank/Raiffeisen International
It’s not easy being the only private, foreign-owned bank in a country where 80% of the economy is state-owned and all the other banks are run as extensions of state policy and ordered to lend at favourable rates to the state enterprises that create most of Belarus’ GDP.
Nonetheless, Priorbank, which is owned by Raiffeisen International, is in an interesting position in Belarus. As the country’s most independent bank, it should be in a good position should president Aleksander Lukashenko’s dictatorial regime fall.
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