In a meeting with Belarusian Premier Mikhail Myasnikovich on 17 April, Belarus President Alexander Lukashenko demanded to look into the issue concerning pressure of certain banks on Belarusian companies, BelTA learnt from the presidential press service.

In his words, he has already drawn the attention of the Prime Minister and the head of the National Bank to this issue. “I have enough information that foreign banks are conducting a stick and carrot policy in a bid to draw the resources of our large companies. There is pressure on our companies. It is unacceptable. I am for competition, but it should be fair,” the President stressed.

Mikhail Myasnikovich reported that today Belarusian companies have a right to open accounts abroad only with the permit of the National Bank. The flow of funds on these accounts is under proper control.

The government will also take additional measures to make the activity of commercial banks more transparent in order to avoid any unfair transactions and protect the interests of the country in this sector, the Premier added.

(BelTA)