State Committee on Property of the Republic of Belarus State Committee on Property of the Republic of Belarus Государственный комитет по имуществу

Government consolidates state-owned shares of Open Joint Stock Company Priorbank

Accoridng to the Council of Ministers Decision № 209 of 28 March 2019, the government is consolidating the state-owned shares of Priorbank. The Council of Ministers Decision № 209 is officially published on the National Legal Internet Portal.

The Priorbankshares, which are now owned by the administrative and territorial units and legal entities (OJSC «Minsk Automobile Plant" – Managing company of the BELAVTOMAZ holding), will be given to republican ownership for free. These are 2 058 674 ordinary shares and 540 preferred shares.

Then this package, as well as the shares ofO JDS Priorbank, which are under the economic jurisdiction of state organizations, will be transferred to the possession and disposal of the State Committee on Property. The deadline forimplementationofthis instructions is 20 April.


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